Reg.34(1) Annual Report-2025
Awaiting price reaction for this filing.
United Textiles Limited has submitted its 32nd Annual Report for the financial year ending 31st March 2025, along with notice for the 93rd AGM scheduled on 27th September 2025. Revenue from operations fell to Rs. 1,030.81 lakhs from Rs. 1,336.52 lakhs in the previous year, a decline of about 22.89%. Despite the revenue drop, profit after tax rose to Rs. 2.01 lakhs from Rs. 0.52 lakhs last year, which the company describes as a 'remarkable' improvement on a small base. The Board has not recommended any dividend in order to conserve resources. The Board also proposes the appointment of Mrs. Anju Jain as Secretarial Auditor for a five-year term (FY26-FY30). The company has loans outstanding from directors amounting to Rs. 1.69 crores at year-end.
For shareholders, the sharp revenue contraction is a concern despite the higher bottom line, which remains very thin at just Rs. 2 lakhs on Rs. 10+ crore revenue. The no-dividend decision signals cash conservation. Management's focus on improving liquidity, recovering receivables, and cost-cutting may be worth tracking for the stock's near-term direction.