Kridhan Infra Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
KRIDHANINF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Kridhan Infra Limited reported audited FY25 results showing a standalone net profit of ₹7,231.81 lakhs compared to a loss of ₹2,499.46 lakhs in FY24, with EPS of ₹7.63 vs ₹(2.64). However, the profit is almost entirely driven by an exceptional item of ₹7,207.33 lakhs from reversals of earlier provisions for trade receivables, loans and corporate guarantees. Core operations are weak: revenue from operations grew to ₹257.67 lakhs from ₹84.50 lakhs, but operating profit before exceptional items fell sharply to ₹24.48 lakhs from ₹76.46 lakhs, while finance costs surged to ₹174.12 lakhs from ₹7.35 lakhs. The company's net worth is fully eroded at ₹(28,146) lakhs on a standalone basis. The auditor (B.R. Kotecha & Co.) issued a qualified opinion citing the going concern assumption, accumulated losses, fully eroded net worth and past defaults in working capital borrowings. A One-Time Settlement with a lender has been completed, and the company plans a preferential allotment of equity/warrants to shore up capital.
The headline profit turnaround is misleading as it stems from accounting write-backs rather than operational performance, and the deeply negative net worth along with a qualified audit opinion and going concern flag signal serious financial weakness. Existing shareholders face significant dilution risk from the proposed preferential allotment, and the stock is likely to remain under pressure despite the optical swing to profit.