Kabra Commercial reported a net profit of ₹88.63 lakh for the quarter ended June 30, 2026, marking an 80% increase from ₹49.29 lakh in Q1FY25. Revenue from operations rose 6% year-on-year to ₹253.25 lakh, driven by growth in its coal and coke trading segment.

The company’s total income reached ₹385.30 lakh, supported by other income of ₹132.05 lakh, compared to ₹100.48 lakh in the prior year period. Earnings per share (basic) stood at ₹3.01, up from ₹1.68 in Q1FY25.

Financial Performance

The coal/coke trading segment contributed ₹253.25 lakh to revenue, while the investment and finance segment generated ₹101.34 lakh in segment revenue, up significantly from ₹67.10 lakh in Q1FY25. Finance costs increased to ₹22.43 lakh from ₹8.15 lakh in the previous year period.

What the Numbers Show

Investment and finance activities were the primary driver of profitability improvement. While the core coal trading segment posted a modest pre-tax profit of ₹15.71 lakh against a loss of ₹1.26 lakh in Q1FY25, the investment segment delivered ₹99.89 lakh in pre-tax profit, reversing a ₹59.93 lakh contribution in the prior year. This shift indicates that non-operating income sources are currently sustaining the majority of the company’s bottom line, as operating expenses remained relatively stable while finance costs more than doubled.

Corporate Governance Update

The Board of Directors approved the change in designation of Ramawtar Kabra from Executive Director to Managing Director. The new role carries a fixed remuneration for three years, effective from the date of the ensuing Annual General Meeting, subject to shareholder approval. The board confirmed that Kabra is not debarred from holding office by any regulatory authority.

Auditor’s Note

Statutory auditors Ranjit Jain & Co. issued a limited review report on the unaudited financial results. The auditors highlighted that no provision for impairment loss was made on sundry debtors amounting to ₹266.22 lakh outstanding for over three years and under sub-judice. Management considers these amounts fully recoverable based on legal opinions, though auditors noted they could not comment on the ultimate realizable value due to court process delays.

Kabra Commercial Limited has appointed Mr. Vedant Raj Kabra as an Additional Director (Executive) effective July 6, 2026. The appointment, based on the recommendation of the Nomination and Remuneration Committee, requires shareholder approval within three months. This leadership change follows the resignation of Mr. Rajesh Kumar Kabra as Managing Director and Key Managerial Personnel, effective from the close of business hours on July 6, 2026, due to personal reasons.

The Board of Directors unanimously approved the appointment during its meeting held on Monday, July 6, 2026. Mr. Vedant Raj Kabra holds a DIN of 10536643 and is related to the directors of the company. He is an MBA graduate with over five years of experience in various businesses and currently serves as a Director on the board of Coalsale Company Limited. The company affirmed that he is not debarred from holding the office of director.

Mr. Rajesh Kumar Kabra, who resigned as Managing Director, held a DIN of 00331305. The Board placed on record its sincere appreciation for his contributions during his long association with the company. The intimation regarding these changes was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Personnel Changes