Abhijit Trading Company Ltd — Others, 01-08-2025: Others

Abhijit Trading Co. Ltd. has submitted its Annual Report for FY25, with the upcoming Annual General Meeting set to consider the results and director appointments. The company reported a net profit of ₹0.30 Cr, significantly up from ₹0.03 Cr last year. Notably, borrowings surged to ₹3,116.20 Cr from ₹814.17 Cr, while investments jumped to ₹2,977.48 Cr from ₹423.98 Cr. Auditors highlighted that financial statements do not comply with Indian Accounting Standards and no audit trail software was maintained. They also noted the company needs RBI registration. A significant portion of loans to associates were converted into equity due to financial difficulties.