Kinetic Engineering Ltd — Results, 13-05-2025: Integrated Filing

Kinetic Engineering Limited has announced a board meeting to approve the financial results for the quarter and half-year. The consolidated results incorporate its subsidiary, Kinetic Watts & Volts Limited, reflecting a net profit of Rs. 23.41 lakhs for the quarter, with earnings per share at Rs. 0.28 (basic). The standalone net profit for the quarter was Rs. 23.41 lakhs with earnings per share at Rs. 0.37 (basic). The company raised Rs. 56.71 Cr through preferential convertible warrant issues, fully compliant with its intended use—primarily towards redeeming preference shares and settling overdue liabilities. No deviation in fund utilization was noted. Related party transactions included sales and services totaling approximately Rs. 12.58 Cr, with all material dealings approved by the audit committee. The statutory auditors issued an unmodified opinion on financial statements, affirming sound financial controls and going concern status.