Khaitan (India) Limited Reports Interim Financial Results for June 30, 2026; Highlights Concerns Regarding Sugar Mill Operations
Khaitan (India) Limited has announced its unaudited financial results for the quarter ended June 30, 2026, following the approval of these results by its Board of Directors at a meeting held on July 31, 2026. The company's performance across various segments was presented in both standalone and consolidated formats, with independent auditors providing a limited review report that noted specific qualifications regarding the sugar division operations.The financial statements for the quarter reflect the operational status of the Group, which includes Khaitan (India) Limited and its subsidiaries, Khaitan Fan and Appliances Ltd. and Khaitan Strategies Ltd.
Financial Performance Highlights (Standalone Results)
Based on the unaudited standalone results for the quarter ended June 30, 2026, key financial figures stand as follows:| Particulars | Qtr Ended June 30, 2026 (Unaudited) | Qtr Ended March 31, 2026 (Audited) | Qtr Ended June 30, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 4,145.34 | 3,616.09 | 2,966.00 | 11,222.72 |
| Other Income | 13.13 | 31.92 | 70.75 | - |
| Total Income | 4,158.47 | 3,648.01 | 2,966.00 | 11,293.47 |
| Profit Before Tax (1-2) | 240.43 | 284.00 | 159.67 | 607.52 |
Consolidated Financial Results and Segmental Data
The consolidated results for the quarter also showed performance across its reportable segments: Agriculture, Sugar, and Electrical Goods.| Particulars | Qtr Ended June 30, 2026 (Unaudited) | Qtr Ended March 31, 2026 (Audited) | Qtr Ended June 30, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Total Revenue from Operations | 4,145.34 | 3,616.09 | 2,96.00 | 11,222.72 |
| Total Income | 4,158.47 | 3,648.01 | 2,96.00 | 11,293.47 |
| Profit Before Tax | 240.37 | 282.67 | 159.67 | 606.19 |
The performance metrics for the three segments (Agricultural Goods, Sugar, and Electrical Goods) are detailed below:
| Segment | Qtr Ended June 30, 2026 (Unaudited) Profit Before Tax | Qtr Ended March 31, 2026 (Audited) Profit Before Tax |
|---|---|---|
| Electrical Goods | 273.89 | 303.46 |
| Sugar | (5.05) | (1.73) |
| Agriculture | 2.36 | 14.98 |
Auditor’s Opinion and Qualifications
K. C. Bhattacherjee & Paul LLP, the statutory auditors, provided a limited review report on the unaudited financial results. The auditor's opinion included qualifications related to the sugar mill operations of the company (both standalone and consolidated).The auditors observed that the production activity of the sugar mill has been under suspension for a long time after incurring heavy losses. However, management maintained that the business was not considered as discontinued operations, but rather as part of continuing/regular business operation.
Regarding this issue, both the unaudited results and the consolidated results received a Modified Opinion from the auditors due to this qualification.
The auditor's statement emphasized that the company has been exploring various options to revive the sugar mill, including arrangements for short-term and long-term capital requirements. As such, management did not consider the division as discontinued operations.
In summary, the financial reports reflect operational results across all segments while noting significant challenges concerning the sugar division's suspended production activities.
KHAITANLTD Stock Price Movement
Today, shares of Khaitan (India) Limited edged higher to close at ₹129.50, reflecting a 2.40% gain in post-market trading. The stock traded within an intraday range bounded by the session lows of ₹126.00 and the closing price.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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