Please find attached Audited financial Statements for the year ended 31-03-2026
KAUSHALYA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Kaushalya Infrastructure Development Corporation has reported a turnaround in FY26 with standalone profit after tax of Rs 2.30 lakhs compared to a loss of Rs 74.68 lakhs in FY25. Revenue from operations surged to Rs 89.89 lakhs from Rs 13.19 lakhs in the previous year, driven by construction segment revenue of Rs 75 lakhs and hotel operations of Rs 14.89 lakhs. The auditors have issued an unmodified (clean) opinion on both standalone and consolidated financial statements. The statutory auditors were changed during the year with KASG & Co. now in place. The company has disclosed significant pending tax disputes including WBVAT demands of Rs 886.58 lakhs and multiple income tax demands across AY 2013-14 to AY 2023-24 totaling approximately Rs 1,392 lakhs. The company recovered Rs 92.37 lakhs from debtors and wrote off Rs 28.31 lakhs as bad debt.
The company has returned to profitability after two years of losses, though the absolute profit remains minimal. The significant jump in revenue and clean auditor opinion are positives, but investors should monitor the large contingent tax liabilities and the minimal profit margins.