Announced Thu, 4 Sept · 19:30 IST

ANNUAL REPORT FOR 2024-25

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Salguti Industries Ltd, a Hyderabad-based manufacturer of HDPE/PP woven sacks for fertilizers and cement, has filed its 40th Annual Report for FY 2024-25 with BSE. Total income rose modestly to Rs. 8,740.13 lakhs from Rs. 8,693.56 lakhs in the previous year, while the company returned to a net profit of Rs. 16.17 lakhs compared to a loss of Rs. 11.59 lakhs in FY 2023-24. EPS stood at Rs. 0.21 versus Rs. -0.15 earlier. No dividend has been recommended due to insufficient profits. The 40th AGM is scheduled for September 27, 2025 at 12:30 PM via video conferencing, with key agenda items including adoption of financial statements, re-appointment of Whole-Time Director Rajitha Reddy Salguti, and appointment of M/s. Sarada Putcha as Secretarial Auditors for a 5-year term. The statutory and secretarial auditors gave clean reports with no qualifications or adverse remarks.

Likely market impact

For shareholders, the return to profitability is a positive signal after last year's loss, though the thin margin and absence of a dividend suggest earnings remain fragile. The annual report provides full operational and financial details; investors should review it ahead of the September 27 AGM and the September 19 cut-off date for e-voting eligibility.