Dear Shareholders,
 Looking back on the year, I am filled with a deep sense of pride in how far we've come. Your company's performance has not only reaffirmed its commitment to operational excellence but also demonstrated its ability to generate sustained value measured not just in financial terms, but through the impact we create for all stakeholders.
In FY2024-25, your company recorded a total income of ₹140.47 crore and a profit after tax of 379.31 crore. This strong performance was primarily driven by robust growth in the consultancy segment, which accounted for 89% of the operating revenue.
This growth was underpinned by the facilitation of new Power Purchase Agreements (PPAs) for Indian Railways and the seamless integration of newly commissioned Traction Substations under the 'open access' policy. Through this policy, the company facilitated the procurement of 18.63 Billion Units (BUs) of energy during FY2024-25, up from 17.14 BUs in the previous year. In addition, your company supported Indian Railways through a smooth transition to the technically complex, newly introduced 'General Network Access (GNA)' regime. ,your company supported Indian Railways through a smooth transition to the technically complex, newly introduced 'General Network Access (GNA)' regime.’.
Your company continues to play a pivotal role in Indian Railways' journey towards becoming a Net Zero Carbon Emitter by 2030. As part of this mission, we are facilitating Indian Railways in preparing its Greenhouse Gas (GHG) Inventory, verification processes, and a comprehensive roadmap to achieve Net Zero for Scope 1 and Scope 2 emissions. To strengthen this initiative, IIT-Delhi has been onboarded as our knowledge partner.  In a significant step towards sustainability, your company enabled the procurement of 2.08 Billion Units (BUs) of green energy this year. It also facilitated tie-ups for 2,892 MW of renewable power sourced from standalone solar projects in Madhya Pradesh, Uttar Pradesh, Chhattisgarh, Karnataka, and Haryana, and wind power from Maharashtra, Rajasthan, and Karnataka. Notably, this includes the tie-up of 1,600 MW of renewable energy under the innovative Round-the-Clock (RTC) mode, ensuring uninterrupted 24x7 green power supply to the Railways - making it one of the first in the country to adopt such a model.n.

In recognition of the company's performance, the Board of Directors has recommended a final dividend of 71.67 per share, in addition to the interim dividends of 75.80 per share already paid. This brings the total dividend for FY2024-25 to 77.47 per share amounting to $78.43 crore and reflecting an impressive payout ratio of 98.9%.
Your company remains fully committed to the principles of good Corporate Governance. We uphold the highest standards of transparency, accountability, and integrity in everything we do. As a responsible corporate citizen, the company spent 7177.12 lakh on various CSR activities in FY2024-25, reaffirming its dedication to social welfare and nation-building.
None of these achievements would have been possible without the unwavering support and guidance of our parent ministry, the Ministry of Railways and the continued trust and cooperation of our valued stakeholders. We remain truly grateful for your confidence in us.
As the power sector continues to evolve, every challenge we face has only fuelled our momentum and sharpened our edge. With agility, adaptability, and a focus on our core strengths, your company is poised to deliver consistent, inclusive, and sustainable growth. As we move forward, we do so with renewed confidence, unwavering commitment, and above all with 'Boundless Energy'.

                                                                                                                                                                     With Best Wishes   (Rahul Mithal)
                                                                                                                                                                           DIN: 07610499 Chairman
REMC LIMITED