Please find enclosed revised financial results with rectified Cash flow statement for the quarter and year ended March 31, 2026
KMEW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Knowledge Marine & Engineering Works Ltd has filed a corrigendum to its audited financial results for Q4 and FY26, correcting a classification error in the Cash Flow Statement. Investment in fixed deposits was incorrectly shown under Operating Activities instead of Investing Activities, making operating cash flow appear negative. The company clarified this was purely a classification issue with no impact on actual financial results. Consolidated revenue grew 27.7% to Rs.25,628 lakhs while net profit rose 59.5% to Rs.7,910.50 lakhs year-on-year. Standalone revenue increased to Rs.22,538 lakhs with net profit of Rs.7,795 lakhs. The auditor issued an unqualified opinion with emphasis of matter regarding Rs.24.89 crore outstanding from Dredging Corporation of India for over a year.
The classification error has been corrected and does not change the company's financial position. Strong revenue and profit growth (27.7% and 59.5% respectively) are positive signals, though the outstanding claim of Rs.24.89 crore remains a watch item for investors.