Submission of copies of Newspaper Publications
Price
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Awaiting price reaction for this filing.
Kovalam Investment and Trading Company has filed copies of newspaper advertisements published in The Pioneer (English) and Desh Sewak (Punjabi) containing its audited financial results for the quarter and full year ended March 31, 2025, as required under SEBI listing rules. For FY25, total income from operations stood at Rs. 216.77 lakhs, down from Rs. 361 lakhs in FY24, while net profit after tax fell to Rs. 164.49 lakhs from Rs. 305.15 lakhs — a decline of roughly 46% year-on-year. The March 2025 quarter swung to a loss of Rs. 74.56 lakhs after tax, compared to a profit of Rs. 55.12 lakhs in the same quarter last year. The Board also noted that, since the company strictly earns NBFC income, it has decided to demerge its Investments Segment into a separate entity.
Shareholders should note a clear slowdown — both full-year profits and quarterly earnings have dropped sharply, with the March quarter turning into a loss. The proposed demerger of the investments segment is a significant structural change that could reshape the company's future profile, though no immediate price catalyst is apparent from this routine compliance filing.