GKW Limited has informed the Exchange regarding Change in Director(s) of the company.
GKWLIMITED · price
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Awaiting price reaction for this filing.
GKW Limited's board approved audited financial results for Q4 and FY ended March 31, 2025, with revenue from operations at Rs 3,278 lakhs (down from Rs 3,877 lakhs in FY24) and a net loss of Rs 1,847 lakhs versus a profit of Rs 1,385 lakhs last year, hit by Rs 1,612 lakhs in JDA-related professional charges and Rs 1,630 lakhs in dispute resolution costs. Total comprehensive income stayed positive at Rs 21,292 lakhs, lifted by a Rs 7,074 lakhs revaluation surplus on freehold land at Howrah. The board also re-appointed Independent Directors Mr. Kishor Shah and Mr. Mohit Bhuteria for a second 5-year term (Sept 2025–Sept 2030) and appointed MKB & Associates as Secretarial Auditors for FY26–FY30. Haribhakti & Co. LLP issued an unmodified audit opinion.
The swing from profit to loss in core operations is a red flag, though the large land revaluation surplus cushions book value. The re-appointments maintain board continuity, and the JDA with Mahindra Lifespace's subsidiary for the Bhandup land could be a key value driver going forward.