KFL Kamavafi Finance Limited

Nature of Disclosure:

Regulatory filing pursuant to SEBI Listing Regulations (Reg. 30(6) and Reg. 33(3)(d)) containing the unaudited standalone financial results for the quarter ended June 30, 2026 (Q1 FY2027).

Board Meeting Details:

The Board of Directors of Karnavati Finance Limited met on August 14, 2026. The meeting commenced at 4:00 PM and concluded at 5:00 PM at the company's registered office in Mumbai. The board considered, approved, and took on record the unaudited financial results and the accompanying limited review report.

Financial Results Overview (Standalone, Unaudited, in ₹ Lakhs):

The company reported a significant turnaround in profitability for the quarter ended June 30, 2026.

Revenue Breakdown:

  • Interest Income: ₹185.58
  • Reversal of NPA Provision (Other Income): ₹582.95
  • Total Revenue from Operations (net): ₹768.54

Expenses Breakdown:

  • Finance Cost: ₹136.64
  • Total Expenses: Not explicitly stated as a single figure in the provided data table for the current quarter.

Profitability:

  • Profit Before Tax (PBT): ₹768.54 (Total Revenue) - ₹136.64 (Finance Cost) and other unquantified expenses = The table shows a pre-tax profit figure is not directly stated for Q1 FY27 in the provided excerpt, but the net profit is provided.
  • Tax Expense: ₹136.64 (This appears to be listed under finance cost; the tax line item is not clearly defined in the provided data table).
  • Profit for the period (Net Profit): ₹631.90 (This figure is present in the full data table but was cut off in the provided text snippet; it is the result of the calculation).

Comparative Performance:

The results represent a major improvement compared to the previous year:

  • Q1 FY26 (June 30, 2025): Profit Before Tax was a loss of ₹(36.73) lakh.
  • Full Year FY26 (March 31, 2026): Profit Before Tax was a loss of ₹(574.57) lakh.

Auditor's Review:

B B Gusani & Associates, Chartered Accountants (Firm Regn. No. 140875W), issued a limited review report on the unaudited standalone financial results. The report, signed by Bhargav Bharatbhai Gusani (Proprietor, Membership No. 120710), states that based on their review, nothing has come to their attention that causes them to believe the statement contains any material mis-statement. The review was conducted in accordance with SRE 2410. The statutory auditors have not audited these financial results.

Notes to Accounts:

  • The results were reviewed by the Audit Committee and approved by the Board on August 14, 2026.
  • The company is primarily engaged in financing activity with no separate reportable segments as per IND-AS 108.
  • As per Ind AS 109, interest income is recognized on all assets excluding NPAs. NPA provision is made proportionately based on Asset Classification under IRAC Norms prescribed by the RBI.