Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended 31st December 2025 along with limited review report thereon.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kalind Limited reported a strong operational turnaround for Q3 FY26 (quarter ended 31 Dec 2025), with standalone revenue from operations jumping to ₹1,490.79 lakhs from just ₹0.01 lakhs in Q3 FY25, and net profit of ₹301.49 lakhs (EPS ₹0.59) versus a loss of ₹(19.17) lakhs earlier. For the nine months ended 31 Dec 2025, standalone revenue was ₹4,504.62 lakhs and net profit was ₹1,651.99 lakhs (EPS ₹3.24), compared to a loss of ₹(35.88) lakhs in the prior year period. Consolidated results were slightly softer with 9M revenue of ₹4,673.16 lakhs and net profit of ₹1,223.05 lakhs, aided by newly acquired subsidiary Prasad Earth Movers Pvt Ltd. The auditor (JMMK & Co.) issued a qualified conclusion on both standalone and consolidated results, flagging missing records and reconciliations around machinery hired from third parties and deployed on customer contracts. Additionally, joint statutory auditor M/s. Mishra Karwa & Co. resigned on 11 Feb 2026 citing resource constraints, confirming no disagreements with management.
Sharp revenue and profit growth reflects a genuine business ramp-up in heavy machinery rentals, but the qualified audit opinion and the sudden mid-year exit of the joint auditor are red flags on internal record-keeping and governance that may weigh on investor confidence and warrant close monitoring.