Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the Annual Report of the Company for the financial year 2024-25 ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
RO Jewels Ltd has filed its Annual Report for FY 2024-25 along with the notice of its 7th AGM, scheduled for September 30, 2025 via video conferencing. Financial performance showed a steep decline — revenue fell sharply from Rs. 36,631.44 lacs in FY 2023-24 to Rs. 4,547.63 lacs in FY 2024-25, a drop of roughly 87%. Profit after tax also contracted from Rs. 92.18 lacs to Rs. 17.12 lacs (~81% lower), with EPS at just Rs. 0.02. No dividend has been declared. The company is seeking shareholder approval to double its authorised share capital from Rs. 10.10 crore to Rs. 20.25 crore. A new statutory auditor, M/s Shah Karia & Associates, is proposed for a 5-year term, replacing AKGVG & Associates. The auditor's report carries no qualifications.
The steep year-on-year revenue and profit slump is a red flag for shareholders and could weigh on the stock. The proposed doubling of authorised share capital hints at possible future fundraising, which may lead to equity dilution for existing holders.