Kundan Minerals and Metals Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Awaiting price reaction for this filing.
Kundan Minerals and Metals Limited reported audited standalone FY2026 results with Total Income of Rs. 1,728.46 lakhs and PAT of Rs. 259.24 lakhs, compared to FY2025 figures of Rs. 395,867.94 lakhs and Rs. 12,579.79 lakhs respectively - a massive revenue decline of over 99%. On a consolidated basis, PAT stood at Rs. 1,375.32 lakhs for FY2026. The statutory auditors issued an UNMODIFIED (clean) opinion on both standalone and consolidated results. The company's equity shares remain suspended from trading on BSE and NSE since October 2023 following NCLT-approved resolution plan under IBC. An Income Tax survey was conducted in January 2026 and a DRI search in December 2025. The company re-appointed S Lall Vikas & Co. as internal auditors for FY2026-27.
The company witnessed catastrophic revenue decline of over 99% on standalone basis compared to prior year, though auditors gave clean opinion confirming no going concern issues. Trading suspension remains in effect while company seeks revocation and re-listing approval.