Kanani Industries Limited reported a consolidated net profit of ₹257.59 lakh for the financial year ended March 31, 2026, a significant increase from ₹77.87 lakh in the previous year. The company's revenue from operations for the year stood at ₹17,379.35 lakh, compared to ₹16,847.13 lakh in FY25. The Board of Directors approved the audited standalone and consolidated financial results during a meeting held on May 30, 2026.

The statutory auditor, M/s. JMMK & Co., Chartered Accountants, provided an unmodified opinion on the financial results. The audit was conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013. The financial statements were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

On a standalone basis, the company reported a net profit of ₹29.32 lakh for FY26, up from ₹5.86 lakh in the previous year. Total income for the year increased to ₹1,149.37 lakh from ₹51.66 lakh in FY25. The foreign subsidiary, KIL International Limited, has been consolidated with the company effective from June 27, 2011, contributing to the overall performance.

The company disclosed related party transactions for the year, including loans from key managerial personnel amounting to ₹23.20 lakh and repayments of ₹7.61 lakh. The registered office of Kanani Industries Limited is located at the Bharat Diamond Bourse in Bandra Kurla Complex, Mumbai.

Kanani Industries has announced that its board of directors will meet on Saturday, May 30, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The meeting is scheduled to take place at 1.45 P.M. at the company's registered office in Mumbai.

The agenda for the meeting includes the consideration and approval of the standalone and consolidated audited financial results for the specified period. Additionally, the board will discuss any other matters with the permission of the chair.

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and related amendments, the company has closed its trading window. The closure came into effect from April 1, 2026, and will remain in place until 48 hours after the announcement of the financial results on May 30, 2026.

During this period, designated persons, including promoters, directors, connected persons, insiders, and their immediate relatives, are prohibited from trading in the company's shares or securities. This measure is intended to ensure market integrity and prevent the misuse of unpublished price-sensitive information.

Key Meeting Details

The intimation regarding the board meeting has been submitted to the stock exchanges pursuant to Regulation 29 and/or 33 of the SEBI (LODR) Regulations, 2015.