Khadim India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Khadim India Limited reported audited standalone results for FY2026 with revenue from operations of Rs. 4,180.13 million, up 13.9% from Rs. 3,670.95 million in the previous year. However, profit after tax from continuing operations declined sharply to Rs. 31.39 million from Rs. 193.97 million, a drop of about 84%. The Q4 standalone profit was Rs. 7.73 million versus a loss of Rs. 1.74 million in Q4 last year. An exceptional item of Rs. 18.20 million was recorded for impact of new Labour Codes. The distribution business was demerged into KSR Footwear Limited (KFL) effective April 1, 2025, and is shown as discontinued operations. Statutory auditors Ray & Ray issued an un-modified (clean) opinion on both standalone and consolidated results, and were re-appointed for a second 5-year term.
While revenue grew modestly, the sharp decline in profitability is a concern for shareholders. The demerger of the distribution business complicates year-on-year comparisons. The clean audit opinion provides assurance on financial reporting quality.