TCM Ltd — Updates, 30-05-2025: Company Update

TCM Limited has announced a board meeting outcome approving the financial results for the quarter and half-year, with the auditor's report issuing an unmodified opinion. They appointed JKM Associates as Secretarial Auditors for FY 2024-25 and Jomy Saimon and Associates as Internal Auditors for FY 2025-26. The company recorded standalone revenue of ₹24.73 Cr, down from ₹31.65 Cr, with a profit before tax of ₹3.12 Cr versus a marginal ₹0.24 Cr previously. Profit after tax stood at ₹3.15 Cr, supported by a ₹5.76 EPS for the year. Real estate and trading remain key revenue drivers. A portion of commercial property was reclassified as investment property following a decision to lease it out, indicating focus on rental income. The group’s consolidated results reflect similar trends, with segment diversification across trading, manufacturing, educational, and real estate businesses. A land sale in Tamil Nadu resulted in a loss, while a refundable project advance was partly returned, impacting income positively. Financial controls remain adequate with no adverse audit comments, signaling stable governance.