Kernex Microsystems (India) Limited — Board Meeting, 23-05-2025: Outcome of Board Meeting

Kernex Microsystems has announced a board meeting on May 23, 2025, where it approved the consolidated financial results for the quarter and financial year. The group reported consolidated revenue of ₹83.69 Cr and net profit of ₹32.58 Cr. Standalone profit slipped to ₹19.40 Cr due to impairments related to its US subsidiary and advances to a JV, which management expects to recover eventually. The board re-appointed Thirupathi & Associates as internal auditors, granted 1,200 ESOPs, and appointed Ms. Sreelakshmi Manthena as Managing Director for three years. No dividend was declared.