Knowledge Marine & Engineering Works Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting
30-05-2025 | 09:04 pm
30-05-2025 | 09:04 pm
Knowledge Marine & Engineering Works Limited has announced a board meeting on May 30, 2025, approving consolidated financial results for FY25. Revenue stood at Rs. 200.71 Cr, with net profit surging to Rs. 49.60 Cr from Rs. 30.53 Cr last year. EBITDA climbed to Rs. 83.42 Cr, backed by strong growth in India and steady operations in Myanmar and Bahrain. The board approved acquiring full control of Indian Ports Dredging Pvt Ltd and Knowledge Infra Ports Pvt Ltd, and took a 50% stake in Kamal Marine & Engineering Works Pvt Ltd, now an associate. NAV rose to Rs. 206.65 Cr amid increased asset base and borrowings.
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