According to Regulation 30, Regulation 33, and any other applicable provision of SEBI (Listing Obligations & Disclosure Requirements) Regulation 2015, we wish to inform you that the Board ....
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Kothari Fermentation & Biochem Ltd reported weak Q1 FY26 results, swinging to a net loss of Rs. 112.46 lakhs versus a profit of Rs. 109.78 lakhs in the same quarter last year. Revenue from operations declined to Rs. 2,375.31 lakhs from Rs. 2,635.52 lakhs, a drop of nearly 10%, while total expenses rose slightly to Rs. 2,464.01 lakhs, pushing the company into a pre-tax loss of Rs. 88.70 lakhs. The statutory auditor flagged an emphasis of matter regarding PF dues of Rs. 9.59 lakhs outstanding for over six months. The board also approved the appointment of a new secretarial auditor, re-appointment of Mr. Siddhant Kothari as Whole-Time Director, and accepted the resignation of Independent Director Dr. Rajiv Agarwal, replacing him with Mr. Varun Kumar. The 35th AGM is scheduled for September 30, 2025.
Negative near-term sentiment as the company reported a quarterly loss after being profitable last year, with revenue contraction and rising costs compressing margins. Shareholders should watch for recovery in the coming quarters and note the small overdue PF statutory dues highlighted by auditors, though the opinion remains unmodified.