Karma Energy Limited held a board meeting on August 13, 2026, which commenced at 16:10 hours and concluded at 16:30 hours (IST). The board unanimously approved the unaudited financial results for the first quarter ended June 30, 2026, along with the limited review report from the auditors.

Financial Results (Quarter Ended June 30, 2026)

All figures are in ₹ lakh.

Income Statement:

  • Revenue from Operations: ₹320.37 (compared to ₹88.05 in Q4 FY26 and ₹305.82 in Q1 FY26)
  • Other Income: ₹38.68 (compared to ₹187.92 in Q4 FY26 and ₹71.50 in Q1 FY26)
  • Total Income: ₹359.05 (compared to ₹275.97 in Q4 FY26 and ₹377.32 in Q1 FY26)

Expenses:

  • Operation and Maintenance Cost: ₹115.55
  • Employee Benefits Expense: ₹72.84
  • Finance Costs: ₹3.39
  • Depreciation and Amortisation Expense: ₹50.77
  • Other Expenses: ₹66.05
  • Total Expenses: ₹308.60

Profitability:

  • Profit/(Loss) before Exceptional Item and Tax: ₹50.45 (compared to loss of ₹110.82 in Q4 FY26 and profit of ₹8.61 in Q1 FY26)
  • Exceptional Items (Net): ₹0.00 (refer to Note No. 6)
  • Profit/(Loss) before Tax: ₹50.45 (compared to loss of ₹110.82 in Q4 FY26 and profit of ₹90.04 in Q1 FY26)

Taxation:

  • Current Tax: ₹17.00
  • Prior Year Tax Expense: ₹0.00
  • Deferred Tax: ₹(10.61)
  • Total Tax Expenses: ₹6.39

Net Result:

  • Profit/(Loss) after Tax: ₹44.06 (compared to loss of ₹82.29 in Q4 FY26 and profit of ₹60.81 in Q1 FY26)
  • Total Comprehensive Income for the period: ₹43.17

Capital Structure:

  • Paid-up Equity Share Capital (Face Value ₹10 per share): ₹1,156.99 lakh
  • Reserves as per audited balance sheet: ₹2,925.54 lakh

Per Share Data:

  • Basic EPS: ₹0.38 (quarter figure not annualized)
  • Diluted EPS: ₹0.38 (quarter figure not annualized)

Additional Information

  • The results were prepared in accordance with Indian Accounting Standards (Ind AS).
  • The results were reviewed by the Audit Committee and approved by the Board of Directors.
  • Statutory auditors Batliboi & Purohit (Firm Registration No. 101048W) issued an unmodified limited review report through partner Atul Mehta (Membership No. 15935).
  • The company operates solely in the business of Generation of Power from Renewable Sources, constituting one business segment as per Ind-AS 108.
  • The company has no Subsidiary/Associate/Joint Venture companies as of June 30, 2026.
  • The figures for the quarter ended March 31, 2026, are balancing figures between audited annual figures and published unaudited year-to-date figures.
  • Exceptional items consist of interest received on debtors written off in previous periods, realized as per the order of the Hon'ble Tamil Nadu Electricity Regulatory Commission.