Annual Report of the Company for the financial year 2024-25
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Telecanor Global Ltd submitted its 33rd Annual Report for FY 2024-25 to BSE, acknowledging a delay due to oversight and technical issues. The company reported a sharp jump in revenue from operations to Rs. 398.89 lakhs, up from Rs. 25.74 lakhs in the previous year. Profit after tax rose to Rs. 76.56 lakhs versus just Rs. 0.82 lakhs earlier, with EPS improving to Rs. 0.67. No dividend was recommended given the still-nominal scale of profits. The board also seeks shareholder approval to appoint Mr. Praturi Maruti Ram as Managing Director and Mrs. Manjula Poddar as Secretarial Auditor for 5 years, while authorized share capital was raised from Rs. 14 crore to Rs. 20 crore to allow future fundraising.
For retail investors, the filing shows a dramatic top-line and bottom-line rebound from a very low base, but management itself notes the company has not yet started operations in full swing and is relying on growth in blockchain, payment gateway and Aqua businesses. The delayed submission and absence of a dividend suggest the company is still in a turnaround phase rather than rewarding shareholders yet.