Kamanwala Housing Construction Ltd — Updates, 30-05-2025: Company Update
Kamanwala Housing Construction Limited has announced a board meeting on May 30, 2025, where it approved the financial results for the quarter and half-year ended March 31, 2025. The company reported consolidated revenue at Rs. 67.82 Cr and net profit of Rs. 45.53 Cr for the year, reversing losses from the previous year. The audit report carried a qualified opinion due to Rs. 2.12 Cr interest receivable balances lacking direct confirmation from parties, though management is working to resolve this. Key re-appointments include the Managing Director Atul Jain and several auditors. The AGM is scheduled for August 30, 2025, via video conferencing. This turnaround signals improving operational performance and governance continuity, relevant for shareholders assessing future prospects.
