Tasty Bite Eatables Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 07, 2025
TASTYBITE · price
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Tasty Bite Eatables has notified the exchanges about its 41st Annual General Meeting scheduled for Thursday, August 7, 2025 at 11:00 AM IST at Hotel Sheraton Grand Pune. Remote e-voting will be open from August 4 to August 6, 2025. The company also enclosed its Annual Report for FY25 (year ending March 31, 2025). For FY25, the company reported revenue of ₹5,730 million (up 2.7% from ₹5,582 million in FY24), but profit after tax fell sharply to ₹256 million from ₹415 million, and EBITDA dropped to ₹704 million from ₹921 million. EPS declined to ₹99.80 from ₹161.80. The Food Service business grew 16%, with Frozen Formed Products up 42%, while the Consumer (export) business faced a Q1 slowdown due to weak US demand before rebounding.
This is a routine AGM notice and annual report submission, with no immediate price catalyst. However, the sharp decline in profits and margins despite revenue growth is a concern for shareholders. The maintained ₹2 dividend per share provides some stability, but the AGM will be a key forum for shareholders to question management on margin pressure and the upcoming India B2C launch.