Kundan Minerals and Metals Limited has informed the Exchange about copy of Newspaper Publication
Awaiting price reaction for this filing.
Kundan Minerals and Metals (formerly Eastern Sugar & Industries) has submitted to BSE and NSE copies of the newspaper publication of its audited consolidated financial results for the quarter and full year ended March 31, 2025, published on June 1, 2025 in Sanmarg and Morning India. The company reported total income from operations of Rs. 2,67,907.29 lakhs for Q4 FY25 and Rs. 4,27,743.93 lakhs for FY25. Net profit after tax swung to Rs. 12,793.54 lakhs in FY25 from a loss of Rs. 5,292.83 lakhs in FY24, with EPS of Rs. 211.5 vs Rs. (8.75) earlier. During the year, the company acquired 100% of Kundan Concentrates Pvt Ltd for Rs. 3,109.04 lakhs and a 49% stake in Kundan Gold Mines Pvt Ltd, and set up a Dubai subsidiary, Kundan Venture FZCO. The company operates in a single segment — precious metals and related products.
A sharp turnaround from a FY24 loss to a sizeable FY25 profit is positive for shareholders, though revenue and earnings spikes partly reflect the consolidation of newly acquired entities. The strategic moves into gold mining and a Dubai subsidiary signal expansion into the precious metals value chain.