Outcome of Board Meeting
KRBL · price
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KRBL's Board approved Q1 FY26 (ended June 30, 2025) standalone and consolidated unaudited results. Standalone revenue from operations jumped to Rs 1,58,435 lakh vs Rs 1,19,918 lakh in Q1 FY25 (~32% growth), while profit after tax rose to Rs 15,050 lakh vs Rs 8,644 lakh (~74% growth), with EPS of Rs 6.57 vs Rs 3.78. The Board also proposed adding 'real-estate development and allied activities' to the Object Clause of the MoA, signalling a diversification move beyond its core rice/agri business. Additionally, the 32nd AGM was scheduled for September 24, 2025, with September 17, 2025 set as the record date for the final dividend. M/s. HMVN & Associates were re-appointed as Cost Auditors for FY25-26.
Strong Q1 performance with double-digit revenue and profit growth is positive for shareholders, but the auditor's qualified review report — tied to the ongoing Enforcement Directorate probe into the Joint Managing Director over the Agusta Westland case — remains an overhang on sentiment. The proposed move into real estate is a notable strategic shift that will need shareholder approval.