Un-Audited Standalone & Consolidated Financial Results for the quarter ended June, 2025
Awaiting price reaction for this filing.
KDJ Holidayscapes announced Q1 FY26 (quarter ended June 30, 2025) unaudited results alongside audited results for FY25. For FY25, standalone total income was just Rs. 1.37 lakhs with a net loss of Rs. 42.22 lakhs (EPS of -Rs. 4.22), while consolidated net loss was Rs. 73.69 lakhs. Total assets stood at Rs. 964.47 lakhs (standalone) and Rs. 6,673.46 lakhs (consolidated), with net worth of Rs. 893.91 lakhs and Rs. 1,076.94 lakhs respectively. The company recorded an exceptional loss of Rs. 11.97 lakhs from writing off Rs. 1,932.27 lakhs of assets and Rs. 1,920.30 lakhs of liabilities as per the NCLT order. The Board appointed two new independent directors and reconstituted three key committees. A clarification was filed for the one-day delay in submitting results, attributed to technical difficulties.
Shareholders should note the auditor issued a Disclaimer of Opinion on the audited results due to inability to verify multiple account balances and physical assets — a serious red flag that reduces confidence in the reported numbers. The company recently exited a multi-year CIRP process (resolution plan approved March 4, 2025), and operational scale remains negligible with revenues of just Rs. 1.37 lakhs. Existing shareholders face dilution risk as the resolution plan involves issuing shares to public shareholders in a 1:998 ratio.