Kridhan Infra Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
KRIDHANINF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kridhan Infra Limited submitted its Q1 FY26 results (quarter ended June 30, 2025) for both standalone and consolidated bases. Revenue from operations stood at ₹154.25 lakhs with total income of ₹154.44 lakhs (standalone). The company reported a profit before tax of ₹123.06 lakhs standalone and ₹123.14 lakhs consolidated, turning around from a loss of ₹4.83 lakhs in the same quarter last year. However, a large chunk of this profit — ₹91.55 lakhs standalone — came from exceptional items, not core operations. EPS was ₹0.13. The statutory auditor (B.R. Kotecha & Co.) issued an unmodified opinion, but flagged in Note 6 that the company has accumulated losses and its net worth is fully eroded. The management plans to raise equity through a preferential allotment of equity shares/warrants to support growth and continue as a going concern.
The fully eroded net worth and accumulated losses flagged by the auditor is a serious concern for shareholders, even though the auditor's opinion remains unmodified. The quarterly profit is largely driven by exceptional items rather than sustainable operations. The planned preferential allotment could strengthen the balance sheet if executed, but until then, the stock carries going-concern risk.