Kundan Minerals and Metals Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
Awaiting price reaction for this filing.
Kundan Minerals and Metals has filed its Q3 FY26 and nine-months FY26 results, both standalone and consolidated, approved by the Board on Feb 13, 2026. Statutory auditor Ashwani & Associates issued an unqualified limited review report with no qualifications. On the standalone side, revenue from operations for Q3 was around Rs 19,260 lakhs and 9M FY26 around Rs 95,608 lakhs, with profit after tax for 9M FY26 of about Rs 5,601 lakhs (prior year 9M: ~Rs 5,198 lakhs). The company acquired the remaining 51% stake in Kundan Gold Mines during the quarter, making it a wholly owned subsidiary, and had previously acquired 100% of Kundan Concentrates Pvt Ltd. Two regulatory events are disclosed: a DRI search on Dec 6, 2025 and an Income Tax survey under Sec 133A on Jan 28, 2026 – both pending with no show-cause notice yet.
Clean auditor review and steady profit growth are neutral-to-positive, but the ongoing DRI and Income Tax investigations are a material overhang that investors should monitor, as they could lead to tax/duty demands and create uncertainty in the near term.