This is to inform that, the Board of Directors of the Company, at their meeting held on May 29, 2025 i.e today, considered and approved the Audited Financial Results (Standalone and Consolidated) ....
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The Board of Directors of Kranti Industries met on May 29, 2025 and approved the Audited Financial Results (Standalone and Consolidated) for the fourth quarter and full financial year ended March 31, 2025. Statutory auditor G M C S & Co. issued an unmodified audit opinion on the results, with no qualifications or adverse remarks. On a standalone basis, revenue from operations declined to Rs 7,221.19 lakh (from Rs 8,333.14 lakh a year ago), and the company swung into a net loss of Rs 75.39 lakh versus a profit of Rs 111.04 lakh in FY24. On a consolidated basis (including 55% subsidiary Preciso Metall Pvt Ltd), revenue fell to Rs 7,848.56 lakh and net loss widened sharply to Rs 308.41 lakh (vs. Rs 7.60 lakh profit in FY24). Operating cash flow on a standalone basis remained negative at Rs (40.77) lakh, though significantly improved from Rs (235.65) lakh in FY24. Prior year figures were restated to reflect the merger of wholly-owned subsidiary Wonder Precision Pvt Ltd with the company, effective April 1, 2023.
FY25 was a weak year for Kranti Industries, with revenue contraction and a swing to losses on both standalone and consolidated bases. Despite the unmodified audit opinion and improved operating cash flow, the deterioration in profitability is a negative signal for shareholders and may weigh on short-term sentiment toward the stock.