Shreenath Paper Products Announces 14th AGM, Reports Decline in FY 2024-25 Revenue
Shreenath Paper Products Ltd has announced its 14th Annual General Meeting (AGM) for September 11, 2025, to be held virtually. The company's financial results for FY 2024-25 show a significant decline, with total income decreasing by 44.07% to Rs 1,060.81 crore from Rs 1,896.68 crore in the previous year. Profit After Tax also fell by 34.06% to Rs 28.89 crore. The AGM agenda includes adopting financial statements, re-appointing a director, appointing secretarial auditors, and approving related party transactions. The company's shares are listed on the BSE SME platform since March 5, 2025.
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Shreenath Paper Products Ltd has scheduled its 14th Annual General Meeting (AGM) for September 11, 2025, to be conducted virtually through video conferencing. The company has also released its financial results for the fiscal year 2024-25, revealing a significant decrease in total income compared to the previous year.
Financial Performance
For the financial year 2024-25, Shreenath Paper Products reported:
| Metric | FY 2024-25 | FY 2023-24 | Year-over-Year Change |
|---|---|---|---|
| Total Income | Rs 1,060.81 crore | Rs 1,896.68 crore | -44.07% |
| Profit After Tax | Rs 28.89 crore | Rs 43.81 crore | -34.06% |
Annual General Meeting Details
The 14th AGM is set for September 11, 2025, and will be held virtually. Key agenda items for the meeting include:
- Adoption of audited financial statements for FY 2024-25
- Re-appointment of director Aditya Narayandas Daultabadkar
- Appointment of D Maurya & Associates as Secretarial Auditors for five years
- Approval of material related party transactions with M/s Sunrise International worth up to Rs 40 crore
Corporate Actions
The company has dispatched the Annual Report for FY 2024-25 and AGM Notice to shareholders electronically. Shreenath Paper Products' shares are listed on the BSE SME platform, having been admitted to trading on March 5, 2025.
Financial Implications
The significant decline in revenue and profit indicates challenging market conditions for Shreenath Paper Products during the 2024-25 fiscal year. Shareholders may seek more information about the factors contributing to this performance and the company's strategies to address these challenges at the upcoming AGM.
Historical Stock Returns for Shreenath Paper Products
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.49% | +0.99% | -9.93% | +18.26% | -39.00% | -39.00% |
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