Kinetic Engineering Ltd — Board Meeting, 13-05-2025: Board Meeting
13-05-2025 | 03:31 pm
13-05-2025 | 03:31 pm
Kinetic Engineering Limited has announced a board meeting outcome approving the audited consolidated and standalone financial results for the quarter and year ended March 31, 2025. The company posted consolidated revenue from operations of Rs. 155.27 Cr and a net profit of Rs. 23.41 Cr for the year. Standalone revenue stood at Rs. 154.97 Cr with a net profit of Rs. 23.41 Cr. The company converted 80,000 preference shares into equity and redeemed preference shares worth Rs. 19.63 Cr funded through warrant proceeds. Other income includes profits from the sale of non-core assets. Robust cash flow and effective management of borrowings were noted, reflecting operational stability.
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