please find attached herewith Annual Report for the financial Year 2024-25.
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Reetech International Limited (formerly Reetech International Cargo and Courier Limited) has filed its 17th Annual Report for FY 2024-25. Revenue from operations fell sharply by 59.25% to Rs. 1,192.61 lakhs from Rs. 2,927.32 lakhs in the previous year, mainly due to lower coal trading volumes. The company swung to a standalone loss after tax of Rs. 25.37 lakhs (vs profit of Rs. 101.36 lakhs last year), while consolidated PAT was deeply negative at Rs. (433.51) lakhs largely because of Rs. 408.15 lakhs share of losses from its associate company. No dividend has been declared. The company changed its name in March 2025 and has applied for an iron-ore warehousing permit as part of its diversification plans. The 17th AGM is scheduled for September 26, 2025, where shareholders will vote on approving material related party transactions worth up to Rs. 10 crores each with promoter-related entities.
The steep revenue decline and swing to losses, especially the large consolidated loss from the associate company, signal stress on the core trading business and raise concerns about near-term profitability. For shareholders, this means no dividend, likely subdued stock sentiment, and attention needed on the company's expansion into iron-ore and the performance of its associate.