Krishna Filament Q1 profit of Rs 9.75L on other income only; new auditor proposed
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Krishna Filament Industries posted Q1 FY27 net profit of Rs 9.75 lakhs against a loss of Rs 1.90 lakhs a year ago, but this came entirely from other income of Rs 12 lakhs as revenue from operations was zero. The board approved Q1 results and recommended appointing M/s. VCA & Associates as new statutory auditor for 2 years, replacing M/s. P R Agarwal & Awasthi at the upcoming AGM. Other equity stands negative at Rs 1,053.50 lakhs versus share capital of Rs 778.63 lakhs, pointing to eroded net worth.
Profit is from non-operational income only; zero business revenue and deeply negative reserves remain key concerns despite auditor change.