Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to submit herewith Annual Report of Financial Year 2024-25 including ....
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Shree Ajit Pulp and Paper Ltd submitted its 30th Annual Report for FY 2024-25 to BSE, as required under SEBI LODR Regulation 34. The company reported a turnover of Rs. 505.50 crores and a net profit of Rs. 9.39 crores for FY25, marking steady growth in revenue and improved margins versus the previous year. No dividend has been recommended this year due to capital expenditure on the Unit II expansion, which was completed by end of October 2024 and achieved nearly 100% capacity utilization in the last quarter of FY25. The company also successfully launched new low GSM and high BF paper grades, diversifying its product mix. The 30th Annual General Meeting is scheduled for September 30, 2025, to be held via video conferencing.
Shareholders will not receive a dividend this year as profits are being reinvested into Unit II modernization and expansion, though the new capacity and wider product range position the company for stronger earnings going forward.