This is to inform you that pursuant to Regulation 34 of SEBI (LODR) Amendment Regulations, 2016 we attached copy of our Annual Report and Notice for the year 2024 - 25.
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The company has submitted its Annual Report and Notice for FY 2024-25 to BSE under SEBI LODR Regulation 34. Revenue jumped sharply to Rs 2,613.75 lakhs from Rs 638.71 lakhs in FY 2023-24 (over 4x growth), while Profit After Tax doubled to Rs 474.92 lakhs from Rs 231.11 lakhs. EPS rose to Rs 7.60 from Rs 3.70. The growth was mainly driven by a new land plotting and development business. No dividend has been recommended as the company needs capital for this new venture. The 32nd AGM is scheduled for September 29, 2025 via video conferencing. The company also formed two new LLPs for land development and construction during the year.
Strong top-line and bottom-line growth signals successful diversification into real estate, though the absence of a dividend reflects reinvestment mode. Shareholders will vote on re-appointment of two directors, appointment of a new independent director, and a new secretarial auditor at the upcoming AGM.