Financial result for the Quarter and Year Ended 31.03.2026
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Kundan Minerals And Metals Ltd reported audited financial results for Q4 and FY ended March 31, 2026. On standalone basis, revenue from operations surged to Rs. 395,608.55 lakhs from Rs. 1,16,002 lakhs in FY25 (340x jump), but profit after tax collapsed to Rs. 259.24 lakhs from Rs. 12,579.79 lakhs - a 98% decline. On consolidated basis, revenue grew to Rs. 573,899 lakhs from Rs. 395,868 lakhs (45% growth), with PAT at Rs. 12,032.18 lakhs vs Rs. 12,793.54 lakhs (6% decline). The company also disclosed that equity trading remains suspended since October 2023 following CIRP completion, with re-listing efforts ongoing. Income Tax survey and DRI search conducted during FY26 are pending. Internal auditors S Lall Vikas & Co. were re-appointed for FY27. The auditors gave unmodified opinion on both standalone and consolidated results.
The massive standalone revenue spike with collapsing profits suggests potential related-party transactions through inter-corporate deposits to subsidiaries. The suspended trading status and pending regulatory investigations add risk. Consolidated results show moderate decline in profitability despite revenue growth, indicating margin pressure or significant investment-related income adjustments.