The Exchange had sought clarification from Krishival Foods Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results submitted is not as per format prescribed by SEBI -2. Financial results submitted in XBRL with discrepancies The response of the Company is enclosed.
KRISHIVAL · price
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Krishival Foods has responded to NSE's queries about its FY25 (ended March 31, 2025) financial results filing. The exchange had flagged three issues: the auditor-signed statement on use of funds was missing, the machine-readable copy was not submitted, and the XBRL filing contained an incorrect EPS figure. The company has now resubmitted the signed statement, a legible copy of results, and corrected the XBRL to reflect the right EPS of Rs. 2.36 per share for H2 FY25. Along with the clarification, the company has also published its audited results showing standalone revenue jumping from Rs. 10,476 lakhs in FY24 to Rs. 17,323 lakhs in FY25, and standalone profit after tax rising from Rs. 951 lakhs to Rs. 1,354 lakhs. Consolidated revenue nearly doubled to Rs. 20,631 lakhs and consolidated PAT grew to Rs. 1,355 lakhs, aided by newly consolidated subsidiaries. The board has recommended a final dividend of Rs. 0.24 per share.
The resubmission fixes an administrative XBRL error but the underlying numbers are strong — revenue roughly doubled and profits grew over 40% YoY, which is positive for shareholders. The small final dividend (Rs. 0.24 on a Rs. 10 face value) is a modest reward, while the successful first-time Ind AS transition and clean (unmodified) auditor opinion should ease compliance concerns.