Un-Audited Financial Results of the Company for the quarter and half year ended on September, 2025.
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Kedia Construction Company reported unaudited results for Q2 FY26 and H1 FY26 (ended September 30, 2025). Q2 net sales rose to Rs. 6.00 lakhs from Rs. 4.75 lakhs in the year-ago quarter (~26% growth), while H1 net sales came in at Rs. 13.00 lakhs. Total income for H1 was modest and EPS (basic, Rs. 5 face value) stood at Rs. 0.06 for Q2 versus Rs. 0.018 earlier. The statutory auditor (Jhunjhunwala Jain & Associates LLP) issued an Emphasis of Matter on two items: (a) pending litigation with LIC of India over the Ridge Road Property, carried as inventory at Rs. 68.55 lakhs with no provision for diminution in value, and (b) the proposed Scheme of Amalgamation between Kirti Investments Limited (transferor) and Kedia Construction (transferee), with appointed date April 1, 2024, pending NCLT and other approvals. Net cash from operating activities was negative at Rs. (11.99) lakhs for H1 FY26.
Despite the double-digit Q2 sales growth, the company remains a micro-cap with revenues in single-digit lakhs and negative operating cash flows, suggesting ongoing cash strain. Shareholders should watch the LIC litigation outcome (Rs. 68.55 lakhs of inventory at risk if the matter turns adverse) and the progress of the Kirti Investments merger, which is still subject to regulatory approvals and could reshape the company's structure.