Krishna Filament Industries Approves Quarterly Results and Announces Change in Statutory Auditors

Krishna Filament Industries Approves Quarterly Results and Announces Change in Statutory Auditors

Krishna Filament Industries Approves Quarterly Results and Announces Change in Statutory Auditors​

Krishna Filament Industries Ltd. announced the outcomes of its Board meeting held on July 22, 2026, confirming the approval of its unaudited financial results for the quarter ended June 30, 2026. Furthermore, the company disclosed a significant change in its auditing services structure.

The Board of Directors reviewed and approved the unaudited financial statements, which were accompanied by an Auditor's Limited Review Report issued by M/s P R Agarwal & Awasthi, Chartered Accountants. The board meeting also addressed the transition of statutory auditors.

New Statutory Auditor Appointment​

Based on the recommendation of its Audit Committee, the Board had considered and recommended the appointment of M/s VCA & Associates, Chartered Accountants (FRN No. 114414W) as the new Statutory Auditors. These firm members are set to hold the office for a period of two years, commencing from the conclusion of the ensuing AGM until the conclusion of the company's 40th AGM.

M/s P R Agarwal & Awasthi, Chartered Accountants, whose term is currently serving, will see their tenure conclude at the ensuing Annual General Meeting (AGM).

Quarterly Financial Performance Summary​

The unaudited financial results for the quarter ended June 30, 2026, showed a net profit after tax of 9.75 lakhs. The company reported Total Income of 12.00 lakhs, driven by Other Income amounting to 12.00 lakhs. Expenses during the quarter were recorded at 2.25 lakhs.

The key financial figures for Krishna Filament Industries Ltd., focusing on the quarter ending June 30, 2026 (all figures in lakhs), are presented below:

ParticularsQuarter Ended 30.06.2026 (Unaudited)
Total Income12.00
Total Expenses2.25
Profit Before Tax9.75
Net Profit after tax9.75
Earnings Per Share (Basic/Diluted)0.13

The company confirmed that the Trading Window for dealing in its securities by Designated Persons would reopen on July 25, 2026.

Stock Price Movement​

Krishna Filament Industries Ltd closed on Friday, falling 4.68% after dipping by ₹0.26 and settling at ₹5.29.
Throughout the trading session, shares moved between an intraday low of ₹5.28 and a high of ₹5.55.
 

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.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top