Annual Report For the Financial Year 2025
Awaiting price reaction for this filing.
Kundan Minerals and Metals Ltd has submitted its Annual Report for FY 2024-25, showing a dramatic turnaround after emerging from insolvency under the Pardeep Garg Family Trust. Standalone revenue jumped from Rs 1.11 lakhs to Rs 3,95,608.55 lakhs, while profit after tax swung from a loss of Rs 5,273.87 lakhs to a profit of Rs 12,579.79 lakhs. Consolidated revenue rose to Rs 4,27,743.93 lakhs with PAT of Rs 12,793.54 lakhs, and EPS came in at Rs 20.80 versus a loss of Rs 8.72 in the prior year. The Board has not recommended any dividend, opting to retain earnings for future growth. The 58th AGM is scheduled for September 22, 2025, via video conferencing, and includes the appointment of new secretarial auditors for a five-year term.
Shareholders are seeing a near-total business revival with revenue and profits scaling massively year-on-year, though the jump is largely a post-resolution plan rebound from a near-zero base. Retention of profits signals reinvestment-focused growth plans, which may support long-term value but offers no near-term dividend income.