Karda Constructions Ltd - 541161 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed herewith a brief Presentation for stakeholders of KBC Global Limited with updates on Financial results for quarter and half year ended on September 30,2021. Karda Constructions Ltd - 541161 - Disclosure Of Related Party Transactions Under Regulations 23(9) Of SEBI (LODR), 2015 For The Half Year Ended September 30,2021
In terms of Regulation 23(9) of the LODR Regulations, we enclose herewith disclosure of Related Party Transactions in the format specified in the relevant accounting standards for the half year ended September 30, 2021. Q2FY22 Quarterly Result Announced for Karda Constructions Ltd.
Financial Highlights Revenue from Operations reported at Rs. 172.62 Mn in Q2 and Rs. 352.77 Mn for H1 FY22 EBITDA stands at Rs. 95.10 Mn in Q2 and Rs. 212.05 Mn for H1 FY22 PAT at Rs. 44.87 Mn in Q2 and Rs. 106.10 Mn for H1 FY22 Revenue from Operations has marginally degrown from Rs. 202.29 Mn in Q2 FY21 to Rs. 172.62 Mn in Q2 FY22. The EBITDA has increased by 72.64% from Rs. 55.09 Mn in Q2 FY 21 to Rs. 95.10 Mn in Q2 FY22 led by the introduction of a new revenue segment of “Business Support Services” to the real estate sector. Net profit has increased by 115.42% from Rs. 20.83 Mn in Q2 FY21 to Rs. 44.87 Mn in Q2 FY22. PAT margins has increased to 21.31% in Q2 FY22 from 9.72% in Q2 FY21. Revenue from Operations has marginally degrown from Rs. 364.41 Mn in Q2 FY21 to Rs. 352.77 Mn in Q2 FY22 The EBITDA has increased by 89.68% from Rs. 111.80 Mn in H1 FY21 to Rs. 212.50 Mn in H1 FY22 and a gain in the EBITDA margins from 28.37% in H1 FY21 to 51.17% in H1 FY22 mainly driven by additional margin contribution from the new revenue segment of “Business Support Services” to the real estate sector. Net profit stood at Rs. 106.10 Mn in H1 FY22, compared to Rs. 38.48 Mn in H1 FY21 recorded a growth of 178.65% Current Asset stood at Rs. 2690.22 Mn in H1 FY22, compared to Rs. 2646.61 Mn in H1 FY21 Long term borrowing stood at Rs. 224.64 Mn in H1 FY22, compared to Rs. 224.88 Mn in H1 FY21 and Short term borrowing at Rs. 373.55 Mn in H1 FY22, compared to Rs. 217.09 Mn in H1 FY21 Finance Cost has increased by 3.22% from Rs. 62.13 Mn in H1 FY21 to Rs. 64.13 Mn in H1 FY22 on account of increase in the long term & short-term borrowing. Commenting on the performance of Q2 FY22, Mr. Naresh Karda, Chairman & Managing Director, said “With the reopening of the Indian economy post the 2nd Covid Lockdown in Q2 FY22 and with increasing vaccination drive and good governance, we are on the recovery path. In line with PM’s Vision of “Housing for all by 2022” there is a boost in the affordable housing segment of the country. India’s real estate sector is likely to witness better sales from Q2 FY22 and consequently Company has witnessed growth in the segment it operates. Company has currently 19 projects under construction consisting of Residential, Residential cum Commercial & Commercial in Greater Nashik and has 8 projects comprising of civil contract across in Maharashtra and Goa State. Even though our Revenue from operations has slightly degrown from Rs 202.29 Mn in Q2 FY21 to Rs 172.62 Mn in Q2 FY22, our EDITDA and PAT margins expanded significantly by 72.64% and 115.42% respectively from Rs 55.09 Mn & Rs 21.03 Mn in Q2 FY21 to Rs 95.10 Mn & Rs 44.87 Mn in Q2 FY22. This has been majorly contributed by addition of a new segment of “Business Support Services” which has a higher margin. This segment consists of company rendering consultancy and business advisory services in the real estate sector using our existing expertise and resources in this business. Result PDF Karda Constructions Ltd - 541161 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
The press release on operational updates for quarter and year ended on September 30,2021
Karda Constructions Ltd - 541161 - Results- Result For Quarter And Half Year Ended On September 30,2021
Outcome of the meeting Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors at its meeting held on Monday, October 25,2021 Karda Constructions Ltd - 541161 - Board Meeting Outcome for Outcome Of The Board Meeting
Outcome of board meeting pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors at its meeting held on Monday, October 25,2021 Karda Constructions Ltd - 541161 - Extra Ordinary General Meeting ('EGM') Of The Members Of The Company Will Be Held On Saturday, November 13, 2021 At 12.30 P.M. IST Through Video Conferencing ('VC') / Other Audio Visual Means ('OAVM'),
This is to inform that the Extra Ordinary General Meeting ('EGM') of the Members of the Company will be held on Saturday, November 13, 2021 at 12.30 p.m. IST through Video Conferencing ('VC') / Other Audio Visual Means ('OAVM'), in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. Karda Constructions Ltd - 541161 - Shareholding for the Period Ended September 30, 2021
Karda Constructions Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2021. For more details, kindly Click here Karda Constructions Ltd - 541161 - Submission Of Compliance Certificate Under Regulation 40(9) Of Sebl Listing Obligation And Disclosure Requirements] Regulation 2015 For Half Year Ended On 30Th September, 2021.
Pursuant to Regulation 40(9) of SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015, we hereby furnish a copy of compliance certificate issued by Amar Patil & Associates, Practicing Company Secretaries, Kolhapur for Half year ended on 30th September, 2021.