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Scarnose International Limited (BSE: 543537) has submitted its 14th Annual Report for FY 2024-25 along with the notice of its 14th Annual General Meeting (AGM). The AGM will be held on Friday, September 19, 2025 at 3:00 PM through Video Conferencing (VC/OAVM). Key financial highlights: Revenue from Operations fell to Rs. 1,210.16 lakhs from Rs. 1,386.34 lakhs in FY24, but total expenses dropped sharply to Rs. 1,203.02 lakhs from Rs. 1,414.03 lakhs. Profit Before Tax rose to Rs. 25.33 lakhs (vs Rs. 1.32 lakhs), and Profit After Tax increased to Rs. 19.1 lakhs (vs Rs. 0.93 lakhs). EPS improved to Rs. 0.61 from Rs. 0.03. The AGM agenda includes adoption of audited financial statements and re-appointment of Managing Director Shraddha Dev Pandya, who retires by rotation. E-voting facility will be provided via NSDL from September 16-18, 2025.
Despite a decline in revenue, the company significantly improved profitability through cost reduction, with profit after tax rising over 20x year-on-year. The notice confirms routine AGM compliance and director re-appointment; no major strategic announcements or dividend declarations were included.