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Awaiting price reaction for this filing.
S.V.J. Enterprises Limited has submitted a revised 16th Annual Report for FY 2024-25 to BSE, rectifying minor typographical errors from the version filed earlier; the company states there are no material changes in content. Key financials for the year ended March 31, 2025 show turnover declining to Rs. 517.20 lakhs from Rs. 579.85 lakhs, total income falling to Rs. 544.22 lakhs, and net profit dropping to Rs. 53.32 lakhs versus Rs. 73.52 lakhs in the prior year. The Board has not recommended any dividend, and paid-up share capital remains unchanged at Rs. 5.57 crore. The 16th AGM is scheduled for August 25, 2025 via video conferencing, where shareholders will consider the re-appointment of director Mr. Suresh Ramchandra Jha (retiring by rotation) and the appointment of M/s. Bhasin Hota & Co. as statutory auditors for a five-year term, replacing the resigning M/s. PSV Jain & Associates.
The year-on-year decline in both turnover and net profit is a mild negative signal, although operating profit before depreciation and finance costs improved marginally. The revision itself does not change any substantive disclosures, but the financials suggest weak top-line performance worth noting. The auditor change and AGM agenda items are routine governance matters.