Submission of 51st Annual Report of the Company
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Trans Freight Containers Ltd has submitted its 51st Annual Report for FY 2024-25 along with the notice for the 51st AGM scheduled on September 30, 2025. The company reported a turnover of Nil for the year, as its ISO Marine Cargo Container manufacturing operations remain suspended. Profit before Interest, Depreciation and Taxation rose to ₹155.45 Lakhs from ₹112.81 Lakhs, while net profit after tax was ₹139.84 Lakhs (vs ₹107.21 Lakhs last year). Accumulated losses stand at ₹2,751.55 Lakhs, and no dividend has been recommended. The AGM includes resolutions for re-appointment of director Mr. Badal M. Mittal (by rotation), re-appointment of statutory auditors M/s. Ramanand & Associates (remuneration of ₹50,000), re-appointment of Independent Director Ms. Runnu M. Polley for a second 5-year term, and appointment of M/s. K.C. Nevatia & Associates as Secretarial Auditors for 5 years.
No immediate impact on shareholders as there is no dividend and manufacturing remains suspended. The increase in profit is modest and comes on a very low base. Investors should note the company continues to carry significant accumulated losses and has no active revenue-generating operations.