Kridhan Infra Limited Releases Financial Results; Auditors Issue Qualified Opinion on Standalone and Consolidated Figures
Kridhan Infra Limited announced on May 30, 2026, the outcome of its Board meeting, confirming the consideration of the Standalone and Consolidated audited financial results for the quarter and year ended March 31, 2026. The financial results and respective audit reports were reviewed by the Company's Board of Directors.However, the statutory auditors, M/s Jignesh Savla & Associates Chartered Accountants, issued a Qualified Opinion on both the Standalone Audited Financial Results and the Consolidated Audited Financial Results for the financial year ended March 31, 2026.
Audit Qualification and Going Concern Issues
The Qualified Opinion was issued primarily in relation to the Company's ability to continue as a going concern. The auditors highlighted that the Company has incurred accumulated losses in past years, which have resulted in the erosion of its Net worth.The financial results are prepared on a going concern basis, with management stating that future business prospects, combined with cost reduction measures, are expected to support continued operations. Management also noted that recent efforts to increase the equity base through preferential allotment of equity/warrants are expected to support the growth of business activities.
Financial Highlights (in Lakhs)
The financial reports cover the quarter and year ended March 31, 2026, providing data across Standalone and Consolidated statements.Profit and Loss Summary (Rs. Lakhs)
The following table summarizes the Total Income, Total Expenses, and Profit Before Tax for the year ended March 31, 2026.| Particulars | Quarter Ended 31.03.2026 (Standalone) | Year Ended 31.03.26 (Standalone) | Quarter Ended 31.03.26 (Consolidated) | Year Ended 31.03.26 (Consolidated) |
|---|---|---|---|---|
| Total Income | 158.67 | 460.02 | 156.72 | 458.34 |
| Total Expenses | 62.56 | 355.60 | 72.84 | 359.66 |
| Profit before Tax | 96.61 | 220.53 | 14,056.49 | 214.79 |
Statement of Assets and Liabilities (Rs. Lakhs)
| Particulars | Standalone As at 31.03.26 | Consolidated As at 31.03.26 |
|---|---|---|
| Total Non Current Assets | 1,987.33 | 1,992.22 |
| Total Current Assets | 1,543.26 | 1,580.42 |
| TOTAL ASSETS | 3,530.60 | 3,572.64 |
| Total Equity (Net Worth) | -26,740.10 | -26,823.80 |
| Total Liabilities | 30,179.56 | 30,298.21 |
| TOTAL EQUITY AND LIABILITIES | 3,530.60 | 3,572.64 |
Cash Flow from Operations (Rs. Lakhs)
The Cash Flow Statement provides a look at cash movements for the full financial year (FY).| Particulars | Standalone FY 2025-26 | Consolidated FY 2025-26 |
|---|---|---|
| Net Profit before tax and adjustment of extraordinary items net of prior year adjustment | 220.53 | 214.79 |
| Operating Profit before working capital changes | 238.49 | 234.00 |
| Net cash from Operating Activities (A) | 272.73 | 172.54 |
| Net cash from Investing Activities (B) | -83.17 | -75.81 |
| Net cash from Financing Activities (C) | -387.92 | -385.92 |
| Net Increase/Decrease in Cash (A+B+C) | -198.36 | -289.18 |
| Cash and Cash Equivalent at the end of the year | 26.79 | 37.64 |
Key Financial Statement Details
The financial results indicate the following key figures for Owners of the Company's profit or loss:- Standalone Net Profit/Total Comprehensive Income for the period (Year Ended 31.03.26): 220.53 Lakhs
- Consolidated Net Profit/Total Comprehensive Income for the period (Year Ended 31.03.26): 214.79 Lakhs
- Owners of the company's Total Comprehensive Income for the period (Year Ended 31.03.26): 220.53 Lakhs (Standalone) and 214.79 Lakhs (Consolidated).
The management stated that the financial results are prepared on a going concern basis, despite the accumulated losses and erosion of net worth. The Company's Board of Directors confirmed that the recent efforts to increase the equity base via preferential allotment of equity or warrants are expected to support future growth.
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The audited financial results were prepared by M/s Jignesh Savla & Associates Chartered Accountants.
KRIDHANINF Stock Price Movement
On Friday, Kridhan Infra Limited shares edged higher to close at ₹3.09, settling 1.30% above its previous day's close. The stock recorded a volume of 46,384 shares during the trading 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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