78th Annual report for the year 2024-25 enclosed.
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Sri Ramakrishna Mills (Coimbatore) Ltd submitted its 78th Annual Report for the financial year ended 31 March 2025 to BSE as required under SEBI LODR Regulations. The company's turnover rose sharply to Rs. 8,725.93 lakhs from Rs. 5,967.13 lakhs in the previous year, including Rs. 1,099.20 lakhs of real estate income. However, net profit fell to Rs. 364.82 lakhs from Rs. 648.01 lakhs, mainly because depreciation jumped to Rs. 239.58 lakhs from Rs. 151.37 lakhs and profit before interest and depreciation dropped to Rs. 999.12 lakhs from Rs. 1,295.20 lakhs. The 78th Annual General Meeting is scheduled for 25 August 2025 at SNR Auditorium, Coimbatore, where shareholders will consider adoption of financial statements, reappointment of Sri. P. Muthusamy as Director-Operations (rotational, plus 3-year extension at Rs. 70,000/month salary), and related items. Other disclosures include a change of RTA name from Link Intime to MUFG Intime, conversion of statutory auditor M/s C S K Prabhu & Co to an LLP, and an auditor qualification noting the company's accounting software did not have an audit trail (edit log) feature.
Mixed picture for shareholders: revenue grew around 46% year-on-year but bottom-line profit declined roughly 44%, suggesting margin pressure despite top-line expansion. The AGM agenda is routine, but the auditor's audit-trail qualification is a compliance red flag shareholders should note; no immediate dividend or capital action is announced in this filing.