Annual Report for Financial Year 2024-25
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Awaiting price reaction for this filing.
Sri Chakra Cement Ltd has submitted its 43rd Annual Report for FY 2024-25 along with the notice for its 43rd Annual General Meeting, scheduled for 25th August 2025 via video conferencing. The financial results show revenue from operations falling sharply to Rs 107.49 crore from Rs 223.36 crore in the previous year — a decline of roughly 52%. The company also reported a much wider loss before tax of Rs 58.21 crore versus Rs 9.95 crore in FY 2023-24, with total comprehensive loss widening to Rs 56.77 crore (from Rs 10.76 crore). Earnings per share turned sharply negative at Rs (63.14) versus Rs (11.83) earlier. The business agenda at the AGM includes adoption of audited financials, re-appointment of a director, appointment of a new Independent Director, appointment of secretarial auditors, and ratification of cost auditors.
Sharp revenue collapse and a steeply wider loss point to significant operational stress for shareholders, though this is largely a procedural compliance filing and the AGM items are routine governance matters with no immediate positive catalyst for the stock.