Kriti Industries Announces Financial Results and Key Governance Decisions Following Board Meeting
Kriti Industries (India) Limited held its Board of Directors meeting on May 5, 2026, to review and approve its financial performance and operational developments. The outcomes of the meeting include the finalization of audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.During the meeting, the Board of Directors took several key corporate actions and approvals. The resolutions approved by the board included:
- Approval of the Standalone and Consolidated Audited Financial Results for the Quarter and Year ended March 31, 2026.
- Approval of the Auditor's Report, containing the opinion on the financial results for the quarter and year ended March 31, 2026.
- Approval of the Standalone and Consolidated Audited Financial Statements, encompassing the Balance Sheet as of March 31, 2026, and the Statement of Profits and Loss and Cash Flow, Statement of Changes in Equity, and associated notes for the year ended March 31, 2026.
- Approval of the amalgamation of Kriti Auto & Engineering Plastics Private Limited, which is a wholly owned subsidiary, with the company.
- The board did not recommend any dividend on Equity Shares of Re 1/- each for the financial year 2025-26.
- The board approved the re-appointment of Mr. Shiv Singh Mehta (DIN: 00023523) as Chairman and Managing Director of the Company for three years, effective from October 1, 2026, subject to the approval of members at the General Meeting.
Financial Results Overview
The company released detailed financial statements covering the period up to March 31, 2026. The audited financial results for both standalone and consolidated figures are presented below (in Rs. in Lakhs, except Earnings per Share):Statement of Standalone and Consolidated Audited Financial Results for the Quarter and Year Ended on March 31, 2026
| Particulars | Standalone (Quarter Ended 31.03.2026) | Standalone (Year Ended 31.03.26) | Consolidated (Quarter Ended 31.03.26) | Consolidated (Year Ended 31.03.26) |
|---|---|---|---|---|
| Revenue From Operations | 14,178.35 | 58,736.73 | 14,178.35 | 58,736.73 |
| Other Income | 200.96 | 399.98 | 202.12 | 403.22 |
| Total Income | 14,379.31 | 59,136.72 | 14,380.47 | 59,139.96 |
| Total Expenses | 13,120.48 | 58,447.64 | 13,124.73 | 58,404.89 |
| Profit/(Loss) before tax | 881.29 | 234.53 | 878.21 | 280.51 |
| Total Tax Expenses | 474.51 | 127.84 | 473.24 | 139.42 |
| Net Profit/Loss from continuing operations | 406.79 | 106.68 | 404.97 | 141.10 |
| Profit After Tax | 406.79 | 106.68 | 401.40 | 112.96 |
The consolidated figures showed a Total Income of 14,380.47 in the quarter ended March 31, 2026, and 59,139.96 for the year ended March 31, 2026.
Audit Confirmation
The company received an audit report on both its standalone and consolidated annual financial results. The statutory auditors issued an unmodified audit opinion on the financial statements for the quarter and year ended March 31, 2026, confirming that the statements give a true and fair view in conformity with the Indian Accounting Standards (Ind AS).The consolidated financial results incorporate the results of the wholly owned subsidiary, Kriti Auto and Engineering Plastics Pvt. Ltd., and the associate company, FP Elite Energy Pvt. Ltd.
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Financial Data Summary (Rs. in Lakhs)
| Particulars | Measure | Standalone (31.03.26) | Consolidated (31.03.26) |
|---|---|---|---|
| Total Income | Quarter | 14,379.31 | 14,380.47 |
| Total Income | Year | 59,136.72 | 59,139.96 |
| Total Expenses | Year | 58,447.64 | 58,404.89 |
| Net Profit After Tax | Year | 106.68 | 112.96 |
Equity Capital
The Paid up Equity Share Capital of Kriti Industries (India) Limited was reported as 526.96 in the quarterly period ended March 31, 2026.
KRITI Stock Price Movement
Today, Kriti Industries (India) Limited shares edged higher, closing at ₹93.39 after rallying 9.54% in post-market trading. The stock saw robust investor activity, completing the session on a high volume of 790,164 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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