Kedia Construction Co. Ltd. reports net loss of ₹232.72 lakh in FY26
Kedia Construction Co. Ltd. reported a net loss of ₹232.72 lakh for the financial year ended March 31, 2026, a sharp decline from the restated net profit of ₹39.25 lakh in the previous year. Total income for FY26 was ₹83.55 lakh, while total expenditure increased significantly to ₹313.12 lakh. The results incorporate the effects of a Scheme of Arrangement with Kirti Investments Limited, sanctioned by the NCLT, which included a reduction in share capital face value from ₹5 to ₹1. Statutory auditors M/s. Jhunjhunwala Jain & Associates LLP issued an unmodified opinion, highlighting pending litigation regarding inventory valued at ₹72.17 lakh.

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Kedia Construction Co. Ltd. reported a net loss of ₹232.72 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹39.25 lakh in the restated previous year. The company's total income for the year stood at ₹83.55 lakh, while total expenditure was ₹313.12 lakh. The board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026.
Financial Performance
For the quarter ended March 31, 2026, the company reported a net profit of ₹85.35 lakh. Total income for the quarter was ₹(2.18) lakh, with a negative figure driven by other income of ₹(14.18) lakh. The basic and diluted earnings per share (EPS) for the year was ₹(2.104), compared to ₹0.355 in the restated previous year.
| Particulars | Year Ended 31-Mar-2026 (Audited) | Year Ended 31-Mar-2025 (Restated) |
|---|---|---|
| Net Sales / Income from Operations | 55.00 | 68.25 |
| Total Income | 83.55 | 82.60 |
| Total Expenditure | 313.12 | 32.73 |
| Net Profit / (Loss) | (232.72) | 39.25 |
| EPS (Basic and Diluted) | (2.104) | 0.355 |
Corporate Actions and Restatements
The financial results reflect the impact of a Scheme of Arrangement and Amalgamation with Kirti Investments Limited, sanctioned by the National Company Law Tribunal, Mumbai Bench, on April 6, 2026. The scheme, effective from April 1, 2024, provided for the reduction of the company's share capital and the amalgamation of the transferor company. Consequently, comparative financial information for previous periods has been restated. The face value of equity shares was reduced from ₹5 to ₹1 per share.
Auditor's Report
Statutory auditors M/s. Jhunjhunwala Jain & Associates LLP issued an unmodified opinion on the standalone financial results. The auditors drew attention to pending litigation against LIC of India regarding the Ridge Road Property, carried as inventory at ₹72.17 lakh, for which no provision for diminution in value has been made.
Historical Stock Returns for Kedia Construction
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
What specific operational strategies will Kedia Construction implement to reverse the significant surge in total expenditure from the previous year?
How will the pending litigation with LIC of India regarding the Ridge Road Property impact the company's cash flow and inventory valuation if the court rules against them?
Now that the Scheme of Arrangement and amalgamation with Kirti Investments Limited is complete, what are the projected synergies and revenue targets for the upcoming fiscal year?

































