GKW Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2025.
GKWLIMITED · price
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GKW Limited's board approved audited financial results for Q4 and full year ended March 31, 2025, along with an unmodified opinion from statutory auditor Haribhakti & Co. LLP. Revenue from operations fell to Rs. 3,278 lakhs from Rs. 3,877 lakhs in FY24, a decline of about 15.4%. The company swung to a net loss of Rs. 1,846.90 lakhs in FY25, compared to a profit of Rs. 1,385.15 lakhs in FY24, largely driven by one-time expenses including Rs. 1,630 lakhs for dispute resolution and Rs. 1,612 lakhs in JDA-related legal and brokerage charges. Total comprehensive income was Rs. 21,292 lakhs boosted by a Rs. 7,074 lakh revaluation gain on freehold land at Howrah. The board also re-appointed two independent directors for a second 5-year term and appointed MKB & Associates as Secretarial Auditor for FY26-FY30.
The core business posted a full-year loss after two large one-time charges, which is negative for shareholders despite the strong book value backed by land and investment property. Q4 alone returned to a profit of Rs. 380 lakhs, suggesting underlying operations may be stabilizing, but the weak annual earnings print is likely to weigh on the stock in the short term.