Khaitan FY26 revenue rises 44.5%, profit falls 13.1%
Khaitan (India) Limited reported a 44.5% increase in revenue from operations to ₹11,222.72 lakh for FY26, while net profit declined 13.1% to ₹606.34 lakh. The statutory auditors issued a qualified opinion regarding the classification of suspended sugar mill operations. The company intimated exchanges about the newspaper publication of results on May 28, 2026.

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Khaitan (India) Limited reported a 44.5% increase in revenue from operations to ₹11,222.72 lakh for the financial year ended March 31, 2026, while net profit for the year declined by 13.1% to ₹606.34 lakh. The board approved the audited standalone and consolidated financial results at its meeting held on May 26, 2026. The company's statutory auditors, K. C. Bhattacharjee & Paul, issued a qualified opinion on the financial results, citing the classification of the suspended sugar mill operations as continuing business rather than discontinued operations. The company has intimated the stock exchanges regarding the newspaper publication of these audited financial results for Q4FY26 under Regulation 47, which appeared in The Echo of India and Arthik Lipi on May 28, 2026.
Standalone Financial Performance
For the quarter ended March 31, 2026, the company recorded a total income of ₹3,648.01 lakh and a net profit of ₹293.50 lakh. For the full year, total income stood at ₹11,293.47 lakh, up from ₹8,036.26 lakh in the previous year. Total expenses for the period rose to ₹10,685.95 lakh from ₹7,321.13 lakh in FY25. Profit before tax for the year stood at ₹607.52 lakh, a decrease from ₹715.13 lakh in the prior year. Earnings per share (EPS) for the year were reported at ₹12.77, compared to ₹14.69 in the previous year.
| Metric | Q4FY26 (₹ in Lakhs) | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|---|
| Total Income | 3,648.01 | 11,293.47 | 8,036.26 |
| Profit Before Tax | 284.00 | 607.52 | 715.13 |
| Net Profit | 293.50 | 606.34 | 697.93 |
| Earnings Per Share (Rs.) | 6.18 | 12.77 | 14.69 |
Segment Performance
The company operates predominantly in three business segments: Agriculture, Sugar, and Electrical goods. Revenue from the Electrical Goods segment was the primary driver, contributing ₹11,179.95 lakh for the year. The Sugar segment reported nil revenue, while the Agriculture segment contributed ₹42.77 lakh. The Sugar division has been under suspension for a long time due to heavy losses, and management is exploring options for revival, including arranging capital requirements.
Audit Qualifications
The statutory auditors issued a modified opinion, stating that the balances of assets, liabilities, expenses, and cash flows related to the sugar mill should have been recognized and disclosed as Discontinued Operations. The company, however, has treated them as part of continuing operations. The auditors also drew attention to the fact that balances of trade receivables, trade payables, loans, and advances are subject to confirmation.
Consolidated Results
The consolidated financial results for the year include the performance of two newly incorporated subsidiaries, Khaitan Fans and Appliances Ltd. and Khaitan Strategy Ltd. The group reported a net profit of ₹605.01 lakh for the year. Total consolidated assets stood at ₹7,802.08 lakh as of March 31, 2026.
Historical Stock Returns for Khaitan
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.79% | -4.70% | -5.34% | +26.75% | +3.44% | +534.76% |
How will the management address the auditors' qualification regarding the classification of the suspended sugar mill operations?
What specific capital requirements and revival strategies are being considered to restart the suspended Sugar division?
What is the expected timeline for the newly incorporated subsidiaries, Khaitan Fans and Appliances Ltd. and Khaitan Strategy Ltd., to contribute significantly to group revenue?
































