Outcome of Board Meeting held on May 22, 2026
KSR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
KSR Footwear Ltd reported audited standalone financial results for Q4 and full year ended March 31, 2026. Revenue from operations declined to Rs 1,999.46 crore from Rs 2,057.07 crore in the previous year, representing a revenue decline of approximately 2.8%. The company reported a loss before tax of Rs 163.49 lakh for FY26 compared to a loss of Rs 150.14 lakh in FY25. Total comprehensive income for the year was negative at Rs 128.84 lakh. The auditors from M/s Agarwal & Associates issued an unmodified (clean) opinion on the financial statements. An exceptional item of Rs 5.05 million was recorded related to statutory impact of new Labour Codes. The results include restated comparative figures as Khadim India Limited demerged its distribution business into KSR Footwear effective May 1, 2025.
The company continues to operate at a loss with declining revenues, which is a concern for shareholders. However, the clean audit opinion provides some comfort regarding financial reporting integrity. The stock listed in November 2025 following the demerger may face pressure given the loss-making position.