Q1 FY27 Results: Revenue up 157%, PAT up 186% YoY; Board approves USD 65M fundraise
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kalind Limited's board approved Q1 FY27 unaudited results. Standalone revenue surged to Rs 34.91 crore (up 157% YoY from Rs 13.60 crore), while PAT rose 186% YoY to Rs 15.02 crore from Rs 5.25 crore. EPS stood at Rs 1.23. Consolidated PAT was Rs 14.65 crore. Subsidiary Prasad Earth Movers reported a Rs 37.45 lakh loss. Board also approved a postal ballot to raise up to USD 65 million through QIP, FCCB, ECB, or other modes, and increased FPI and NRI investment limits. Auditor issued an unmodified review report.
Strong quarter with more than 2x revenue and PAT growth. Proposed USD 65M fundraise may lead to equity dilution but supports growth plans.