Kross Limited Approves Q1 Financial Results, Announces 35th Annual General Meeting
Kross Limited announced the approval of its Unaudited Standalone Financial Results for the quarter ended June 30, 2026. The results were reviewed by Statutory Auditors M/s S. K. Naredi & Co LLP. Furthermore, the Board meeting held on July 24, 2026, approved the convening of the company's 35th Annual General Meeting (AGM) for the financial year 2025-26.The Board also reviewed significant governance matters, including the appointment and re-appointment of Independent Directors, as well as noting the resignation of senior personnel.
Financial Highlights
The Unaudited Standalone Financial Results for the quarter ending June 30, 2026, were presented in millions of rupees (l). Key figures from the results are detailed below:| Particulars | Quarter Ended June 30, 2026 (Unaudited) | Quarter Ended March 31, 2026 (Audited) | Year Ended June 30, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Total Income | 1,847.31 | 2,262.88 | 1,414.42 | 6,774.49 |
| Expenses | 1,016.06 | 1,962.22 | 1,275.74 | 6,024.07 |
| Profit Before Tax (PBT) | N/A | 38.69 | 38.69 | N/A |
| Tax Expense | 178.27 | 300.66 | N/A | 750.42 |
| Profit After Tax (PAT) | 44.44 | 65.58 | 34.95 | 175.12 |
The company manufactures motor vehicle parts and accessories, viewing its performance as a single operating segment.
Governance and Personnel Changes
The Board meeting addressed several changes in the composition of the Board and senior management:Director Appointments and Reappointments:
The Board approved the re-appointment of three Independent Directors for a second term of three consecutive years. Mr. Sharat Chandra Kumar was appointed as a new Non-Executive Independent Director (first term of three years).
| Name | Designation / Change | Term Details |
|---|---|---|
| Sanjiv Paul | Re-appointment, Non-Executive Independent Director | Second term of three consecutive years (effective October 2026 to October 2029) |
| Gurvinder Singh Ahuja | Re-appointment, Non-Executive Independent Director | Second term of three consecutive years (effective October 2026 to October 2029) |
| Deepa Verma | Re-appointment, Non-Executive Independent Director | Second term of three consecutive years (effective October 2026 to October 2029) |
| Sharat Chandra Kumar | Appointment, Non-Executive Independent Director | First term of three consecutive years (effective July 24, 2026 to July 2029) |
Resignations:
The Board took on record the resignation of Mr. Mukesh Kumar Agarwal from the position of Non-Executive Independent Director, effective July 24, 2026. Furthermore, Mr. Dhirendra Jena resigned from the role of Head (Accounts & Finance), with his services concluding on July 31, 2026.
Board Committee Re-constitution
Following these changes, the composition of key Board Committees was approved, effective from July 24, 2026:Nomination and Remuneration Committee:
| Director Name | Role |
|---|---|
| Deepa Verma | Chairperson |
| Gurvinder Singh Ahuja | Member |
| Sudhir Rai | Member |
| Sharat Chandra Kumar | Member |
Corporate Social Responsibility Committee:
| Director Name | Role |
|---|---|
| Sudhir Rai | Chairman |
| Anita Rai | Member |
| Deepa Verma | Member |
35th Annual General Meeting Details
The Board approved the AGM for FY 2025-26, which is scheduled to be held on Wednesday, September 16, 2026, at 11:00 AM (IST) via Video Conferencing (VC) / Other Audio Visual Means (OAVM).Details regarding remote e-voting and the AGM are as follows:
| Event | Date & Time |
|---|---|
| Commencement of Remote E-voting | Sunday, September 13, 2026 at 9:00 AM |
| End of Remote E-voting | Tuesday, September 15, 2026 at 5:00 PM |
| Cut-off Date for Voting Rights | Wednesday, September 9, 2026 |
Mr. Sital Prasad Swain has been appointed as the scrutiniser for both the remote e-voting and the AGM. The Annual Report and AGM Notice will be made available on the company website.
KROSS Stock Price Movement
Kross Limited shares settled today in the post-market session, edging higher to close at ₹206.13, reflecting a 1.12% gain for the auto components company. The stock traded within tight intraday bounds, registering a high of ₹207.5 while finding support above the low of ₹200.68.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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