Annual Report including AGM notice
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Vruddhi Engineering Works Ltd has filed its 5th Annual Report for FY 2024-25 along with the AGM notice. The AGM is scheduled for Tuesday, 30th September 2025 at 11:00 a.m. at the company's registered office in Andheri East, Mumbai. The company posted strong financial results with revenue from operations rising to ₹3,180.23 Lakhs (from ₹2,182.09 Lakhs) and net profit nearly tripling to ₹149.15 Lakhs (from ₹57.29 Lakhs), with EPS at ₹5.91 versus ₹3.11. The board has not recommended any dividend, citing the need to conserve resources for expansion. Key business developments include a new Sonic Tube manufacturing plant in Gujarat, launches of Vruddhi Sonic Tube (VST) and Conical Wall Tie (VCT), and supply to metro projects including RVNL Nagpur Metro.
Shareholders should note the strong profit growth and new product launches, though the absence of a dividend means returns will rely on capital appreciation. The AGM is a routine governance event; no material concerns were flagged by statutory or secretarial auditors except a minor inadvertent non-filing (MGT-14) that the company is rectifying.