Consideration and approval of annual audited accounts for the year ended 31.03.2025
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Kinetic Trust Limited's board approved audited standalone financial results for FY25 on 28 May 2025, with the auditor (M/s Sunita Agrawal & Co.) issuing an unmodified (clean) opinion and no separate key audit matters reported. Total revenue from operations rose sharply to ₹118.24 lakhs in FY25 from ₹48.30 lakhs in FY24, while profit after tax nearly doubled to ₹18.21 lakhs from ₹9.19 lakhs, taking basic EPS to ₹0.54 (vs ₹0.27). The company is an NBFC registered with the RBI, and total assets grew to ₹2,039.19 lakhs driven mainly by loans (₹1,805.17 lakhs) and borrowings (₹1,530.04 lakhs). The auditor flagged that the company's Net Owned Fund stood at ₹4.02 crores against the ₹5 crore minimum required for NBFCs, as the company is under a takeover process and cannot raise capital; this has been disclosed to the RBI and SEBI. No dividend was declared and there was no change in auditor during the year.
Strong top-line and bottom-line growth with a clean audit opinion is positive for shareholders, but the NBFC regulatory NOF shortfall (₹4.02 cr vs ₹5 cr required) due to an ongoing takeover could be an overhang and may need monitoring for any RBI action.