Please find enclosed herewith the Annual report for the financial year ended 31.03.2025
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York Exports Ltd has submitted its Annual Report for FY 2024-25. The company, which operates in a single segment of textile manufacturing, reported a turnover of Rs. 3,505.98 lacs, up 11.05% from Rs. 3,157.05 lacs in the previous year. However, profit after tax fell sharply by 47.98% to Rs. 42.55 lacs (from Rs. 81.79 lacs), and profit before depreciation and tax dropped to Rs. 147.83 lacs from Rs. 189.59 lacs. The Board has not recommended any dividend, choosing to conserve resources. The AGM is scheduled for September 30, 2025, and includes proposals to appoint two new Independent Directors, reappoint the Managing Director and Whole-Time Director, and appoint the Secretarial Auditor for a five-year term.
Shareholders should note the worrying divergence between revenue growth (up 11%) and profit decline (down 48%), suggesting margin pressure and higher depreciation costs. No dividend means no income return, but the company is strengthening its board with new independent directors ahead of the AGM.