Karnika Industries Announces Audited Standalone and Consolidated Financial Results for March 2026
Karnika Industries Limited released its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, on May 16, 2026. The company reports its operations within a single segment: the textile sector, encompassing fabrics, ready-made garments, and accessories.The company noted that the consolidated financial statements include results from its subsidiary, Kidcity Solutions Private Limited. Karnika Industries Limited acquired a 75% equity interest in Kidcity Solutions Private Limited on October 4, 2025. Consequently, Kidcity Solutions Private Limited's revenue and expenses have been included in the Group's consolidated financials for the first time during the Financial Year 2025-2026.
Financial Performance Highlights
The annual financial results for the year ended March 31, 2026, showed a total income of 17,627.97 Lakhs (Standalone) and 25,716.85 Lakhs (Consolidated). The total comprehensive income for the period stood at 1,779.93 Lakhs (Standalone) and 2,645.07 Lakhs (Consolidated).The company's financial position saw a substantial increase in total assets, reaching 18,901.85 Lakhs (Standalone) and 21,493.84 Lakhs (Consolidated) as of March 31, 2026.
Standalone Financial Results (Quarter and Year Ended March 31, 2026)
The following table summarizes the core components of the standalone results:| PARTICULARS | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 31.12.2025 (Unaudited) | Quarter Ended 31.03.2025 (Audited) | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| Revenue from Operations | 6085.00 | 6041.84 | 6036.83 | 22428.14 | 17254.85 |
| Total Income (I+II) | 6799.63 | 6092.08 | 6244.59 | 23296.26 | 17627.97 |
| Total Expenses | 5679.08 | 5243.89 | 5393.56 | 19637.11 | 15210.86 |
| Profit before tax | 1120.55 | 848.19 | 851.03 | 3659.15 | 2417.11 |
| Profit/(Loss) for the period | 792.08 | 629.21 | 627.18 | 2667.73 | 1803.05 |
| Total Comprehensive Income | 684.67 | 449.04 | 514.32 | 2474.13 | 1779.93 |
| Basic & Diluted EPS (Rs.) | 1.28 | 1.01 | 5.06 | 6.41 | 14.54 |
Consolidated Financial Results (Quarter and Year Ended March 31, 2026)
| PARTICULARS | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 31.12.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|
| Revenue from Operations | 7173.93 | 7368.99 | 24847.90 |
| Total Income (I+II) | 7889.09 | 7419.53 | 25716.85 |
| Total Expenses | 6576.75 | 6534.60 | 21829.16 |
| Profit before tax | 1312.34 | 884.93 | 3887.69 |
| Profit/(Loss) for the period | 931.71 | 660.50 | 2838.66 |
| Total Comprehensive Income | 824.31 | 480.33 | 2645.07 |
| Basic & Diluted EPS (Rs.) | 1.45 | 1.05 | 6.72 |
Balance Sheet Summary (As at March 31, 2026)
The consolidated statement of assets and liabilities showed a total asset base of 21,493.84 Lakhs.| Particulars | Amount (Lakhs) |
|---|---|
| Total Assets | 21,493.84 |
| Non-Current Assets: | |
| Property, Plant and Equipment | 613.52 |
| Intangible Assets | 12.13 |
| Capital Work-in-progress | 91.00 |
| Goodwill | 14.03 |
| Financial Assets (Investments, etc.) | 2,451.92* |
| Deferred Tax Asset | 85.85 |
| Total Non Current Assets | 2,944.43 |
| Current Assets: | |
| Inventories | 5,803.04 |
| Trade Receivables | 8,767.80 |
| Cash and Cash Equivalents | 29.06 |
| Loans | 1,547.76 |
| Other Financial Assets | 2,211.03 |
| Other current assets | 190.72 |
| Total Current Assets | 18,549.41 |
| Total Equity and Liabilities | 21,493.84 |
| Total Equity: | |
| Equity Share Capital | 6,199.75 |
| Other Equity | 3,442.02 |
| Non Controlling Interest | 160.53 |
| Total Equity | 9,802.30 |
| Total Liabilities: | |
| Borrowings (Non-current) | 77.89 |
| Provisions (Non-current) | 19.62 |
| Borrowings (Current) | 7,474.64 |
| Trade Payables (Total) | 2,32.14 |
| Total Outstanding dues of Creditors other than Micro and Small | 3,155.54 |
| Other current liabilities | 727.56 |
| Provisions (Current) | 4.15 |
| Total Liabilities | 11,691.54 |
Note: Total Financial Assets for Non-Current Assets includes Investments (1,992.01) and Other Financial Assets (135.88).
Cash Flow Activities Summary (March 31, 2026)
The net cash generated from operating activities totaled 1,617.45 Lakhs for the period ended March 31, 2026.| Cash Flow Activity | Standalone (₹ Lakhs) | Consolidated (₹ Lakhs) |
|---|---|---|
| Net Cash Generated from Operating Activities | 2,115.91 | 1,617.45 |
| Net Cash Generated from Investing Activities | (2,527.28) | 109.73 |
| Net Cash Generated from Financing Activities | (538.16) | (540.52) |
| Net Increase/(Decrease) in Cash and Cash Equivalents | (16.23) | 29.06 |
KARNIKA Stock Price Movement
On Friday, Karnika Industries Limited shares slipped by 7.81%, closing the session at ₹123.50. The stock traded a total volume of 56,000 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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