KCPSUGINDNSEKCP Sugar and Industries Corporation Limited· SugarMediumNeutral
Announced Wed, 27 May · 19:46 IST

KCP Sugar and Industries Corporation Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

KCPSUGIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

KCP Sugar held its Board Meeting on 27th May 2026 to approve audited financial results for Q4 and FY ended 31st March 2026. The company reported standalone revenue of Rs. 19,584.21 lakhs, down from Rs. 22,735.39 lakhs in the previous year, with a standalone loss before tax of Rs. 273.45 lakhs compared to profit of Rs. 530.03 lakhs last year. The Board approved reappointment of Cost Auditors (M/s. SRR & Associates), Tax Auditors (M/s. NSK & Associates), and Internal Auditors (Vimala & Pankaj) for FY 2026-27. Despite a loss at standalone level, consolidated figures show profit of Rs. 1,572.51 lakhs. Statutory auditor B. Purushottam & Co. issued an unqualified audit report.

Likely market impact

The headline mentions 'Change in Auditors' but the document actually shows reappointments of existing auditors. The company swung to a loss at standalone level, which may concern investors focused on standalone performance, though the consolidated view remains profitable.