KUNDANMMNSEKundan Minerals and Metals LimitedHighNeutral
Announced Thu, 13 Aug, 2026 · 16:19 IST
Kundan Minerals Q1 loss at Rs 418 lakh, revenue drops sharply
Revenue declinedNet loss reportedRelated-party transactionsContingent liabilities increasedResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Kundan Minerals posted a standalone loss after tax of Rs 418.34 lakhs in Q1 FY27 versus a profit of Rs 97.75 lakhs a year ago. Revenue from operations fell to Rs 80.70 lakhs from Rs 699.70 lakhs in the previous quarter. Total expenses surged to Rs 776.17 lakhs, driven by Rs 705.98 lakhs in other expenses. The board also appointed Ms Priya Khandelwal as Independent Director for five years. Notes flag a pending DRI search and an Income Tax survey on the company.
Likely market impact
Sharp swing to loss and revenue slump signal weak quarter; pending DRI and tax surveys remain risk overhangs for shareholders.