Announced Wed, 12 Nov · 17:02 IST

To consider and approve Un-audited Financial results of the Company for the quarter and half year ended on 30.09.2025.

Qualified OpinionEmphasis Of MatterExceptional ItemPat NegativeNegative Operating CashflowResults View source PDF

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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

Kesar Terminals & Infrastructure reported Q2 FY26 revenue from operations of ₹858.56 lakhs, up ~18.6% YoY from ₹723.99 lakhs, with H1 FY26 revenue at ₹1,582.55 lakhs versus ₹1,555.48 lakhs last year. Profit before exceptional items and tax swung to a positive ₹80.16 lakhs in Q2 from a loss of ₹92.69 lakhs a year ago, showing an operational turnaround. However, the company booked an exceptional loss of ₹3,648.83 lakhs from the sale of its entire stake in subsidiary Kesar Multimodal Logistics Limited (KMLL) to DP World on September 10, 2025, resulting in a net loss of ₹3,564.75 lakhs for the quarter and ₹3,636.95 lakhs for H1. Auditors issued a qualified conclusion and two emphasis-of-matter notes, flagging the pending Deendayal Port Trust (Kandla) litigation over lease rent and name-transfer demands, while noting KMLL's bank dues have been fully settled.

Likely market impact

Core operations look improved with revenue growth and a return to operating profit, but shareholders will absorb a large one-time hit from the KMLL divestment. The unresolved DPT lease dispute remains a material overhang, and net cash from operations turned negative at ₹1,599 lakhs in H1 versus an inflow last year.