Newspaper publication of Audited financial Results of the Company for the financial year ended March 31, 2025
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KIC Metaliks Ltd has published its audited financial results for the financial year ended March 31, 2025 in Business Standard (English) and Arthik Lipi (Bengali) newspapers on May 22, 2025, as required under SEBI listing rules. The company reported total revenue from operations of Rs. 71,723.22 lakhs for FY25, down about 16% from Rs. 85,418.42 lakhs in FY24. It swung to a net loss of Rs. 609.36 lakhs in FY25 compared to a profit of Rs. 228.48 lakhs in FY24. The company noted that its Mini Blast Furnace (MBF) at the Durgapur plant was shut from February 6 to April 9, 2025 for rectification work and resumed operations on April 20, 2025, which likely affected production and profitability. EPS for FY25 stood at Rs. (1.72) versus Rs. 0.64 in FY24.
Shareholders should note the year-on-year decline in revenue and the swing from profit to loss, partly driven by a plant shutdown. The resumption of MBF operations in April 2025 may help recovery, but near-term sentiment is likely negative given weaker FY25 numbers.