BOARD MEETING FOR DECLARATION OF FINANCIAL RESULTS 31ST MARCH ,2025
Awaiting price reaction for this filing.
Kratos Energy & Infrastructure Ltd's Board approved audited standalone financial results for the quarter and year ended 31 March 2025 on 21 May 2025. The company reported negligible total income of just Rs 0.25 lakhs for FY25, almost identical to the prior year. Total expenses of Rs 95.64 lakhs led to a pre-exceptional loss of Rs 95.64 lakhs. After factoring in a large exceptional item charge of Rs 577 lakhs, the net loss for FY25 ballooned to Rs 672.89 lakhs versus Rs 95 lakhs in FY24. Basic EPS turned more negative at Rs (67.29) against Rs (9.50) previously. The filing also confirms the company is under a Pre-Packaged Insolvency Resolution Process (PPIRP) at NCLT Mumbai, with a resolution plan submitted by strategic investor Lord's Mark Industries Limited approved by the Committee of Creditors and awaiting NCLT approval.
Shareholders face a sharply wider FY25 loss driven by a sizeable exceptional charge, and the stock remains overshadowed by the ongoing insolvency resolution process. The outcome of the pending NCLT approval of the Lord's Mark-led resolution plan will be the key determinant of any future revival or restructuring value.