With the reference to the above captioned subject, we are enclosing here with following documents as per detail given below.1. Standalone & Consolidated Audited Financial Result with the Audit Report on Financial Result of the Company for the quarter/year ended March 31, 2026; as wells as pursuant to the regulation 33 of the SEBI (listing obligations and disclosures requirements) regulations, 2015 as received from Statutory Auditors of the Company M/s. JMMK & Co., Chartered Accountants, Mumbai.2. Related party Transaction pursuant to Regulation 23(9) on consolidated basis for the year ended March 31, 2026.Kindly find the same in order.
KANANIIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kanani Industries Limited has submitted its audited standalone and consolidated financial results for Q4 and year ended March 31, 2026. On a consolidated basis, revenue grew marginally by 3.2% to Rs. 17,379.35 Lakhs from Rs. 16,847.13 Lakhs. However, net profit surged significantly by 231% to Rs. 257.59 Lakhs from Rs. 77.87 Lakhs in the previous year. The company deals in diamonds and has one reportable segment. The foreign subsidiary KIL International Limited contributed Rs. 228.27 Lakhs in net profit for the year. The statutory auditor JMMK & Co. has issued an unmodified (clean) audit opinion for both standalone and consolidated results. Related party transactions disclosed include director loans of Rs. 23.20 Lakhs taken and director remuneration of Rs. 15.01 Lakhs payable.
Strong profit growth on consolidated basis driven by the foreign subsidiary's performance is positive for shareholders, though the standalone entity shows minimal profitability. The clean audit opinion removes any immediate concerns about financial reporting quality.