This is to inform you that the meeting of the Board of Directors of the Company held today, i.e. Saturday, 30th May 2026 (which commences at 02:30 P.M. and concluded at 05:30 P.M.) has, ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kuwer Industries Limited reported strong financial results for FY 2025-26. Total income rose to Rs 8,191.73 lakhs from Rs 5,805.84 lakhs in the prior year, while net profit after tax more than quadrupled to Rs 200.40 lakhs from Rs 45.56 lakhs. Revenue from operations grew by about 26% year-on-year, crossing Rs 7,294 lakhs. However, a major part of the profit boost came from a one-time gain of Rs 9 crore from the sale of land and buildings in Noida, which was recorded as 'Other Income'. The company also disclosed that this property sale was executed without obtaining the mandatory shareholder approval required under Section 180(1)(a) of the Companies Act, 2013. The statutory auditor issued an unmodified (clean) opinion on the financial results.
The strong profit growth and clean audit opinion are positives for shareholders, but the reliance on a one-off property sale for profit raises concerns about underlying business strength. The undisclosed related party transaction risk around the land sale may also weigh on investor sentiment.