KIOCL Limited Announces Audited Financial Results for Quarter and Year Ended March 31, 2026
KIOCL Limited announced its audited financial results for the quarter and year ended March 31, 2026, following its Board meeting held on May 27, 2026. The company approved the audited financial results along with the Auditors Report.The company’s total revenue for the full financial year ending March 31, 2026, reached 64,062 Rs. in lakhs, up from 59,052 Rs. in lakhs for the previous year. Similarly, total comprehensive income for the year was 20,700 Rs. in lakhs.
Quarterly Financial Performance
In the quarter ended March 31, 2026, the company’s total revenue stood at 25,607 Rs. in lakhs. The total expenses recorded for the quarter were 20,167 Rs. in lakhs, resulting in a Profit/(Loss) after Tax of 5,339 Rs. in lakhs for the period.The total comprehensive income for the quarter was 5,846 Rs. in lakhs. Earnings per Basic and Diluted Equity Shares for the quarter were 0.88.
The Segment-wise results for the quarter highlight the following net sales/income from operations:
| Segment | Net Sales/Income from Operation (3 Months ended 31.03.2026) |
|---|---|
| Pellet Plant | 22,033 |
| Pig Iron Plant | 22,033 |
| Total | 22,033 |
Auditor's Key Observations
The Independent Auditors provided an opinion stating that the standalone financial results give a true and fair view in conformity with Indian Accounting Standards. The auditors provided several key points regarding the company’s assets and operations:1. Kudremukh Mining Operations: Assets related to Kudremukh Mining Operations, suspended in 2006 due to a Supreme Court order, have been reduced to NIL, while the freehold land of 114.31 hectares remains on the books.
2. BFU Plant: The Blast Furnace Unit (BFU) has been non-operational since 2009. Based on a valuation report by an Independent Valuer, the company found no impairment in the value of these assets as of the year end.
3. Mining Rights: Capital expenditure on Mining Rights was capitalized under intangible assets. The company reported that it is yet to commence mining activities at the concerned site due to non-handover of forest land and lack of working permission.
4. ROU Land: The Right of Use (ROU) of land includes properties acquired from Karnataka Industrial Areas Development Board (KIADB) for proposed construction of a railway siding or R&D Centre, which are not yet implemented.
Financial Position Summary
The financial statements provide a detailed view of the company's balance sheet and cash flows.Total Assets:
The company reported total assets of 234,330.09 Rs. in lakhs as at March 31, 2026. This is compared to 228,841.16 Rs. in lakhs in the previous year.
Equity and Liabilities:
Total Equity amounted to 173,622.77 Rs. in lakhs, with Other Equity at 112,847.66 Rs. in lakhs. Total liabilities reached 34,667.42 Rs. in lakhs, primarily driven by current liabilities.
Cash Flow Highlights:
The company reported a net cash flow from operating activities of 901.65 Rs. in lakhs for the year ended March 31, 2026, compared to 34,334.95 Rs. in lakhs for the prior year.
The cash and cash equivalents as at March 31, 2026, stood at 7,464.47 Rs. in lakhs, marking an increase of 581.50 Rs. in lakhs year over year.
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Statement of Standalone Audited Financial Results for the Quarter and Year Ended 31 March, 2026
| Particulars | 3 Months ended 31.03.2026 (Audited) | Preceding 3 months ended 31.12.2025 (Un-Audited) | Corresponding Three months ended in the previous year 31.03.2025 (Audited) | Current Accounting year ended 31.03.2026 (Audited) | Previous Accounting year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| Total Revenue | 25,607 | 18,178 | 26,224 | 70,826 | 64,062 |
| Total Expenses | 20,167 | 16,865 | 30,176 | 69,637 | 84,569 |
| Profit/(Loss) after Tax | 5,339 | 1,813 | (3,688) | 1,657 | (20,458) |
| Total Comprehensive Income | 5,846 | 1,918 | (3,726) | 2,472 | (20,700) |
| Basic & Diluted EPS | 0.88 | 0.30 | (0.61) | 0.27 | (3.37) |
Balance Sheet Summary (Rs. in lakhs)
| Component | 31-03-2026 | 31-03-2025 |
|---|---|---|
| Total Non-Current Assets | 117,232.94 | 118,727.12 |
| Total Current Assets | 117,097.15 | 110,114.0¢ |
| TOTAL ASSETS | 234,330.09 | 228,841.16 |
| Total Equity | 173,622.77 | 171,15036 |
| Total Non-Current Liabilities | 26,039.90 | 2671697 |
| Total Current Liabilities | 34,667.42 | 3097383 |
| TOTAL EQUITY AND LIABILITIES | 234,330.09 | 228,841.16 |
Cash Flow Summary (Rs. in lakhs)
| Activity | Year ended 31st March, 2026 | Year ended 31st March, 2025 |
|---|---|---|
| Net cash from operating activities | 901.65 | 34,334.95 |
| Net cash from investing activities | (5,721.44) | (30,797.65) |
| Net cash from financing activities | 1,598.71 | 8,002.14 |
| Net increase/(decrease) in cash and cash equivalents | 581.50 | (4,464.84) |
KIOCL Stock Price Movement
Today, KIOCL Limited shares edged higher, gaining 3.94% to settle at ₹412.75 in post-market trading. The equity recorded robust volume today, with a total traded quantity of 652,160 shares.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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