We hereby submitting audited financial results 31-03-2025
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Kovilpatti Lakshmi Roller Flour Mills posted FY25 revenue from operations of Rs 42,659 lakhs, up about 3.8% from Rs 41,091 lakhs in FY24, with total income rising to Rs 42,880 lakhs. However, profit after tax collapsed to just Rs 115 lakhs from Rs 780 lakhs a year earlier, a sharp drop of roughly 85%. The weakness was concentrated in the first nine months, which actually reported a loss of about Rs 113 lakhs; the company recovered in Q4 FY25 to post a quarterly PAT of Rs 208 lakhs versus Rs 178 lakhs in Q4 FY24. Finance costs (Rs 854 lakhs) and depreciation (Rs 680 lakhs) remained heavy, squeezing operating margins. The statutory auditor issued an unmodified opinion on the results. The Board has recommended a dividend of Rs 0.50 per share (face value Rs 10), approved the sale of about 8 acres of unused land at Gangaikondan to a related party (Arva Storage Solutions Pvt Ltd) at arm's length price, and appointed Sri Raj Kumar Agarwal as Whole-time Director (Executive Director) for three years effective 1 July 2025.
The steep fall in profits despite only modest revenue growth points to real margin pressure and is likely to be viewed negatively by shareholders. The small dividend and the related-party land sale will be items to watch, though the latter is described as non-material and at arm's length.