Kaushalya Infrastructure Develops Q1 2026 Results; Approves Annual General Meeting Details

Kaushalya Infrastructure Develops Q1 2026 Results; Approves Annual General Meeting Details​

Kaushalya Infrastructure Development Corporation Limited (KIDCL) has approved the unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also announced the details for its upcoming 34th Annual General Meeting (AGM).

The Board of Directors meeting, held on August 14, 2026, at the company's registered office, reviewed and approved several key items, including the unaudited results for the specified quarter, the Notice for the AGM covering the year ended March 31, 2026, and the Directors' Report.

Key governance details announced include:

• The 34th Annual General Meeting is scheduled for September 28, 2026, at 1:00 PM, which will be conducted via two-way video conferencing (V.C.) or Other AudioVisual Means (OAVM).
• The Register of Members and Share Transfer Books will remain closed from September 22, 2026, to September 28, 2026, for the purpose of the AGM.
• Md. Shahnawaz, a Practicing Company Secretary, has been appointed as the Scrutinizer for the e-voting process at the subsequent Annual General Meeting.

Consolidated Financial Performance Review​

The unaudited consolidated results for the quarter ended June 30, 2026, indicated that operating segments identified by the Chief Operating Decision Maker are Hotel and Construction, in line with Ind AS 108 principles.

During the corresponding quarter of the previous year, the Group successfully recovered long dues amounting to Rs. 92.37 lakhs from Debtors. However, an unrecoverable amount of Rs. 28.31 lakhs was classified as Bad Debt and included under other expenses. The Board reassesses provisions required for doubtful debts on a yearly basis.

A snapshot of the consolidated results (in Lakhs) is provided below:

Standalone Results and Operational Status​

The unaudited standalone financial results for the quarter ended June 30, 2026, showed key figures across revenue and profit metrics.

Key data from the standalone quarterly results (in Lakhs) are summarized below:


The company's management noted that considering accumulated losses and unabsorbed depreciation, there are no provisions required for current taxes for the quarter ended June 30, 2026, as per normal provisions of the Income Tax Act, 1961.

Review Reports Conclusion​

A Limited Review Report on the Standalone Unaudited Quarterly and Year to Date Financial Results ended June 30, 2026 was conducted by Chartered Accountants, KASG & Co., and concluded that nothing came to their attention that suggests material misstatement or undisclosed information in the financial statements.

Similarly, the results were reviewed by an independent Audit Committee at its meeting on August 14, 2026, confirming the alignment of operating segments (Hotel and Construction) with Ind AS 108 requirements.

KAUSHALYA Stock Price Movement​

Shares of Kaushalya Infrastructure Development Corporation Limited today shed 2.24% in trading, closing at ₹907.20. The stock range for the day saw it trade between a high of ₹939.9 and a low of ₹901.