Results - Announcements
Knowledge Marine & Engineering Works Ltd share price gained 4.05% to Rs 655.45. The Company's net profit witnessed a sharp fall of 65.69% to Rs 21.53 crore, while revenue from operations nosedived 38.64% to Rs 70.81 crore in Q2FY27 over Q2FY26.
The market capitalization of Dredging industry group stocks on BSE stood at Rs 9398.17 crore, plunging by 38.64%. It has improved by 5.41% over last one week and climbed by 14.02% in last one month while the market capitalization of Knowledge Marine & Engineering Works Ltd has marginally improved by 5.54% and 29.86% in the same period respectively.
Profit before tax (PBT) of Knowledge Marine & Engineering Works Ltd stood at Rs 29.35 crore in Q2 FY27, expanding by 114.23% year-on-year, and tumbling by 55.07% quarter-on-quarter. EBITDA came in at Rs 18 crore, slipping 4.90% YoY and crashing by 74.59% sequentially.
Total expenses inched up 1.06% to Rs 48.73 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 4.3 crore, soaring 17.49% YoY.
For FY26, revenue from operations witnessed a strong growth of 27.69% to Rs 256.28 crore, while net profit jumped 60.08% to Rs 79.4 crore, compared to previous FY. EBITDA surged by 7925% to Rs 81.47 crore, and PBT soared 27.09% to Rs 79.05 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 200.4 crore in FY26, as against Rs 19.47 crore in FY25.
Knowledge Marine & Engineering Works Ltd rallied 127.90% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 4.80% during the same period.