Kundan Minerals and Metals Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Kundan Minerals & Metals has announced a board meeting approving the financial results for the quarter and half-year. Consolidated net profit after tax surged to Rs 152.37 Cr, reversing last year’s loss, on revenue of Rs 267.91 Cr. The company expanded by acquiring 100% of Kundan Concentrates Pvt Ltd for Rs 31.09 Cr and 49% of Kundan Gold Mines Pvt Ltd. It also established a foreign subsidiary in Dubai, with fund transfer pending. Auditors gave a clean opinion, highlighting stronger operations and strategic growth.