Please find attached Audited Financial Results for QE/YE March 31, 2026
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Khoobsurat Limited reported a net loss of ₹46.80 lakhs for FY2026, significantly narrower than the prior year loss of ₹222.32 lakhs — a 79% improvement. Revenue from operations fell to nil from ₹33.98 lakhs, but Other Income nearly doubled to ₹232.27 lakhs (from ₹118.24 lakhs), partly driven by fair value changes on investments. Total expenses were ₹373.83 lakhs vs ₹340.75 lakhs. The statutory auditor issued an unmodified opinion with an Emphasis of Matter citing six concerns: unconfirmed balances of trade payables and loans, the company's failure to obtain mandatory NBFC registration under RBI Act, non-traded stock-in-trade shares, ₹587.37 lakhs in long-pending advances for share acquisitions, uncertainty over timing of control transfer for Salcete Brewing Limited (a subsidiary from April 2026), and non-recognition of interest on some loans where recovery is uncertain. Cash flow from operations turned positive at ₹788.77 lakhs, up from negative ₹1,685.96 lakhs in the prior year.
While the loss halved year-on-year and operating cash flow normalised, the company has nil revenue, six auditor concerns, and unresolved regulatory compliance issues (NBFC registration), making this a high-caution filing for investors.