Kenrik Industries reports net loss of ₹0.38 lakh in FY26

1 min read     Updated on 31 May 2026, 01:25 AM
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Kenrik Industries Limited reported a net loss of ₹0.38 lakh for the financial year ended March 31, 2026, on revenue from operations of ₹8019.54 lakh. The board approved the standalone audited financial results on May 30, 2026. VSSB & Associates, Chartered Accountants, issued an unmodified opinion on the results.

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Kenrik Industries Limited reported a net loss of ₹0.38 lakh for the financial year ended March 31, 2026, on revenue from operations of ₹8019.54 lakh. The company's board approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

The statutory auditors, VSSB & Associates, Chartered Accountants, issued an unmodified opinion on the standalone financial results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The audit confirmed that the results present a true and fair view in conformity with the Indian Accounting Standards.

For the quarter ended March 31, 2026, the company reported a net loss of ₹58.83 lakh. Revenue from operations for the half-year ended March 31, 2026, was ₹5806.20 lakh. Total income for the year ended March 31, 2026, was ₹8020.18 lakh, while total expenses for the period were ₹8015.03 lakh.

The financial statements indicate that the company is primarily engaged in the trading of gold, silver ornaments, and bullion. Kenrik Industries Limited listed its equity shares on the BSE SME Platform on May 9, 2025, following an initial public offering.

Financial Metric (FY26) Amount (₹ In Lakhs)
Revenue from Operations 8019.54
Total Income 8020.18
Total Expenses 8015.03
Net Profit / (Loss) (0.38)
Basic EPS (Rs.) (0.00)

The trading window for designated persons, which was closed since April 1, 2026, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, will reopen 48 hours after the declaration of these financial results.

Historical Stock Returns for Kenrik Industries

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-5.57%-2.76%-55.75%-65.12%

What strategic initiatives will Kenrik Industries implement to reverse the net losses reported in FY26?

How will the volatility in gold and silver prices impact the company's profit margins in the upcoming fiscal year?

Does the company plan to diversify its revenue streams beyond trading bullion and ornaments to ensure stability?

Kenrik Industries Independent Director Nishit Shah resigns

1 min read     Updated on 25 May 2026, 08:17 PM
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Independent Director Nishit Shah resigned from Kenrik Industries Limited effective May 25, 2026, due to personal reasons. The company confirmed the resignation in a regulatory filing, noting that no other material reasons were cited for the departure.

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Kenrik Industries Limited announced that Independent Director Nishit Shah resigned from his position effective May 25, 2026, due to personal reasons. The company confirmed the departure in a regulatory filing submitted to BSE Limited, noting that the resignation was tendered with effect from the close of business hours on the specified date.

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided the required details regarding the change in directorship, including the specific date of cessation and the reason for the resignation.

Details Information
Name of Director Mr. Nishit Shah [DIN: 10070221]
Designation Independent Director
Reason for Resignation Personal reasons
Date of Cessation May 25, 2026
Other Directorships NIL

The filing included a confirmation that there were no other material reasons for the resignation beyond those stated. The company noted that the necessary formalities would be completed to process the resignation and relieve the director from his duties.

Nishit Shah had served as an Independent Director on the board of Kenrik Industries . The resignation reduces the strength of the company's board, though the filing did not specify immediate plans for a replacement.

Historical Stock Returns for Kenrik Industries

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-5.57%-2.76%-55.75%-65.12%

Who will Kenrik Industries appoint to fill the vacancy left by Nishit Shah, and what is the expected timeline for this announcement?

How will the reduction in board strength impact the company's governance structure and decision-making processes?

Will the resignation trigger any changes in the board's committees, particularly those requiring independent director representation?

More News on Kenrik Industries

1 Year Returns:-55.75%