Krishanveer Forge Limited submitted its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27) to BSE Limited pursuant to SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, specifically Regulation 33.

Financial Performance Highlights (₹ in Lakhs)

Income Statement:

  • Revenue from Operations: ₹2,213.665 lakhs (₹221.37 crore) for Q1 FY27
  • Other Income: ₹45.770 lakhs
  • Total Income: ₹2,481.768 lakhs

Expense Breakdown:

  • Cost of materials consumed: ₹1,334.793 lakhs
  • Employee benefit expense: ₹145.360 lakhs
  • Finance Cost: ₹5.292 lakhs
  • Depreciation and amortization: ₹38.465 lakhs
  • Gas Consumption: ₹487.551 lakhs
  • Other expenses: ₹311.561 lakhs
  • Total Expenses: ₹1,983.758 lakhs

Profitability Metrics:

  • Profit before tax: ₹275.677 lakhs
  • Tax Expense: ₹78.157 lakhs (Current Tax) and ₹(2.076) lakhs (Deferred Tax)
  • Profit for the period from continuing operations: ₹199.596 lakhs (₹19.96 crore)
  • No discontinuing operations reported

Comparative Performance:

  • Q1 FY27 vs Q4 FY26: Revenue decreased from ₹2,434.508 lakhs to ₹2,213.665 lakhs
  • Q1 FY27 vs Q1 FY26: Revenue decreased from ₹2,364.312 lakhs to ₹2,213.665 lakhs
  • Net profit declined from ₹575.489 lakhs in Q4 FY26 to ₹199.596 lakhs in Q1 FY27

Capital Structure:

  • Paid-up equity share capital: ₹1,093.940 lakhs (Face Value ₹10 per share)
  • Earnings per share (Basic): ₹1.825
  • Earnings per share (Diluted): ₹1.825

Regulatory Compliance and Approval

The unaudited financial results were:

  • Reviewed by the Audit Committee
  • Approved by the Board of Directors
  • Both meetings held on August 05, 2026

Accounting Standards and Review

  • Prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015 under Section 133 of Companies Act, 2013
  • Compliance with SEBI Listing Regulations Regulation 33 and 52
  • Statutory Auditors (Gokhale Tanksale & Ghatpande) conducted limited review as required under Regulation 33
  • Auditors expressed unmodified opinion on the results

Segment Information

The company operates in a single reportable segment - manufacturing forgings, as per IND-AS 108.

Additional Information

  • Previous period/year figures have been regrouped/recast/reclassified for comparability
  • Financial results available at www.bseindia.com and www.kvforge.com
  • Limited Review Report dated August 05, 2026 issued by Gokhale, Tanksale & Ghatpande Chartered Accountants (FRN 103277W)