Keynote Financial Services posts FY26 loss, declares dividend

Keynote Financial Services Limited reported a consolidated net loss of ₹768.95 lakh for the financial year ended March 31, 2026, a reversal from the net profit of ₹665.88 lakh recorded in the previous year. The board of directors, at its meeting held on May 29, 2026, approved the audited standalone and consolidated financial results and recommended a dividend of ₹1 per equity share for FY26, subject to shareholder approval.

The standalone financial results for FY26 show a net loss of ₹165.96 lakh, compared to a net profit of ₹373.30 lakh in FY25. Total income for the year stood at ₹717.02 lakh, a decrease from ₹1,063.43 lakh in the previous year. The company reported an exceptional item of ₹35.44 lakh related to the incremental impact of new Labour Codes implemented by the Government of India.

Key Financial Figures (Consolidated)

Particulars	Year Ended 31 March 2026 (₹ in lakh)	Year Ended 31 March 2025 (₹ in lakh)
Total Income	(93.13)	2,946.17
Total Expenses	811.35	1,981.98
Profit/(Loss) before tax	(904.48)	928.73
Net Profit/(Loss) for the year	(768.95)	665.88
Earnings per share (Basic)	(13.81)	11.96

Governance and Appointments

The board approved the re-appointment of Mrs. Rinku Suchanti as an Executive Director for a term of three years effective from July 1, 2026, to June 30, 2029, subject to shareholder approval. Mrs. Rinku Suchanti is the spouse of Mr. Vineet Suchanti, Managing Director and Chief Financial Officer of the company.

Consequent upon the completion of the term of SMSR & Co., LLP, the board appointed M/s. V K Beswal & Associates, Chartered Accountants, as the new Statutory Auditors for a term of five years, commencing from the conclusion of the 33rd Annual General Meeting until the conclusion of the 38th AGM. The firm's appointment is subject to the approval of the shareholders.

Additionally, the board re-appointed R. B. Pandya & Co. Chartered Accountants as the Internal Auditor for the financial year 2026-2027. The statutory auditors, SMSR & Co. LLP, issued an unmodified opinion on the standalone and consolidated financial results.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.12%	-2.01%	-7.87%	-20.96%	-13.94%	+236.36%

Keynote Financial Services reported a consolidated net loss of ₹665.88 lakh for the financial year ended March 31, 2026, compared to a profit of ₹1,456.99 lakh in the previous year. The standalone financial results for the same period showed a net loss of ₹165.96 lakh. The Board of Directors approved the audited standalone and consolidated financial results at its meeting held on May 29, 2026.

The company’s total consolidated income for FY26 stood at ₹2,946.17 lakh, a decrease from ₹3,074.31 lakh in the previous year. Total expenses for the year were ₹1,981.98 lakh. The results include an exceptional item of ₹35.44 lakh related to the incremental impact of new Labour Codes implemented by the Government of India.

Dividend Declaration

The Board recommended a dividend of ₹1 per equity share, having a face value of ₹10 each, for the financial year 2025-2026. This dividend is subject to the approval of shareholders at the ensuing 33rd Annual General Meeting (AGM).

Key Financial Metrics

The following table outlines the standalone financial performance for the quarter and year ended March 31, 2026:

Particulars	Quarter Ended Mar 31, 2026 (₹ in lakhs)	Year Ended Mar 31, 2026 (₹ in lakhs)
Total Revenue from Operations	(268.97)	558.26
Total Income	(291.26)	717.02
Total Expenses	248.17	862.67
Profit/(Loss) before Tax	(539.42)	(181.08)
Net Profit/(Loss) for the Period	(430.44)	(165.96)

Board Appointments

Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the re-appointment of Mrs. Rinku Suchanti as an Executive Director for a term of three years, effective from July 1, 2026, to June 30, 2029. This re-appointment is subject to shareholder approval.

The Board also approved the appointment of M/s. V K Beswal & Associates, Chartered Accountants, as the Statutory Auditors for a term of five years, commencing from the conclusion of the 33rd AGM until the conclusion of the 38th AGM. This appointment is subject to shareholder approval and follows the completion of the term of the current auditors, SMSR & Co., LLP.

Auditor's Report

The Statutory Auditors, SMSR & Co LLP, issued an unmodified opinion on the standalone and consolidated financial results. The auditors confirmed that the results are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 30 and 47(1)(b) of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015, the company submitted copies of newspaper advertisements published in "Business Standard", "Free Press Journal" and "Navshakti" on May 30, 2026, regarding the audited financial results.