Unaudited Financial Results (Standalone & Consolidated) of the Company for the Quarter & Half Yearly ended 30th September, 2025.
Awaiting price reaction for this filing.
Kundan Minerals & Metals (formerly Eastern Sugar & Industries) reported its Q2/H1 FY26 results on 14 November 2025. On a standalone basis, H1 FY26 total income rose to Rs 748.59 lakhs from Rs 152.30 lakhs in H1 FY25, with the company swinging to a profit after tax of Rs 180.31 lakhs (vs a loss of Rs 24.85 lakhs); EPS stood at Rs 0.30. However, on a consolidated basis, revenues declined sharply YoY reflecting the ongoing pivot from sugar trading to precious metals. Subsidiaries (Kundan Concentrates, Kundan Exploration, Kundan Ventures FZCO) posted a combined net loss of Rs 1,221.80 lakhs on revenues of Rs 2,842.12 lakhs. Operating cash flow was deeply negative on both bases (standalone: -Rs 1,486 lakhs; consolidated: -Rs 3,398 lakhs), and the company placed Rs 4,000 lakhs in inter-corporate deposits with its subsidiary at 7.75%. The auditor issued an unqualified limited review.
Standalone profitability has turned positive but group-level losses and heavy cash burn remain a concern; the stock may react cautiously given weak consolidated performance despite the headline turnaround.