Audited Financial Results for the Quarter and year ended on 31st March 2026
KRIDHANINF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kridhan Infra Ltd reported audited financial results for FY 2025-26. Standalone revenue grew 34% to Rs 344.39 Lakhs from Rs 257.67 Lakhs, while consolidated revenue increased to Rs 460.02 Lakhs. However, net profit dropped significantly to Rs 220.53 Lakhs (standalone) from Rs 7,231.81 Lakhs in the previous year, primarily due to much lower exceptional item reversals of Rs 116.11 Lakhs versus Rs 7,207.33 Lakhs last year. The company's auditors, Jignesh Savla & Associates, issued qualified opinions on both standalone and consolidated results due to substantial doubt about the company's ability to continue as a going concern. The company has accumulated losses resulting in negative net worth of Rs 26,740.10 Lakhs. Management stated they are taking steps to increase equity base through preferential allotment of equity/warrants to support business growth.
The qualified audit opinion and negative net worth signal significant financial distress. While revenue growth appears positive, the company is technically insolvent with equity wiped out. Shareholders should be cautious as the going concern qualification raises substantial doubt about the company's survival.