Annual Report for the FY 2024-25
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Starlog Enterprises Ltd has submitted its Annual Report for FY 2024-25 along with the notice for its 41st Annual General Meeting, scheduled for June 12, 2025 at 4:00 PM via video conferencing. Key financial highlights show Gross Receipts declining to ₹12.08 crore from ₹17.08 crore in FY23-24, while the company swung to a Profit After Tax of ₹27.06 crore (from a ₹0.96 crore loss), aided by exceptional items of ₹28.87 crore. Net Worth improved to ₹80.55 crore, and the company is now nearly debt-free with a Debt-Equity ratio of 0.17:1. Shareholders will vote on adopting the financial statements, reappointing Whole-time Director Edwina Dsouza, appointing M/s. Bhattacharya Das and Co as new Statutory Auditors for five years (replacing Gupta Rustagi & Co), appointing Mr. Raj Manek as Whole-time Director & CFO, and revising MD & CEO Saket Agarwal's remuneration.
Routine annual filing with a turnaround in reported profitability driven largely by one-time exceptional items, while core operations show shrinking receipts and lower cash profit. The auditor change and management remuneration revision are the key governance items shareholders should review before the June 12 AGM.