CLN Energy Ltd — Board Meeting, 29-05-2025: Board Meeting

CLN Energy Limited has announced a board meeting on which it approved the financial results for the quarter and half-year. The company reported revenue from operations of Rs. 219.18 Cr for the year ended March 31, 2025, up from Rs. 132.71 Cr the previous year. Net profit stood at Rs. 12.92 Cr versus Rs. 9.40 Cr previously. Earnings per share were Rs. 15.87. The company utilized Rs. 68 Cr net proceeds from its recent IPO primarily for machinery purchase, working capital, and corporate expenses. It also issued bonus shares at a 1:1.25 ratio during the year. The auditor has given an unmodified opinion on the financials. Total equity increased to Rs. 94.49 Cr, while borrowings rose to Rs. 15.82 Cr. The cash balance nearly doubled to Rs. 7.80 Cr. This signals steady growth and improved financial health post-IPO for shareholders.