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Kernex Microsystems (India) LimitedResults, 13-02-2025: Integrated Filing- Financial

13-02-2025 | 11:19 am

Kernex Microsystems (India) Ltd has announced a board meeting to discuss the un-audited financial results for the quarter and half-year ended December 31, 2024. The company reported a revenue from operations of ₹3,680.80 crore and a profit of ₹713.51 crore for the quarter. Notably, the company faced challenges reflected in the net loss of ₹1,543.97 crore due to impairment not being recognized in its financial statements for its subsidiaries. Investors may view this as a potential risk, given the ongoing issues with asset recoverability, impacting confidence in financial stability and future growth prospects.

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