Disclosure under Regulation 30(LODR)-Newspaper Publication
Awaiting price reaction for this filing.
Kundan Minerals and Metals Ltd has published its unaudited financial results for the quarter and half-year ended September 30, 2025 in Morning India (English) and Sanmarg (Hindi) newspapers, in line with SEBI Listing Regulations. For Q2 FY26, the company reported total revenue of Rs 3,424.58 lakhs (down from Rs 4,613.58 lakhs in Q2 FY25) and a net loss of Rs 1,139.25 lakhs versus a profit in the prior-year quarter. For H1 FY26, revenue stood at Rs 18,767.85 lakhs with a net loss of Rs 611.05 lakhs and an EPS of Rs (0.99). The company operates in a single segment — precious metals and related products — and noted its prior acquisitions of Kundan Concentrates (100%) and a 49% stake in Kundan Gold Mines, plus a 70% stake in Kundan Venture FZCO.
Shareholders should note the sharp swing to losses in Q2 FY26 with revenue also declining year-on-year, which is likely to weigh on sentiment and could pressure the stock in the near term.