Colab Platforms Reports 3006% Revenue Growth in FY 2024-25; AGM Scheduled for September 27

1 min read     Updated on 06 Sept 2025, 10:45 AM
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Overview

Colab Platforms Limited has scheduled its 36th Annual General Meeting for September 27, 2025, via video conferencing. The company reported impressive financial results for FY 2024-25, with total revenue increasing by 3006% to ₹70.05 crores and net profit rising by 60.40% to ₹2.86 crores. Key agenda items include the adoption of financial statements, re-appointment of Mr. Amardeep Singh as Director, confirmation of two interim dividends of ₹0.01 per equity share each, and appointment of M/s. Megha Khandelwal & Associates as Secretarial Auditor for five years. E-voting for the AGM will be available from September 24-26, 2025.

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*this image is generated using AI for illustrative purposes only.

Colab Platforms Limited (formerly known as Colab Cloud Platforms Limited) has announced its 36th Annual General Meeting (AGM) to be held on September 27, 2025, at 11:00 AM through video conferencing. The company has reported significant financial growth for the fiscal year 2024-25.

Financial Highlights

Metric FY 2024-25 FY 2023-24 Growth
Total Revenue ₹70.05 crores ₹2.25 crores 3006.00%
Net Profit ₹2.86 crores ₹1.78 crores 60.40%
Earnings Per Share (EPS) ₹0.28 ₹0.18 60.00%

Key AGM Agenda Items

  1. Adoption of standalone and consolidated financial statements for FY 2024-25
  2. Re-appointment of Mr. Amardeep Singh as a Director
  3. Confirmation of two interim dividends of ₹0.01 per equity share each
  4. Appointment of M/s. Megha Khandelwal & Associates as Secretarial Auditor for a five-year term

Dividend Information

The Board of Directors has declared two interim dividends during the year:

  • First interim dividend of ₹0.01 per equity share (face value ₹2) paid on May 16, 2025
  • Second interim dividend of ₹0.01 per equity share (face value ₹1) to be paid by September 11, 2025

E-voting Details

  • Cut-off date for e-voting eligibility: September 20, 2025
  • Remote e-voting period: September 24-26, 2025

Board Changes

Mr. Amardeep Singh, who retires by rotation, is seeking re-appointment as a Director. Mr. Singh brings over two decades of experience across various domains, including technical software product design, supply chain management, sports management, and film production.

Auditor Appointment

The company proposes to appoint M/s. Megha Khandelwal & Associates as Secretarial Auditor for a period of five years, subject to shareholder approval at the AGM.

Colab Platforms Limited has demonstrated remarkable growth in FY 2024-25, with a substantial increase in revenue and profitability. Shareholders are encouraged to participate in the virtual AGM and exercise their voting rights on the proposed resolutions.

Historical Stock Returns for Colab Platforms

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+1.99%+10.37%+51.35%+158.55%+2,025.00%+13,712.50%
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Colab Platforms Enters Esports Arena with New Division and Website

1 min read     Updated on 01 Sept 2025, 06:07 AM
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Reviewed by
Suketu GalaScanX News Team
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Overview

Colab Platforms has entered the esports industry by launching a dedicated esports division and unveiling a new website at www.colabesports.in. This strategic move aligns with India's aspirations for Olympic gaming participation and positions the company to capitalize on the growing esports market in the country.

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*this image is generated using AI for illustrative purposes only.

Colab Platforms , a growing player in the digital space, has made a strategic move into the burgeoning esports industry. The company recently announced the launch of its dedicated esports division, marking a significant expansion of its business portfolio.

New Esports Website Unveiled

As part of this initiative, Colab Platforms has introduced a new website specifically for its esports endeavors. The website, accessible at www.colabesports.in , is expected to serve as a central hub for the company's esports-related activities and information.

Timing Aligns with India's Olympic Gaming Aspirations

The company's entry into the esports sector comes at a pivotal time for the industry in India. The country is positioning itself for potential participation in Olympic gaming events, reflecting the growing global recognition of esports as a legitimate competitive field.

Implications for Colab Platforms

This move into esports could represent a significant opportunity for Colab Platforms to capitalize on the rapidly growing gaming and esports market in India. As the industry continues to evolve and gain mainstream acceptance, companies with established presence in the sector may be well-positioned to benefit from its growth.

The launch of the esports division demonstrates Colab Platforms' commitment to diversifying its offerings and tapping into new digital entertainment markets. As the esports landscape in India continues to develop, particularly with the potential for Olympic inclusion, it will be interesting to observe how Colab Platforms leverages this new division to drive growth and engagement in the competitive gaming space.

Historical Stock Returns for Colab Platforms

1 Day5 Days1 Month6 Months1 Year5 Years
+1.99%+10.37%+51.35%+158.55%+2,025.00%+13,712.50%
Colab Platforms
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