3P Land Holdings Limited has informed the Exchange regarding Board meeting held on May 10, 2025. Outcome of Board Meeting
3PLAND · price
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Awaiting price reaction for this filing.
3P Land Holdings reported audited financial results for the quarter and year ended March 31, 2025. Total revenue from operations grew about 26% year-on-year to ₹447.26 lakhs (from ₹355.76 lakhs), driven by higher dividend income and sale of services. Profit after tax rose to ₹209.02 lakhs from ₹180.79 lakhs (up ~16%), while EPS improved to ₹1.16 from ₹1.00. The Board did not recommend any dividend for FY2024-25. Additionally, Mr. Romie Shivhari Halan was re-appointed as Non-Executive Independent Director for another 5 years, and M/s Parikh & Associates was appointed as Secretarial Auditor for a 5-year term starting FY2025-26. The statutory auditor (J M Agrawal & Co.) issued an unmodified opinion on the financial statements.
Strong revenue growth in FY25 is a positive signal, though the absence of a dividend may disappoint income-focused shareholders. Net worth expanded significantly to ₹13,773 lakhs (standalone) driven by fair value gains on equity investments, which should be supportive of the stock price over the medium term.