Kandal M Venture Ltd. Reports 23% Revenue Increase to $17.19M, Net Income Drops to $209K in FY 2025
Kandal M Venture Ltd. has released its consolidated results for the fiscal year ending March 31, 2025. The company reported an increase in revenue, growing from $13.97 million in 2024 to $17.19 million in 2025. Despite this rise in revenue, the gross profit slightly decreased from $3.37 million in 2024 to $3.36 million in 2025. The income from operations saw a significant decline, dropping from $1.48 million in the previous year to $374,917. This decrease is attributed to higher general and administrative expenses, which increased from $1.65 million to $2.68 million. Additionally, interest expenses rose from $403,723 to $582,013, further impacting the company's income before income taxes, which fell from $1.30 million to $228,954. The income tax expense also decreased from $178,101 to $19,281. As part of its operational overview, Kandal M Venture Ltd., through its subsidiary FMF, continues its role as a contract manufacturer. The company notes potential risks due to escalating trade tensions, which may affect future orders and profitability. No specific future guidance or outlook has been provided in the report.
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