Financial Results for the quarter and year ended 31.03.2026
Awaiting price reaction for this filing.
Khandelwal Extractions Ltd reported audited FY2026 results with total revenue of Rs 78.26 lakh, down from Rs 91.33 lakh in FY2025, representing approximately 18% decline. Profit after tax stood at Rs 21 lakh compared to Rs 29.60 lakh in the prior year, a decline of about 29%. EPS for the year was Rs 2.47 versus Rs 3.48 previously. The company returned to profitability in Q4 with PAT of Rs 7 lakh against a loss of Rs 3.46 lakh in Q4 FY25. The statutory auditor P.L. Tandon & Co. issued an unmodified clean opinion. Note 3 states that previous period figures have been regrouped/restated to make them comparable, indicating accounting restatement. The company maintains a healthy balance sheet with total equity of Rs 312.74 lakh and cash equivalents of Rs 7.09 lakh.
The 18% revenue decline and 29% PAT decline are concerning for shareholders. The restatement of prior period figures raises questions about data reliability. However, Q4 profitability recovery and clean audit opinion provide some comfort.