Please find attached herewith Revised Outcome of Board Meeting for the subject mentioned above and such other matter as per attachment
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Karbonsteel Engineering filed a revised board meeting outcome on November 14, 2025, after the original November 13 filing had inadvertently omitted the Balance Sheet and Cash Flow Statement. For H1 FY26 (Apr–Sep 2025), revenue from operations came in at Rs. 13,970.28 lakh, up about 31.9% from Rs. 10,595.34 lakh in the year-ago comparable period. Profit after tax stood at Rs. 703.28 lakh versus Rs. 544.37 lakh YoY, a growth of roughly 29.2%, with EPS at Rs. 6.16 vs Rs. 9.84 (the lower EPS is due to a larger share base after bonus/rights). The board accepted the resignation of internal auditor M/s Desai Bhansali & Associates LLP and appointed M/s Chintan D Shah & Associates as the new internal auditor for FY25-26. The statutory auditor issued an unmodified limited review but flagged an emphasis of matter on unconfirmed trade receivables and sundry creditor balances, and noted an unpaid income tax liability of Rs. 403.23 lakh as on September 30, 2025.
Strong topline and profit growth is a positive for shareholders, but the auditor's emphasis of matter on pending balance confirmations and the unpaid tax liability are yellow flags that may limit upside sentiment; investors should weigh the growth momentum against these governance concerns.