Kundan Edifice Limited — Results, 20-12-2024: Reply to Clarification- Financial results

**Kundan Edifice Limited Financial Summary**

Kundan Edifice Limited reported unaudited financial results for the half year ended September 30, 2024. Total revenue from operations stood at ₹47.89 crore, reflecting a growth of approximately 11.77% compared to ₹42.83 crore in the previous half-year, driven by increased demand and a stronger market presence.

Net profit for the period was ₹3.60 crore, a notable recovery from a loss of ₹0.31 crore in the same period last year. The Earnings Per Share (EPS) improved to ₹3.51, compared to a negative EPS of ₹0.34 previously. This turnaround can be attributed to better cost management and increased sales volumes.

Operational costs saw a slight increase of 0.5%, mainly due to higher employee benefit expenses which rose in line with business expansion efforts. The company effectively managed other costs, including finance expenses, which decreased, contributing positively to the profitability.

On the balance sheet, total assets increased to ₹788.54 crore, up from ₹580.16 crore as of March 31, 2024, indicating improved liquidity and a solid asset base for future growth. Cash flow from operations was positive at ₹2.86 crore, supporting the company's funding strategy for ongoing projects.

The strategic focus remains on enhancing operational efficiency and expanding market reach. With a stable financial performance and a solid outlook, the sentiment appears favorable for investors to consider a buy or hold position in Kundan Edifice Limited.