Karma Energy FY26 results: revenue up, PAT down about 25% on higher costs
KARMAENG · price
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Karma Energy posted FY26 revenue of 975.83 lac (up 12% from 870.27 lac) but PAT fell 25% to 104.93 lac from 140.37 lac. Pre-exceptional loss of 175.03 lac vs profit of 115.10 lac last year, hit by higher O&M and other expenses. Exceptional item of 81.43 lac (interest on prior-year debtors) supported bottom line. Auditor issued unmodified opinion. Board reappointed Chetan Mehra as MD for 3 years from Dec 2026.
Higher costs dragged pre-exceptional profit into a loss; PAT declined 25% despite revenue growth. Mixed signals for shareholders.