ALPHA TRIBE

KIC Metaliks LtdOthers, 30-07-2025: Others

30-07-2025 | 11:15 pm

KIC Metaliks announced its Annual General Meeting on August 22, 2025, to adopt the annual financial results for FY25. The company reported a revenue of ₹717.23 Cr and an EBITDA of ₹13.62 Cr, resulting in a net loss of ₹6.09 Cr due to market challenges and a Mini Blast Furnace shutdown for rectification. Despite this, KIC Metaliks significantly reduced long-term borrowings to ₹1.87 Cr from ₹10.52 Cr and reported ₹5.46 Cr in capital expenditure. Key personnel, including the Chairman & Managing Director and Director (Finance) & CFO, are up for re-appointment. The focus remains on operational efficiency and strengthening the balance sheet for recovery.

No comments yet. Be the first to comment!

All announcements from KIC Metaliks Ltd