BOARD MEETING FOR FINANCIAL RESULTS 31032025
Awaiting price reaction for this filing.
Kratos Energy & Infrastructure Ltd submitted its audited Q4 and full-year FY25 standalone results to BSE. The company reported negligible total income of Rs 0.05 lakh against total expenses of Rs 95.64 lakhs for FY25, resulting in a pre-exceptional loss of about Rs 95.64 lakhs and a net loss of roughly Rs 672.89 lakhs after factoring in exceptional items of Rs 577 lakhs (linked to the old SEBI settlement). EPS was deeply negative at around Rs (67.29) for the year. The auditor (H.G. Sarvaiya & Co.) issued a clean, unqualified opinion. The company continues to operate under the Corporate Insolvency Resolution Process (CIRP) initiated at NCLT Mumbai in September 2023, with the resolution plan submitted by strategic investor Lord's Mark Industries Ltd pending final approval. The earlier SEBI demand of Rs 6.08 crore has been fully settled and a no-dues certificate received in December 2024.
For shareholders: this is a near-shell company under IBC resolution with virtually no operating revenue; the fate of the stock depends on NCLT approval of the Lord's Mark Industries resolution plan, making it a high-risk, event-driven situation rather than an operating business play.