Please find the enclosed the annual report for the year ended on 31st March,2025
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Vikram Thermo (India) Ltd has filed its Annual Report for the financial year ended 31 March 2025, along with the notice for its 31st Annual General Meeting scheduled for 26 September 2025 via video conferencing. Revenue from continuing operations rose about 25% to Rs. 12,623.06 lakhs from Rs. 10,127.26 lakhs last year, and profit after tax from continuing operations grew nearly 30% to Rs. 3,375.87 lakhs. However, total reported PAT fell sharply to Rs. 809.85 lakhs (from Rs. 2,537.87 lakhs) due to an exceptional loss of Rs. 2,534.10 lakhs booked against discontinued operations, dragging EPS down to Rs. 2.58 from Rs. 8.09. The Board has recommended a 10% dividend on equity shares and is seeking shareholder approval to appoint M/s. A. Shah & Associates as Secretarial Auditor for five years and to ratify the Cost Auditor's remuneration of Rs. 55,000.
Core business momentum remains strong with healthy revenue and profit growth, but the headline PAT is dragged down by a one-time charge from winding down discontinued operations. Shareholders get a modest 10% dividend and clearer visibility on the focused, continuing business going forward.