Krsnaa Diagnostics Limited has informed the Exchange regarding Outcome of Board Meeting held on May 12, 2025.
KRSNAA · price
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Awaiting price reaction for this filing.
Krsnaa Diagnostics reported audited consolidated revenue from operations of INR 7,171.60 million for FY25, up about 15.7% from INR 6,196.33 million in FY24. Consolidated net profit for the year rose around 36.5% to INR 776.08 million from INR 568.37 million, while standalone net profit grew about 41.4% to INR 828.08 million. For Q4 FY25, standalone revenue grew to INR 1,746.53 million with a profit of INR 210.65 million. The auditor (MSKA & Associates) issued an unmodified opinion on both standalone and consolidated results. The Board recommended a final dividend of INR 2.75 per share (55% of face value), subject to shareholder approval. The auditor also drew attention to an income tax demand of INR 513.86 million across assessment years 2017-18 and 2020-21 to 2023-24, which the company is contesting in appeal; INR 39.27 million has been paid under protest and management expects no material impact.
Strong FY25 earnings growth, with profit rising over a third year-on-year, should be viewed positively by investors, while the recommended final dividend signals steady shareholder returns. However, the ongoing INR 513.86 million tax dispute remains a key overhang to watch, even though the company expects no material impact from the appeals.