Outcome of Board Meeting
Price
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Awaiting price reaction for this filing.
Kinetic Engineering's board approved unaudited Q3 FY26 (Oct-Dec 2025) results on Feb 3, 2026. Standalone revenue from operations grew about 24% year-on-year to Rs. 3,585 lakhs (vs Rs. 2,890 lakhs in Q3 FY25), and 9-month revenue rose to Rs. 11,050 lakhs. However, standalone profit after tax fell sharply to Rs. 53 lakhs in Q3 FY26 from Rs. 327 lakhs a year ago, and 9-month PAT dropped to Rs. 180 lakhs from Rs. 591 lakhs. The decline is largely because last year's other income included Rs. 698 lakhs from sale of non-core assets, compared to just Rs. 458 lakhs in 9M FY26. On a consolidated basis (including subsidiary Kinetic Watts & Volts), Q3 revenue was Rs. 3,837 lakhs but PAT was only Rs. 15 lakhs. The board also appointed Rajesh Dhongade as new COO, noting the resignation of Rajpal Sharma. The company invested Rs. 9 crore into its subsidiary in November 2025.
Revenue growth is healthy, but profitability is very thin and heavily influenced by one-time asset sale gains. Core business margins will be the key thing for shareholders to watch in coming quarters. The change in COO leadership is a governance event to monitor.