Kovalam Investment and Trading Reports Strong Q1 Results, Appoints New Secretarial Auditor

Kovalam Investment & Trading Company Limited has reported a significant improvement in its financial performance for the quarter ended June 30, 2025. The company's board of directors approved the unaudited financial results in a meeting held on August 12, 2025.

Financial Highlights

• Profit after tax rose to Rs 135.12 crore, up from Rs 101.83 crore in the same period last year.
• Total comprehensive income reached Rs 2,575.73 crore, compared to Rs 1,231.32 crore year-over-year.
• Total income from operations stood at Rs 142.18 crore.
• Brokerage income contributed Rs 14.34 crore to the total revenue.
• Net gain on fair value changes was Rs 122.75 crore.
• Basic and diluted earnings per share increased to Rs 6.08 from Rs 4.58 in the previous year.

Key Financial Metrics

Appointment of Secretarial Auditor

The board has appointed M/s P.S. Dua and Associates, Company Secretaries, Ludhiana (C.P.Number-3934) as the Secretarial Auditor of the company. The appointment is for a term of five consecutive years, from the Financial Year 2025-26 till Financial Year 2029-30, subject to shareholder approval at the upcoming Annual General Meeting.

Annual General Meeting

Kovalam Investment & Trading Company Limited has scheduled its 43rd Annual General Meeting (AGM) for September 25, 2025. The meeting will be conducted through Video Conferencing (VC) or other audio-visual means (OAVM) at 04:00 P.M., in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

The company's financial results demonstrate strong growth in profitability and comprehensive income for the quarter. Shareholders and investors will have the opportunity to discuss these results and other company matters at the upcoming AGM.