Kohinoor Foods Limited has informed the Exchange regarding 'Outome of Board Meeting'.
KOHINOOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kohinoor Foods Limited reported standalone revenue of Rs 8,519 Lakhs and consolidated revenue of Rs 14,771 Lakhs for FY ended March 2026. The company posted a standalone net profit of Rs 8,765 Lakhs and consolidated net profit of Rs 8,753 Lakhs, driven primarily by an exceptional gain of Rs 9,271 Lakhs from the sale of its Rice Plant at Murthal for Rs 190 Crores. However, the company reported an operating loss before exceptional items. The auditor issued a qualified opinion citing: (1) non-provision of interest on revoked corporate guarantee of the US subsidiary (Rs 318.42 Lakhs for the year, Rs 1,528.28 Lakhs cumulative); and (2) material uncertainty about going concern due to continuous operational losses and negative net worth. Multiple legal/regulatory matters are pending including DRT orders (INR 926.13 Crores claim), NCLT petitions, and a SEBI show cause notice. Prior period restatement of Rs 844.87 Lakhs was also made.
The company shows artificial profitability due to the one-time rice plant sale gain, masking underlying operational distress. The qualified audit opinion, negative net worth, and multiple pending litigations signal high risk. Shareholders should remain cautious despite reported profits.