Submission of 38th Annual Report of Vivid Global Industries Limited for the Financial year 2024-25.
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Vivid Global Industries Limited has submitted its 38th Annual Report for FY 2024-25 to BSE (Scrip Code: 524576) on 6th September 2025. Total income from operations grew to Rs. 4,163.37 Lakhs from Rs. 3,487.00 Lakhs in the previous year, an increase of about 19%. Net profit after tax more than doubled to Rs. 38.58 Lakhs from Rs. 18.25 Lakhs, with profit before tax rising to Rs. 53.31 Lakhs. The 38th AGM is scheduled for 29th September 2025 via video conferencing, where shareholders will consider adopting the accounts, re-appoint Smt. Meena Sumish Mody as a director, and approve a special resolution allowing managerial remuneration above 11% of net profits. No dividend has been recommended, as the board plans to reinvest all profits. Management has flagged FY 2025-26 as challenging due to the US 50% tariff affecting the textile and dyes industry.
The doubled profit and revenue growth are positive signals for shareholders, though the absence of a dividend means no immediate cash return. The cautionary note on US tariffs and textile market headwinds may temper near-term optimism.