Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Krishna Filament Industries reported nil revenue from operations for both Q2 FY26 and H1 FY26, with total income also at zero versus Rs 8 lakh in H1 FY25 (other income only). The company posted a net loss of Rs 1.89 lakh in Q2 FY26 and Rs 3.79 lakh in H1 FY26, swinging from a profit of Rs 4.17 lakh in H1 FY25. Total expenses stood at Rs 3.79 lakh for H1 FY26, almost entirely employee costs and other expenses. The balance sheet shows a sharply negative net worth of Rs (288.06) lakh, with other equity at Rs (1,066.69) lakh and non-current borrowings of Rs 292.65 lakh against just Rs 4.19 lakh in cash. The statutory auditor (P R Agarwal & Awasthi) issued an unmodified limited review report with no qualifications.
For shareholders, the picture is concerning: zero operating revenue, continuing losses, and a fully eroded net worth raise serious going-concern doubts. The stock is likely to see a negative reaction given the deteriorating fundamentals and lack of any business activity.