Audited Standalone and Consolidated Financial Results for the Quarter and Year Ended on March 31, 2026 is enclosed herewith.
Awaiting price reaction for this filing.
Krishna Capital and Securities Ltd, an NBFC, reported audited results for FY2026. Standalone total income declined to Rs. 42.05 Lakhs from Rs. 56.57 Lakhs in FY2025, a drop of about 26%. Standalone PAT fell sharply to Rs. 0.78 Lakhs from Rs. 10.30 Lakhs in the previous year. On a consolidated basis, the company reported a net loss of Rs. 12.59 Lakhs compared to a profit of Rs. 0.98 Lakhs last year, primarily due to a share of loss of Rs. 13.37 Lakhs from its associate Palco Metals Limited. The auditors issued an unmodified (clean) opinion on both standalone and consolidated financial results. Cash and cash equivalents improved to Rs. 49.19 Lakhs from Rs. 18.68 Lakhs, showing positive cash generation from operations.
The company experienced a significant decline in both revenue and profitability in FY2026. The consolidated loss due to the associate company's poor performance is a concern for shareholders. However, the clean audit opinion and improved cash position provide some comfort.