Approve the UnAudited Financial Results (Standalone & Consolidated) for the Quarter ended June 30, 2025.
Awaiting price reaction for this filing.
KLG Capital Services reported Q1 FY26 revenue of ₹17.84 lacs, flat compared to ₹17.84 lacs in Q1 FY25, but swung to a net loss of ₹18.99 lacs versus a profit of ₹5.19 lacs a year ago. Total expenses jumped sharply to ₹36.83 lacs from ₹12.00 lacs, driven mainly by a surge in other expenses to ₹31.02 lacs (vs ₹6.81 lacs). Consolidated results also showed a loss of ₹18.99 lacs against a profit of ₹4.95 lacs in the year-ago quarter. EPS turned negative at (₹0.59) versus ₹0.16 earlier. The auditor, Bharat Shah & Associates, issued an unmodified limited review report on both standalone and consolidated results.
The sharp expense spike without any revenue growth is a red flag — shareholders should watch for explanations on the surge in other expenses. Short-term sentiment is likely negative given the swing to losses and persistent unprofitability (FY25 also ended in loss).