Audited Financial Results for quarter and year ended 31.03.2026
KESORAMIND · price
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Kesoram Industries reported a consolidated net loss of ₹882.32 lakhs from continuing operations for FY2026, compared to a loss of ₹1,104.73 lakhs in the previous year. Revenue from operations declined to ₹24,762.35 lakhs from ₹25,875.66 lakhs year-on-year. The company has been incurring losses due to lower capacity utilization and negative net working capital of ₹5,576.93 lakhs as of March 31, 2026. A change in control occurred during the year with Frontier Warehousing Limited acquiring 42.80% stake through an open offer. Exceptional items include impairment provisions totaling ₹4,172.11 lakhs for land remeasurement and provision for investment/loan in subsidiary Cygnet Industries Limited. The cement division demerger from the previous year resulted in a massive gain of ₹5,67,563.44 lakhs, making the overall net profit ₹5,56,516.16 lakhs. The auditors issued an unmodified (clean) opinion.
Despite improving operational losses and a new acquirer providing support, the company continues to burn cash with negative working capital. Shareholders should monitor whether the new promoter injects the promised financial support to sustain operations.