Integrated Filing — IndAS



General information about company
Scrip Code 590041
NSE Symbol KAVVERITEL
MSEI Symbol NOTLISTED
ISIN INE641C01019
Name of company Kavveri Telecom Products Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Defence and wireless technology products
Start date and time of board meeting 30-May-2025   16:30:00
End date and time of board meeting 31-May-2025   21:50:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 82038000 171200000
Other income 44244000 46891000
Total income 126282000 218091000
2 Expenses
(a) Cost of materials consumed 46350000 94880000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -3071000 -9314000
(d) Employee benefit expense 4499000 13033000
(e) Finance costs 359000 363000
(f) Depreciation, depletion and amortisation expense 1000000 3174000
(f) Other Expenses
1 Administrative and Other expenses 5001000 16617000
2 Write off Trade receivables and advance 1001000 1001000
3 Write off Loans and advances (asset) 34268000 34268000
Total other expenses 40270000 51886000
Total expenses 89407000 154022000
3 Total profit before exceptional items and tax 36875000 64069000
4 Exceptional items 0 0
5 Total profit before tax 36875000 64069000
6 Tax expense
7 Current tax 0 0
8 Deferred tax 0 0
9 Total tax expenses 0 0
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 36875000 64069000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 36875000 64069000
17 Other comprehensive income net of taxes 0 0
18 Total Comprehensive Income for the period 36875000 64069000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 201243000 201243000
Face value of equity share capital 2012.43 2012.43
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.83 3.18
Diluted earnings (loss) per share from continuing operations 0.9 1.56
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.83 3.18
Diluted earnings (loss) per share from continuing and discontinued operations 0.9 1.56
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 19501000
Capital work-in-progress 277000
Investment property
Goodwill 0
Other intangible assets 384000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 213864000
Trade receivables, non-current
Loans, non-current 270867000
Other non-current financial assets 258970000
Total non-current financial assets 743701000
Deferred tax assets (net)
Other non-current assets
Total non-current assets 763863000
2 Current assets
Inventories 31206000
Current financial asset
Current investments 0
Trade receivables, current 78139000
Cash and cash equivalents 143508000
Bank balance other than cash and cash equivalents 0
Loans, current 0
Other current financial assets 218219000
Total current financial assets 439866000
Current tax assets (net)
Other current assets
Total current assets 471072000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1234935000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 201243000
Other equity 667126000
Total equity attributable to owners of parent 868369000
Non controlling interest
Total equity 868369000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities 0
Provisions, non-current 0
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 0
Current liabilities
Current financial liabilities
Borrowings, current 189256000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 61908000
Total Trade payable 61908000
Other current financial liabilities
Total current financial liabilities 251164000
Other current liabilities 90896000
Provisions, current 24506000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 366566000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 366566000
Total equity and liabilites 1234935000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 64069000
Adjustments for reconcile profit (loss)
Adjustments for finance costs -281000
Adjustments for decrease (increase) in inventories -16225000
Adjustments for decrease (increase) in trade receivables, current -13976000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -10752000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 1299000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 11686000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -27508000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 1509000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 1665000
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -19618000
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -174000
Other adjustments for non-cash items 14758000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -57617000
Net cash flows from (used in) operations 6452000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 6452000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment -6148000
Purchase of property, plant and equipment 0
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 281000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -205685000
Net cash flows from (used in) investing activities -211552000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 334130000
Net cash flows from (used in) financing activities 334130000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 129030000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 129030000
Cash and cash equivalents cash flow statement at beginning of period 14478000
Cash and cash equivalents cash flow statement at end of period 143508000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 J K Chopra & Associates Yes 31-Mar-2026


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 171200000 0
2 Total Expenditure 154022000 0
3 Net Profit/(Loss) 64069000 0
4 Earnings Per Share 3.18 0
5 Total Assets 1234935000 0
6 Total Liabilities 1234935000 0
7 Net Worth 534239000 0


Audit qualification
Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Repetitive Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)


Text Block
Textual Information(1) In the consolidated financial statements, the financial statements financial information of the following subsidiaries are not included for the Year ended 31st March, 2025. na.Kavveri Telecom Infrastructure Limited nb.EAICOM India Private Limited nc.Kavveri Technologies Americans Inc. nd.New England Communications Systems Inc. ne.Quality Communications Systems Inc. nf.Spotwave Wireless Ltd. ng.Trackcon Systems International Inc. nAs the results/ financial information of the above mentioned subsidiaries are not considered in consolidation for the year ended 31ST March 2025, the current year figures are not comparable to previous year. n
Textual Information(2) NA
Textual Information(3) In respect of qualification above, the opinion of the Management is as follows nKavveri Telecom Infrastructure Limited is undergoing Insolvency process Under IBC 2016 and Spotwave Wireless Ltd is undergoing bankruptcy proceedings in Canada and other companies are non-operating companies currently, hence the same is not considered for the consolidated financials. n
Textual Information(4) NA
Textual Information(5) .
Textual Information(6) In respect of preparation of financial statements of the group on going concern basis during the Year ended the group has has earned a Net Profit (after tax) of Rs. 640.69 Lakhs resulting into accumulated losses of Rs. 8974.09 Lakhs. The group has obligations towards fund based borrowings and significant decrease in revenue over the years. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the groups ability to continue as going concern and the group may be unable to realize its assets and discharge its liabilities in the normal course of business. The ultimate outcome of these matters is at present not ascertainable. Accordingly we are unable to comment on the consequential impact if any on the accompanying consolidated financial statements. n n
Textual Information(7) NA
Textual Information(8) In respect of qualification above, In the opinion of the management, resolution and revival of the Company is possible in foreseeable future. Rapid increase of competitors in the telecommunication business effects the operations of the company during the previous years. The management of the company is taking steps to improve the business in the year 2025 26 and will improve the operations in the coming years. Hence the companys management is of the opinion that the company is Going Concern only and the accounts have been prepared accordingly. n
Textual Information(9) NA
Textual Information(10) .


Signatories detail
Name of CEO / Managing director CHENNAREDDY SHIVAKUMARREDDY
Name of CFO RAJPETA KASTURI HANUMENTHAREDDY
Name of audit committee chairman GOKUL RAJENDRAN
Name of statutory auditor Jitendra Kumar Chopra
Name of other signatory, if any, with designation
Place Bangalore
Date 31-May-2025