Outcome of the meting of the Board of Directors held on Today i.e. Tuesday, 11th November, 2025
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The Board of Directors of Karnawati Innovation Limited approved the unaudited standalone financial results for the second quarter and half-year ended September 30, 2025, along with the Limited Review Report from statutory auditor A.L. Thakkar & Co. Revenue from operations surged to Rs. 2,000.42 lakhs in Q2 FY26 from nil in both the preceding quarter (Q1 FY26) and the year-ago quarter (Q2 FY25), driven entirely by the newly started Agricultural Business segment. Net profit for the quarter stood at Rs. 161.48 lakhs (EPS Rs. 0.30) versus Rs. 1.58 lakhs (EPS Rs. 0.003) in Q2 FY25. For the half year (H1 FY26), total income was Rs. 2,118.39 lakhs and net profit was Rs. 177.73 lakhs (EPS Rs. 0.33), compared with just Rs. 55.85 lakhs and Rs. 2.10 lakhs respectively in H1 FY25. The auditor issued a clean report with no qualifications. The Board meeting was held from 6:30 PM to 7:00 PM.
Strong sequential and year-on-year revenue and profit growth is likely to be viewed positively by investors, reflecting the company's successful pivot into Agricultural Business. However, since the entire revenue in Q2 came from a single new segment, investors should watch for sustainability and diversification in coming quarters.