Submission of Extract of Newspaper Publication of Audited Financials Results for the quarter and financial year ended on March 31st 2026
Awaiting price reaction for this filing.
Starlit Power Systems Ltd (formerly KDG Properties & Construction Ltd) submitted its audited financial results for Q4 and FY26 ended March 31, 2026, published in newspapers as per SEBI regulations. The company reported Q4 net profit of Rs. 0.07 crore, down 98.7% from Rs. 5.24 crore in Q4 FY25. Q4 revenue from operations declined to Rs. 2.93 crore from Rs. 3.25 crore. For the full year FY26, total income fell to Rs. 9.04 crore from Rs. 22.51 crore in FY25. FY26 net profit was Rs. 0.20 crore versus Rs. 11.50 crore in FY25, a decline of over 98%. The significant drop is attributed to lower other income (Rs. 0.53 crore vs Rs. 7.31 crore). EPS for FY26 was just Rs. 0.05 compared to Rs. 3.00 in FY25. The Board approved results on May 25, 2026.
The company has reported a sharp deterioration in profitability with over 98% decline in net profit for both Q4 and full year FY26. This indicates substantial operational weakness and loss of non-operating income. Shareholders should be cautious as the stock may face significant negative sentiment given the dramatic decline in earnings.