Approved the Un-Audited Financial Results and Limited Review Report for the Quarter ended on 31st December, 2025
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KBS India's board approved unaudited standalone financial results for Q3 FY26 (quarter ended 31 Dec 2025). Revenue from operations for the quarter stood at Rs 54.13 lakh, down from Rs 57.56 lakh a year earlier, while the company swung to a net loss of Rs 14.01 lakh versus a Rs 1.09 lakh loss in Q3 FY25. For the nine-month period, revenue grew about 23% to Rs 238.73 lakh and net profit jumped roughly 63% to Rs 18.80 lakh. The statutory auditor issued a qualified limited review report flagging two issues: non-provision of gratuity liability under Ind AS 19, and a long-term loan of about Rs 16.65 crore plus Rs 8.02 lakh receivable from KBS Capital Management Singapore Pte Ltd, an erstwhile subsidiary that has been struck off, with no provision made against it.
The quarter-on-quarter slip into a deeper loss and the auditor's qualification regarding the large unrecovered loan from a struck-off foreign subsidiary raise concerns about asset quality and earnings reliability, which could weigh on investor sentiment despite the stronger nine-month performance.