Submission of Annual Report for the Financial Year 2024-25
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Solid Stone Company Ltd has submitted its 35th Annual Report for FY2024-25 along with the notice for its Annual General Meeting (AGM) scheduled for September 5, 2025 via video conferencing. The company reported Gross Income from Operations of Rs. 27.80 crores in FY25, up from Rs. 24.10 crores in FY24. Profit after Tax rose marginally to Rs. 86.59 lakhs from Rs. 84.98 lakhs, while Profit before Tax improved to Rs. 126.19 lakhs from Rs. 111.99 lakhs. The Board has recommended appointing M/s. Ashar & Co. LLP as new Statutory Auditors for a 5-year term, replacing M/s. Merchant & Co. whose term ends at this AGM. M/s. Jinang Shah & Associates has been recommended as Secretarial Auditors for FY26-FY30. Three new Independent Directors were appointed in September 2024 replacing three retiring directors.
This is a routine regulatory filing with no material price-moving disclosures; the company continues to post modest but positive year-on-year growth in revenue and profits. Shareholders should note the auditor change and the upcoming AGM on September 5, 2025.