KNR Constructions Limited.

Board Approvals

The Board of Directors considered and approved the following items:

1. Unaudited Financial Results: Approved the unaudited standalone and consolidated financial results for the quarter ended 30th June 2026, along with the Limited Review Report for the said period.

2. Material Related Party Transactions:

  • Approved a transaction with KNRHC Baidyanath Banhardih Coal Mine Private Limited, a subsidiary of the Company. This approval is subject to the recommendation of the Audit Committee and subsequent approval by the members of the Company at the ensuing Annual General Meeting (AGM).
  • Approved a transaction with KNR-SIML (JV), a related party of the Company. This approval is also subject to the recommendation of the Audit Committee and subsequent approval by the members at the ensuing AGM.

3. 31st Annual General Meeting (AGM): Approved the draft notice for the 31st AGM, scheduled to be held on Friday, 25th September 2026 at 12:30 PM through Video Conferencing or Other Audio Visual Means.

4. Reports: Approved the Draft Directors' Report for the year ended 31st March 2026 along with its annexures, the Corporate Governance Report, and the Management Discussion and Analysis Report.

5. Scrutinizer Appointment: Appointed Mr. Vikas Sirohiya (Membership No. 15116, CP No. 5246), a Practicing Company Secretary, as the Scrutinizer to conduct the e-voting process for the 31st AGM in a fair and transparent manner.

6. Dividend Record Date: Fixed the record date for the payment of dividend as 15th September 2026.

Statement of Unaudited Standalone Financial Results (Q1 FY27)

(All figures in ₹ Lakhs, except per share data)

Income:

  • Revenue from Operations: ₹43,668.89
  • Other Income: ₹392.37
  • Total Income: ₹44,061.26

Expenses:

  • Cost of materials consumed: ₹17,425.35
  • Sub contract expenses: ₹685.68
  • Spreading & Assortment expenses: ₹10,872.28
  • Employee benefits expense: ₹3,208.51
  • Finance Costs: ₹996.01
  • Depreciation and amortization expense: ₹204.61
  • Other expenses: ₹4,927.04
  • Total Expenses: ₹38,319.48

Profitability:

  • Profit before exceptional items and tax: ₹5,741.78
  • Exceptional Items - Income: ₹(28,533.06) [Refer Note 4]
  • Profit before tax: ₹34,274.84

Tax Expense:

  • Current Tax: ₹5,189.05
  • Tax relating to earlier years: ₹8.69
  • Deferred Tax: ₹848.92
  • Total Tax Expense: ₹6,046.66

Net Profit:

  • Net Profit after tax: ₹28,228.18

Earnings Per Share (EPS) (not annualized):

  • Basic EPS: ₹10.04
  • Diluted EPS: ₹10.04

Paid-up equity share capital: ₹5,624.70 Lakhs (Face Value ₹2 per share)

Statement of Unaudited Consolidated Financial Results (Q1 FY27)

(All figures in ₹ Lakhs, except per share data)

Income:

  • Revenue from Operations: ₹58,794.47
  • Other Income: ₹1,200.64
  • Total Income: ₹59,995.11

Expenses:

  • Total Expenses: ₹55,521.14

Profitability:

  • Profit before exceptional items and tax: ₹4,473.97
  • Exceptional Items - Income: ₹(11,317.07) [Refer Note 4]
  • Profit before tax: ₹15,791.04

Tax Expense:

  • Total Tax Expense: ₹8,434.30

Net Profit:

  • Net Profit after tax: ₹7,356.74
  • Share of profit of associates and joint controlled entity: ₹715.72
  • Net Profit after tax and share of profit: ₹8,072.46
  • Attributable to shareholders of the Company: ₹8,080.83
  • Attributable to non-controlling interest: ₹(8.37)

Earnings Per Share (EPS) (not annualized):

  • Basic EPS: ₹2.87
  • Diluted EPS: ₹2.87

Notes to the Financial Results

Note 4 (Standalone & Consolidated): During the quarter ended June 30, 2026, the Company transferred its 100% equity share capital in two subsidiary companies, KNR Palani Infra Private Limited & KNR Ramagiri Infra Private Limited, for a consideration of ₹43,080.23 Lakhs. The gain on this sale is classified as exceptional income. The resultant tax impact of ₹4,080.23 Lakhs is included in current tax for the standalone results. For consolidated results, a loss of ₹11,317.07 Lakhs due to IND AS adjustments is shown in Other Expenses, with no cash flow impact.

Note 5 (Standalone & Consolidated): Trade receivables, retention amounts, and unbilled amounts include ₹1,37,309.28 Lakhs as of June 30, 2026 (₹1,36,331.90 Lakhs as of March 31, 2026) relating to the Kaleswaram Package 4 Irrigation Project. Management, based on contractual terms and internal assessment, considers these dues good for recovery and is fully confident of recovering present and future dues for this project. The auditors have included an Emphasis of Matter paragraph regarding this note.

Note 6: The Company/Group is primarily engaged in "Construction and Engineering activities" and is considered a single operating segment.

Auditor's Limited Review Report

The standalone and consolidated financial results were reviewed by the statutory auditors, K. P. Rao & Co. Chartered Accountants. The review report includes an Emphasis of Matter drawing attention to Note 5 regarding the Kaleswaram project dues. The review report also details reliance on other auditors for reviewing the financial information of numerous subsidiaries, joint operations, and associates. The auditors concluded that nothing has come to their attention to believe the statements contain any material misstatement.