Outcome of the Meeting of the Board of Directors of Karnawati Innovation Limited (Formerly known as Bisil Plast Limited) held on Today i.e. Friday, 13th February, 2026.
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The Board of Directors of Karnawati Innovation Ltd met on February 13, 2026 (3:00 PM to 3:30 PM) and approved the unaudited standalone financial results for Q3 FY26 (quarter ended December 31, 2025), along with the Limited Review Report from statutory auditor A L Thakkar & Co. (FRN 120116W), which was issued without any qualifications. Q3 FY26 total revenue stood at ₹7,146.89 lakhs — a sharp sequential jump from just ₹2,000.42 lakhs in Q2 FY26 — while net profit for the quarter came in at ₹184.53 lakhs (up from ₹161.38 lakhs in Q2 FY26). On a 9-month cumulative basis, the company swung to a net profit of ₹362.26 lakhs from a loss of ₹(7.14) lakhs in the same period last year, a clear turnaround. Basic EPS for Q3 FY26 was ₹0.34 and for 9M FY26 was ₹6.70, against ₹0.27 for the full FY25 (audited). Paid-up equity capital remains modest at around ₹540.51 lakhs (face value ₹1), confirming this is a small-cap BSE-listed entity (Scrip 531671).
A strong sequential revenue surge and a solid year-on-year profit turnaround through 9M FY26 are positive signals for shareholders, though the tiny share base and the wide gap between Q3 and prior quarters warrant closer scrutiny on revenue sustainability. The clean limited review report removes any near-term audit overhang for now.