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Dear Members,
Your Directors present the Thirty Fourth Annual Report, together with the Audited
Statements of Account for the financial year ended March 31, 2025.
1. FINANCIAL RESULTS
During the year under review the Company has achieved the following financial results:
(Rs.in lakhs)
| Particulars |
31.03.2025 |
31.03.2024 |
| Revenue from operations |
1321.55 |
1166.17 |
| Other Income |
7.43 |
10.60 |
| Profit / (Loss) before Financial Charges, Depreciation, Taxation and Prior Period
items |
179.67 |
113.33 |
| Less: Depreciation |
25.27 |
24.36 |
| Less: Finance Costs |
12.88 |
25.55 |
| Profit /(Loss) before Taxation and Prior Period items |
141.52 |
63.42 |
| Profit /(Loss) for the year |
141.52 |
63.42 |
| Less: Tax Expenses |
36.83 |
0.00 |
| Less: Other item of other Comprehensive Income |
(5.48) |
(0.98) |
| Net Profit/(Loss) for the year |
99.21 |
62.44 |
| Balance of Profit/(Loss) brought forward from last year |
(721.70) |
(784.14) |
| Profit/(Loss) Carried forward to Balance sheet |
(622.49) |
(721.70) |
2. OVERVIEW OF COMPANY PERFORMANCE:
During the year under review sales has registered an increase of 13.32% compared to
previous year. The profit has increased due to increase in turnover and decrease in
Finance Costs and Direct Expenses.
31. STATUTORY INFORMATION
The information on conservation of energy, technology absorption and foreign exchange
earnings and outgo pursuant to Section 134 (3)(m) of the Companies Act, 2013, read with
Rule 8(3) of the Companies (Accounts) Rules, 2014 is given in Annexure-E , which
forms part of this Report.
There were no employees employed throughout the year who were in receipt of
remuneration of Rs.1.02 Crore per annum or more. There were no employees employed for part
of the year who were in receipt of remuneration of Rs.8.50 Lakhs per month or more. During
the year under review the Company had 56 employees.
The information required under Section 197(12) of the Companies Act, 2013 read with
Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and forming
part of the Directors' Report for the year ended March 31, 2025 is given in Annexure-F to
this Report.
32. ACKNOWLEDGEMENTS:
Your Directors wish to place on record their appreciation, for the contribution made by
the employees at all levels, but for whose hard work and support, your Company's
achievements would not have been possible. Your Directors also wish to thank its Members,
Government Authorities, Banks, Customers and Vendors for their sustained support to the
Company.
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By the Order of the Board |
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Suresh Shastry |
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Chairman & Managing Director |
| Place: Bangalore |
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| Date: 07 May 2025 |
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