Board Meeting Details

The Board of Directors of Kranti Industries Limited met on Thursday, August 13, 2026. The meeting commenced at 11:30 AM IST and concluded at 02:30 PM IST.

Key Items Approved

The Board considered and approved the following items:

  • The Unaudited Standalone Financial Results for the quarter ended June 30, 2026, along with the limited review report thereon.
  • The Unaudited Consolidated Financial Results for the quarter ended June 30, 2026, along with the limited review report thereon.

Standalone Financial Performance (Q1 FY27)

Income:

  • Revenue from Operations: ₹2,546.56 lakhs (Q1 FY26: ₹2,008.22 lakhs; Q4 FY26: ₹2,931.40 lakhs)
  • Other Income: ₹25.17 lakhs (Q1 FY26: ₹27.96 lakhs; Q4 FY26: ₹82.59 lakhs)
  • Total Income: ₹2,571.73 lakhs (Q1 FY26: ₹2,036.18 lakhs; Q4 FY26: ₹3,013.99 lakhs)

Expenses:

  • Cost of Material Consumed: ₹1,564.12 lakhs
  • Changes in Inventories: (₹278.81) lakhs
  • Employee Benefit Expenses: ₹550.88 lakhs
  • Finance Cost: ₹127.71 lakhs
  • Depreciation and Amortization: ₹198.89 lakhs
  • Other Expenses: ₹422.74 lakhs
  • Total Expenses: ₹2,585.53 lakhs

Profit/(Loss):

  • Profit/(Loss) before tax: (₹13.80) lakhs (Q1 FY26: ₹100.95 lakhs profit; Q4 FY26: (₹49.59) lakhs loss)
  • Tax Expenses: Deferred Tax of (₹8.27) lakhs
  • Net profit/(loss) after tax: (₹5.53) lakhs (Q1 FY26: ₹66.64 lakhs profit; Q4 FY26: (₹10.84) lakhs loss)
  • Other Comprehensive Income: ₹0.00 lakhs
  • Total Comprehensive Income: (₹5.53) lakhs

Capital & Reserves:

  • Paid-up Equity Share Capital (Face Value ₹10): ₹1,276.04 lakhs
  • Reserves: ₹3,314.72 lakhs

Consolidated Financial Performance (Q1 FY27)

Income:

  • Revenue from Operations: ₹2,546.56 lakhs
  • Other Income: ₹25.17 lakhs
  • Total Income: ₹2,571.73 lakhs

Expenses:

  • Total Expenses: ₹2,585.53 lakhs

Profit/(Loss):

  • Profit for the period before share in profit of associate: (₹13.80) lakhs
  • Share of profit/(loss) of associate (Krako Precision): (₹3.55) lakhs
  • Profit/(Loss) before tax: (₹17.35) lakhs
  • Tax Expenses: Deferred Tax of (₹8.27) lakhs
  • Profit/(loss) after tax for the period: (₹9.08) lakhs
  • Total Comprehensive Income: (₹9.08) lakhs
  • Profit attributable to Owners of the Company: (₹9.08) lakhs

Capital & Reserves:

  • Paid-up Equity Share Capital: ₹1,276.04 lakhs
  • Reserves: ₹3,122.62 lakhs
  • Earnings per Share (EPS): (₹0.07)

Material Corporate Developments

1. Deconsolidation of Preciso Metal Private Limited: The company ceased to exercise control over Preciso Metal Private Limited effective March 27, 2026, due to a change in shareholding (decreased from 55.00% to 47.66%). The entity was deconsolidated from the consolidated financial statements from that date.

2. Acquisition of Krako Precision Private Limited: The group acquired a 35% equity stake in Krako Precision Private Limited on October 22, 2025. It is now accounted for as an associate using the equity method. The associate commenced commercial operations in Q1 FY27, and its loss of ₹3.55 lakhs is included in the consolidated results.

Notes to Financial Statements

  • The financial results were reviewed by the Audit Committee and approved by the Board on August 13, 2026.
  • The results are prepared in accordance with Indian Accounting Standards (Ind-AS).
  • The company has only one reportable segment.
  • Previous period figures have been regrouped/reclassified where necessary.
  • The results are available on the company's website: www.krantigrp.com.

#Tags: #KrantiIndustries #Q1Results #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Negative