Kore Digital Limited Approves Audited Financial Results for Year Ended March 31, 2026
Kore Digital Limited announced the approval of its Audited Standalone and Consolidated Financial Results for the half year and year ended March 31, 2026. The Board of Directors held a meeting on May 30, 2026, and approved the financial results along with the Statutory Auditors' Report.The Company also issued a clarification regarding the financial statements, noting an inadvertent typographical error in the Consolidated Statement of Profit and Loss for the year ended March 31, 2025. The Company stated that this error was purely typographical in nature and had no impact on the financial position, profitability, earnings, net worth, cash flows, or any other financial parameters.
Financial Snapshot (Rupees in Lakhs)
The Company provided the following comparative data for its consolidated assets and liabilities:| Particulars | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| EQUITY AND LIABILITIES | ||
| Shareholders' funds: | ||
| Share capital | 1,202.40 | 1,202.40 |
| Reserves and surplus | 13,039.14 | 9,319.93 |
| Money received against share warrants | - | 125.01 |
| Total Shareholders' Funds | 14,241.54 | 10,647.35 |
| Non-Controling Interests | 142.11 | 45.12 |
| Non-current liabilities: | ||
| Long-term borrowings | 189.59 | 175.00 |
| Deferred tax liabilities (Net) | 69.48 | - |
| Other Long term liabilities | 62.00 | 62.00 |
| Long term Provisions | 5.27 | - |
| Total Current Liabilities | ||
| Short-term borrowings | 406.76 | 479.42 |
| Trade payables | - | - |
| Total outstanding dues of micro enterprises and small enterprises | 12.33 | - |
| TOTAL | 13,069.62 | 11,418.79 |
| ASSETS | ||
| Property, Plant and Equipment | 5,690.72 | 3,907.89 |
| Intangible assets | 3,173.71 | 0.33 |
| Capital Work in Progress | - | 2,358.34 |
| Inventories | 9,016.27 | 6,467.26 |
| Other current liabilities | 719.96 | 643.01 |
| Short-term provisions | 2,069.97 | 1,122.61 |
| Trade receivables | 18,580.54 | 14,034.79 |
| Cash and cash equivalents | 1,233.87 | 211.76 |
| Short-term loans and advances | 615.81 | 267.91 |
| TOTAL | 30,988.63 | 24,593.30 |
Key Operational Updates
The Company confirmed that it has fully utilized the proceeds from the Initial Public Offer raised as of March 31, 2026. Consequently, the Company stated it was not required to submit a Statement of Deviation or Variation.Audit Opinion
The Statutory Auditors, M/s. J N GUPTA & Co., confirmed they issued an Audit Report on the Audited Financial Results for the year ended March 31, 2026, providing an unmodified opinion.For the year ended March 31, 2026, the consolidated results showed a Net Profit/Loss before tax of 4,949.78.
The Company also provided a comprehensive Cash Flow Statement summary for the year ended March 31, 2026:
| Activity | For the year ended 31st March 2026 | For the year ended 31st March 2025 |
|---|---|---|
| Net Profit/(Loss) before tax and Extraordinary Items | 4,949.78 | 4,218.21 |
| Net cash flow from operating activities (A) | 4,289.89 | 1,333.40 |
| Net cash flow from investing activities (B) | (3,149.28) | (5,695.01) |
| Net cash flow from financing activities (C) | (118.49) | 547.05 |
| Net increase (decrease) in cash and cash equivalents (A+B+C) | 1,022.11 | (3,814.57) |
| Cash and cash equivalents at the end of the year | 1,233.87 | 211.76 |
KDL Stock Price Movement
On Friday, Kore Digital Limited shares edged higher, gaining 4.78% to settle at ₹136.20. The stock saw significant activity during the session, trading a volume of 19,050 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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