BSEKedia Construction Company LtdHighNeutral
Announced Fri, 14 Aug, 2026 · 13:02 IST
Kedia Construction Q1 FY26 posts Rs 232.72L loss; merger with Kirti restates prior figures
Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved Q1 FY26 results showing net loss of Rs 232.72L against Rs 3.89L loss in restated Q1 FY25. Total expenses surged to Rs 373.12L from Rs 19.68L. Kirti Investments merged into the company effective April 1, 2024, restating prior comparatives. Auditor flagged pending LIC litigation over Ridge Road property held as inventory at Rs 77.38L with no provision made.
Likely market impact
Sharp Q1 loss and pending litigation exposure may weigh on the stock; merger restatement also affects comparability for investors.