Announced Wed, 12 Nov · 19:57 IST

Approval of unaudited financial results for the quarter ended 30th September 2025

Going ConcernAdverse OpinionRevenue DeclinePat NegativeEbitda Margin CompressionAuditor Mid Year ChangeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shree Krishna Infrastructure reported a sharp deterioration in its H1 FY26 results, swinging to a loss of Rs 109.39 lakhs from a profit of Rs 2.41 lakhs in H1 FY25, while revenue from operations fell to Rs 30.88 lakhs from Rs 43.29 lakhs a year earlier. Total expenses ballooned nearly 3.7x to Rs 150.21 lakhs, driven mainly by employee costs rising to Rs 100.71 lakhs and other expenses jumping to Rs 42.75 lakhs. Cash from operations was deeply negative at Rs (454.55) lakhs, leaving cash and bank balances at just Rs 0.38 lakhs versus Rs 328.76 lakhs at March-end, and other equity turned negative at Rs (19.16) lakhs. The statutory auditor (NKSC & Co.) issued a Disclaimer of Opinion, stating the new management could not provide sufficient financial records to verify transactions, and noted reliance on the previous auditor Bharat Gupta & Co.

Likely market impact

Highly negative for shareholders — the auditor has refused to give any opinion on the numbers, cash is almost exhausted, reserves have turned negative, and earnings have collapsed into a large loss, signalling serious governance and going-concern risks that could weigh heavily on the stock.