Kanoria Energy Q1 FY27 results: net loss of 152.78 lakhs on exceptional item
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Board approved Q1 FY27 unaudited results on July 23, 2026. Revenue rose to 1,159.13 lakhs from 996.52 lakhs YoY, about 16 percent growth. But net profit swung to a loss of 152.78 lakhs versus a profit of 15.08 lakhs in Q1 FY26, mainly due to an exceptional loss of 929.05 lakhs from sale of a flat in Mumbai. Profit before exceptional items also fell sharply to 0.43 lakhs from 23.56 lakhs. Board also approved dividend on 5 percent redeemable preference shares and AGM 2026 notice.
Net loss driven mainly by one-time flat sale exceptional item. Underlying profit also dropped sharply; watch core operations and margins.