Outcome of the adjourned Board Meeting dated 27.05.2026 (Originally convened dated 20.05.2026)
KESORAMIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kesoram Industries Ltd reported its annual financial results for FY2026. Consolidated revenue from operations declined slightly to ₹24,762 lakhs from ₹25,876 lakhs in the prior year. The company incurred a net loss of ₹8,813 lakhs from continuing operations, compared to a loss of ₹11,047 lakhs in the previous year. On standalone basis, the company reported a net loss of ₹20,687 lakhs from continuing operations. These losses were attributed to lower capacity utilization, reduced volumes, higher costs, and negative net working capital. However, due to the demerger of the cement division in the previous year, a gain of ₹5,67,563 lakhs was recorded, resulting in total comprehensive income of ₹5,56,034 lakhs (consolidated). The company also recorded exceptional items including impairment provisions of ₹15,619 lakhs for its subsidiary Cygnet Industries and ₹4,172 lakhs for land remeasurement. Walker Chandiok & Co LLP issued an unmodified opinion on both standalone and consolidated financial statements.
Despite the large net loss from operations and negative operating cash flow of ₹10,700 lakhs, shareholders may see limited impact in the short term due to the non-recurring demerger gain. However, the ongoing operational losses and negative working capital position remain a concern for investors.