Unaudited Financial Results for Quarter ended June 30, 2025.
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Kinetic Engineering reported standalone revenue from operations of Rs. 3,534 lakhs for Q1 FY26, down ~11% from Rs. 3,956 lakhs in Q1 FY25, reflecting weakness in core sales. Total income rose to Rs. 4,087 lakhs vs Rs. 4,004 lakhs, lifted by a Rs. 458 lakh profit on sale of non-core assets booked under Other Income. Standalone profit after tax doubled to Rs. 94 lakhs (from Rs. 47 lakhs), with EPS of Rs. 0.40 vs Rs. 0.21; the company paid no current tax due to carried forward losses. Consolidated PAT was Rs. 64 lakhs vs Rs. 52 lakhs. The board also fixed the 54th AGM for September 30, 2025, appointed a new internal auditor and secretarial auditor, re-appointed two independent directors, and added a new non-executive director. Separately, the company issued 2 lakh convertible warrants at Rs. 171 each and invested Rs. 15 crore into subsidiary Kinetic Watts & Volts Ltd.
Core operating revenue continues to shrink, and the headline PAT growth is driven largely by a one-time non-core asset sale rather than underlying business improvement, which investors should note. The fresh Rs. 15 crore infusion into the EV-focused subsidiary and the warrant issuance signal capital being redirected toward the subsidiary's growth, with limited near-term earnings visibility from the parent.