Board meeting outcome and submission of financial results for the quarter and year ended on 31/03/2025 <BR>
SHRIKRISH · price
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Shri Krishna Devcon Limited reported audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Income from operations rose to Rs. 2,689.74 lakhs in FY25 from Rs. 2,545.10 lakhs in FY24, a modest growth of about 5.7%. Net profit grew to Rs. 492.30 lakhs from Rs. 444.92 lakhs, up roughly 10.6% year-on-year, with EPS of Rs. 1.76 versus Rs. 1.59. Q4 standalone net profit came in at Rs. 249.01 lakhs versus Rs. 132.26 lakhs in the year-ago quarter. The statutory auditor issued an unmodified (clean) opinion on both standalone and consolidated results, and the Managing Director filed a declaration confirming no audit qualifications. The Board also appointed M/s. B.K. Pradhan & Associates as Secretarial Auditor for five years from FY26 to FY30, subject to shareholder approval.
The clean audit report and steady, if unspectacular, growth in revenue and profits are neutral-to-mildly positive for shareholders. The appointment of a new secretarial auditor is a routine governance item and not expected to materially affect the stock.