K S Oils Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Awaiting price reaction for this filing.
K.S. Oils Limited has submitted its audited standalone financial results for Q4 and FY2026 ended March 31, 2026. The company was acquired by Soy-Sar Edible Private Limited under NCLT liquidation process and this is the first year of operations under new management. Out of four manufacturing plants, only the Kota plant commenced operations during the year (became operational towards end of financial year). The remaining three plants are under revamping and are yet to commence commercial operations. Statutory auditors NJG & Co. have issued an unmodified (clean) audit opinion, confirming the financial statements give a true and fair view. The company has also filed a declaration confirming the unmodified opinion under SEBI regulations.
The company is in early-stage revival after acquisition from liquidation, with limited operational capacity (only 1 of 4 plants running). The clean audit opinion provides some comfort, but investors should note the company is not yet fully operational and faces execution risk in revamping remaining plants.