Outcome of Board Meeting held on 14.02.2026
Price
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Awaiting price reaction for this filing.
The Board of Kanoria Energy & Infrastructure Ltd approved the unaudited financial results for Q3 FY26 (quarter ended 31 Dec 2025) and the nine months ended 31 Dec 2025 at a meeting held on 14 Feb 2026. Revenue from operations fell to ₹19,430 lakhs in 9M FY26 from ₹23,123 lakhs in 9M FY25, a decline of roughly 16%. Profit before tax plunged to ₹59.57 lakhs from ₹551.90 lakhs, and net profit dropped sharply to ₹23.58 lakhs from ₹383.63 lakhs, an over 90% YoY fall. Q3 standalone revenue was ₹5,567 lakhs versus ₹6,135 lakhs a year ago, while quarterly net profit edged up marginally to ₹6.83 lakhs from ₹3.94 lakhs. Basic EPS for 9M FY26 stood at just ₹0.03 versus ₹0.45 in the prior period. Statutory auditors K.N. Gutgutia & Co. issued an unqualified limited review report. The company operates only in the AC Sheets and Pipes segment.
Sharp erosion in both revenue and profitability signals serious business weakness for shareholders, even as the company remains technically profitable. The steep fall in EPS and PBT is likely to be viewed negatively by the market, though the clean audit review provides some comfort on reporting quality.