Latteys Industries Limited — Others, 19-08-2025: Shareholders meeting

Latteys Industries reported strong FY25 performance, with revenue up 26% to ₹80.27 Cr and net profit growing 21% to ₹1.81 Cr, driven by strong demand for solar and submersible pumps. The company plans national and international expansion, backed by an increased authorized share capital of ₹25.00 Cr. It notably strengthened its balance sheet, reducing the debt-to-equity ratio by over 50% to 0.43. The company also shifted to Straight Line depreciation for assets. While some procedural compliance delays were noted by the Secretarial Auditor, management is taking corrective steps. No dividend was declared to conserve resources.