Incorporated in December 1995, Xerox India Limited is engaged in the business of trading xerographic equipment, multifunction devices, laser printers, systems, consumables, paper, and providing after-sales services of machines sold which include servicing, repairing, and selling spare parts. Xerox India reported a net loss of Rs 12.92 crore in the financial year 2020-21. The company was in the black in the previous fiscal as it reported a net profit of Rs 11.89 crore. The company's income from operations declined almost one-third or 31.5% to Rs 324.97 crore in the FY2020-21 as against total revenue of Rs 474.45 crore in the previous fiscal. The bottom line and the top line of the company have been bleeding heavily due to the financial crunch, thanks to the lockdowns and restrictions shutting the offices nationwide and those open, are working with limited capacity. The company is going to hold its 25th Annual General Meeting (AGM) on September 15, 2021, Wednesday at Grand Ball Room II, Radisson Gurugram Sohna Road City Center, Gurugram, Haryana, India, at 12.00 noon. The company board will meet to consider and approve the financial results for the financial year 2020-21 and restructure its board and take on other routine issues. Despite a one-fourth fall in the expenses to Rs 346.98 crore, the company could not report a profit in the financial year ended on March 31, 2021. The company had reported a net profit of Rs 14 crore in the year-ago period. The earning per share (EPS) of the company's shares, with a face value of Rs 10 each, turned negative to 2.87 below zero from a positive of 3.19 in the period under review. The company has been constantly giving a hefty dividend for the last five years. However, considering the grim conditions due to the coronavirus pandemic, it is proposed not to recommend a dividend for the financial year ended March 31, 2021. The Gurugram based company is a public limited entity, ultimately controlled by Xerox Holdings Corporation, USA. The primary offerings span three main areas- Managed Document Services, Workplace Solutions, and Graphic Communications. The company provides efficient and effective printing and workflow solutions to its customers. It supports them via workplace solutions and graphic communications products. The company has a strong product portfolio of Desktop Printer, Office Printers, Multifunction, ConnectKey Technology, Scanners, Office Softwares, Small and Medium Business, and App Gallery.