Audited Financial Results for the Financial Year ended on March 31, 2026 along with Audit Report thereon.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kush Industries Ltd (formerly SNS Textiles Ltd) reported audited results for FY2025-26 with an unmodified audit opinion. The company posted a net loss of Rs. 4.91 lakh for the year, slightly improved from Rs. 5.21 lakh loss in FY2024-25. Revenue from operations was negligible at Rs. 0.92 lakh, while other income contributed Rs. 9.58 lakh. The balance sheet shows serious concerns with negative equity of Rs. 728.93 lakh and accumulated negative reserves of Rs. 2,213.60 lakh. Cash and cash equivalents declined from Rs. 97.87 lakh to Rs. 35.91 lakh. The company appointed M/s. Kashyap R. Mehta & Partners as secretarial auditors to fill a casual vacancy caused by the resignation of M/s. Nishant Pandya & Associates.
The company is technically insolvent with negative net worth and requires significant turnaround. Despite improvements in losses and a clean audit, the weak financial position and negative operating cash flow of Rs. 16.80 lakh present risks for shareholders. The stock remains a speculative investment given the minimal revenue base.