Approved the audited standalone & consolidated financial results of the company
BLKASHYAP · price
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B.L. Kashyap and Sons reported FY2026 standalone revenue of Rs 1,347.91 crore, up 88.7% from Rs 714.23 crore in FY2025. However, profit after tax dropped 97.9% to Rs 78.57 lakh from Rs 369.16 lakh previously. The consolidated PAT was Rs 154.72 lakh versus Rs 274.75 lakh in the prior year. The company recorded an exceptional loss of Rs 378.16 crore primarily due to a Rs 200 crore provision for Right of Recompense to lenders and Rs 17.62 crore written off from contract assets following an arbitration settlement. A one-time cost of Rs 2.67 crore was incurred due to the New Wage Code implementation. Statutory auditors issued unmodified (clean) opinions on both standalone and consolidated results.
Despite strong revenue growth, the stock may face pressure due to severely compressed profitability driven by large exceptional charges and one-time costs. The Rs 378 crore exceptional loss indicates significant financial restructuring-related expenses that impacted bottom-line performance.