Notice of the 35th Annual General Meeting and Annual Report for the FY 24-25.
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Sharat Industries Limited has dispatched the notice for its 35th Annual General Meeting, scheduled for Saturday, 27th September 2025 at 11:00 AM IST via video conferencing, along with the Annual Report for FY 2024-25. The company reported strong financial performance with total income rising 26% to ₹382.29 crore and profit after tax nearly doubling to ₹9.96 crore, compared to ₹5.87 crore in FY24. Exports contributed about 80% of revenue at ₹292.98 crore, with Russia and the US as leading destinations, and SIL became the largest Indian shrimp exporter to Russia. Operationally, the farm division produced ~800 tonnes of shrimp, the feed mill produced ~6,000 tonnes, and the processing plant exported ~4,700 tonnes, with value-added products at 5% of volumes. The Board has recommended a dividend of ₹0.25 per equity share, subject to shareholder approval at the AGM.
The sharp rise in profit and revenue signals operational resilience and improving margins for shareholders, while the Russia export leadership and shift toward value-added products provide a positive growth outlook. However, low capacity utilization across divisions (40-60%) indicates significant headroom for future expansion, and the small dividend payout suggests earnings are being reinvested for growth.