Kridhan Infra Limited has informed the Exchange regarding Board meeting held on August 14, 2025.
KRIDHANINF · price
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Kridhan Infra's board, meeting on August 14, 2025, approved the unaudited standalone and consolidated financial results for Q1 FY26. Standalone revenue from operations stood at ₹154.25 lakhs versus nil in the same quarter last year, while net profit came in at ₹123.06 lakhs against a loss of ₹4.83 lakhs in Q1 FY25. However, most of this profit came from exceptional items of ₹91.55 lakhs; profit before exceptional items and tax was only ₹31.59 lakhs. The statutory auditor, B.R. Kotecha & Co., issued an unmodified (clean) opinion on the results but flagged an emphasis-of-matter note stating that the company has accumulated losses and its net worth is fully eroded, casting a going-concern doubt. Management cited upcoming preferential allotment of equity/warrants as a way to shore up the equity base. Notably, the consolidated results exclude subsidiary Readymade Steel Singapore and associate Vijay Nirman Company.
While headline numbers look like a turnaround, investors should treat the Q1 profit with caution since it is largely driven by one-time exceptional items and the auditor has flagged that the company's net worth is completely wiped out. The going-concern qualification and dependence on a future equity infusion to stay solvent are significant risks; the stock could see volatility depending on progress of the planned preferential allotment.