Enclosing the Outcome of Board Meeting with Financial Results and Audit Reports for the quarter ended 31st March 2026
KCP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
KCP Ltd reported strong full-year FY26 results with standalone revenue of Rs 1,554.69 Cr (up 11.6% from Rs 1,393.42 Cr) and consolidated revenue of Rs 2,576.16 Cr (up 1.9%). The company swung from a standalone loss of Rs 5.27 Cr in FY25 to a profit of Rs 144.21 Cr in FY26, with PAT to owners at Rs 197.11 Cr (up 34% from Rs 147.09 Cr). The board recommended a 50% dividend (Re 0.50 per share). New appointments include Parthapratim Brahma as Independent Director and K.V. Subbaiah as Non-Executive Director. The company appointed M/s Brahmayya & Co. as new statutory auditors for 5 years, replacing K.S. Rao & Co. Statutory auditors gave unmodified opinions with no qualifications on both standalone and consolidated financials. Exceptional items included Rs 1.87 Cr FPPCA gain (vs Rs 25.48 Cr charge in prior year) and Rs 10.24 Cr flood loss at Vietnam subsidiary.
Strong turnaround in profitability with 34% PAT growth signals operational efficiency. The change in statutory auditors and new director appointments may bring fresh perspective to governance. No audit qualifications is positive for investor confidence.