Khadim India Limited has informed the Exchange regarding re-appointment of statutory auditor.
KHADIM · price
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Khadim India Limited reported audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Standalone revenue grew 13.9% to Rs 4,180.13 million from Rs 3,670.95 million in FY25. The company turned profitable with standalone PAT of Rs 31.39 million compared to a loss of Rs 45.29 million in the previous year. Consolidated PAT stood at Rs 30.99 million versus a loss of Rs 142.02 million in FY25. The Board also approved re-appointment of M/s. Ray & Ray as statutory auditors for a second term of 5 years from the 45th AGM till the 50th AGM in 2031-32. An exceptional item of Rs 18.20 million was recognized due to the impact of new Labour Codes. The distribution business was demerged into KSR Footwear Limited effective April 1, 2025, and its results are shown as discontinued operations.
Positive turnaround from losses to profitability; clean audit opinion with un-modified report. The statutory auditor re-appointment is routine and does not indicate any concerns. The demerger of distribution business simplifies the company's structure.