Kisan Mouldings Q1 FY27 swings to Rs.669 lakh loss
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Awaiting price reaction for this filing.
Kisan Mouldings posted Q1 FY26-27 revenue of Rs.6,523 lakhs, up about 6% from Rs.6,149 lakhs a year ago. Despite the modest top-line growth, the company swung to a consolidated net loss of Rs.668.95 lakhs versus a small profit of Rs.8.38 lakhs YoY. The loss was partly due to a one-time Rs.103.37 lakhs provision for new Labour Codes. Standalone EPS turned negative at minus 0.56. Limited review by AKGVG & Associates, with prior period figures reviewed by a different firm, indicating an auditor change.
Swing to loss and auditor change may weigh on sentiment despite modest revenue growth.