Konark Synthetic Ltd

Konark Synthetic Q3 FY2025 Results: Profit Turns Positive 📊

• Revenue from operations for Q3 2025 was ₹1,231.72 lakhs, down from ₹1,528.69 lakhs in Q3 2024.

• Net profit for Q3 2025 was ₹4.18 lakhs, compared to a loss of ₹3.90 lakhs in Q3 2024.

• For the nine months ended December 31, 2025, net profit was ₹16.45 lakhs, up from ₹13.11 lakhs in the same period last year.

• Earnings per share (EPS) for Q3 2025 was ₹0.07 (basic and diluted), improving from a loss per share of ₹0.07 in Q3 2024.

• Konark Infratech Private Limited ceased to be an associate as of October 30, 2024, so consolidated results were not prepared.

• Subsidiary India Denim Limited is under corporate insolvency resolution process; full provision for investment has been made.

• Auditors noted a long-outstanding receivable of ₹711.18 lakhs from Mudra Denims Private Limited, with minimal recovery probability; net provision of ₹533.39 lakhs remains.

• The company provided a corporate guarantee of ₹2,706.00 lakhs for India Denim Limited, posing a material contingent liability.