Outcome of board meeting and submission of financial results for the quarter ended on June 30, 2025.
SHRIKRISH · price
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Shri Krishna Devcon Limited's board, at its meeting on August 14, 2025, approved unaudited standalone and consolidated financial results for Q1 FY26. Income from operations fell to Rs. 483.88 lakhs from Rs. 666.80 lakhs in Q1 FY25, a YoY decline of roughly 27%. Despite the revenue drop, net profit rose about 10% YoY to Rs. 142.43 lakhs (from Rs. 129.59 lakhs), aided by lower operating expenses and a one-time benefit from a Rs. 174.08 lakh reduction in inventory. Basic EPS stood at Rs. 0.51 vs Rs. 0.46 last year. The statutory auditor (Khandelwal & Khandelwal Associates) issued a clean, unmodified limited review report on both the standalone and consolidated results. The company operates in a single segment — real estate.
Short-term: the headline revenue decline may weigh on sentiment, but stable-to-rising profitability and a clean auditor review are positives. For shareholders, the quality of earnings depends on whether the inventory drawdown is sustainable, so investors should watch the next couple of quarters for a clearer trend in real estate sales.