Pursuant to regulation 30 of the SEBI LODR Regulations, 2015, we are pleased to inform you that the board of directors at its meeting held on 14th August, 2025 which commenced at 03:30 ....
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KMF Builders & Developers reported its Q1 FY26 results with zero revenue from operations, continuing the trend seen in the year-ago quarter. Total income stood at Rs 2.91 lakhs, entirely from other income (likely interest), down from Rs 9.70 lakhs in Q1 FY25. Total expenses were Rs 34.90 lakhs, leading to a net loss of Rs 31.98 lakhs (EPS of -Rs 0.263), slightly narrower than the Rs 40.70 lakh loss in Q1 FY25. For the full year FY25, the company posted a loss of Rs 51.10 lakhs. The statutory auditor flagged an Emphasis of Matter stating that management has no ongoing projects, and the company is incurring losses with no revenue except interest income.
The company remains in a precarious position with no operational revenue and no active projects, raising serious questions about business continuity. Shareholders should note the going concern risk highlighted by auditors and the continued dependence on interest income to cover costs.