Krsnaa Diagnostics Limited has informed the Exchange regarding 'Corporate Action- Fixation of Book Closure Date'.
KRSNAA · price
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Krsnaa Diagnostics reported its Q1FY26 results alongside board meeting decisions. Consolidated revenue from operations rose to Rs. 1,929.78 million (up ~13.4% YoY from Rs. 1,702.32 million), with consolidated profit after tax at Rs. 205.20 million (up ~14.5% YoY). Standalone revenue grew modestly to Rs. 1,756.15 million with PAT of Rs. 195.62 million. The board recommended a final dividend of Rs. 2.75 per share for FY25, with the record date set as September 12, 2025. The 15th AGM is scheduled for September 25, 2025, with book closure from September 13 to September 25, 2025. The auditor (MSKA & Associates) flagged an emphasis of matter regarding an income tax demand of Rs. 513.86 million arising from search and seizure proceedings for AY 2017-18 and AY 2020-21 to 2023-24, of which Rs. 102.77 million has been paid under protest. Management believes the demand is not tenable and will not have a material impact.
The Q1 results show steady single-digit to mid-teen growth, broadly in line with expectations, and the final dividend of Rs. 2.75 is a routine capital return. The Rs. 513.86 million tax demand is a notable overhang — even though management views it as not tenable, investors should monitor the appeal outcome, as an adverse ruling could affect earnings.