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Kinetic Engineering LtdResults, 13-05-2025: Result

13-05-2025 | 03:44 pm

Kinetic Engineering Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The consolidated net profit after tax was Rs. 23.41 Cr with earnings per share at Rs. 2.89 (basic). The company reported total income of Rs. 155.27 Cr for the year, including other income primarily from sale of non-core assets. Operating expenses included material consumption and employee costs, with a moderate finance cost. Preference shares of Rs.19.63 Cr were redeemed using proceeds from warrant issuance. The company continues to recognize deferred tax assets against carried forward losses. The standalone net profit after tax was Rs. 23.41 Cr with EPS of Rs. 3.03 (basic). No current tax was provided due to carried forward losses. Cash flow from operations remained positive, supported by efficient working capital management. The statutory auditor has issued an unmodified audit opinion.

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