Kkalpana Industries Q1 Results: Net profit falls 64% to ₹1.99 lakh

Kkalpana Industries (India) Limited reported a sharp decline in profitability and revenue for the first quarter of FY26, signaling continued headwinds in its core business. The Kolkata-based manufacturer of reprocessed plastic compounds posted a net profit of ₹1.99 lakh for the quarter ended June 30, 2026, down from ₹5.48 lakh in the corresponding period last year.

Total income from operations fell by 57% year-on-year to ₹4.07 lakh, compared to ₹9.42 lakh in Q1FY25. This decline in top-line growth was accompanied by a steeper drop in bottom-line performance, highlighting margin compression during the period.

Financial Performance

The company’s earnings per share (basic) stood at ₹0.00 per equity share of face value ₹2 each, unchanged from the prior quarter but lower than the ₹0.01 recorded in Q1FY25. The total comprehensive income for the period remained flat at ₹1.99 lakh.

Metric	Q1FY26 (Unaudited)	Q1FY25 (Unaudited)	Change
Total Income from Operations	₹4.07 lakh	₹9.42 lakh	-57%
Net Profit After Tax	₹1.99 lakh	₹5.48 lakh	-64%
EPS (Basic)	₹0.00	₹0.01	-100%

What the Numbers Show

The divergence between the absolute decline in revenue and the near-zero earnings per share indicates that while the company remains technically profitable, its operational scale has contracted significantly. With no subsidiaries or joint ventures contributing to consolidated figures, the standalone results reflect the full impact of the slowdown in the single-segment business model.

Governance and Compliance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on August 11, 2026. The statutory auditors have carried out a limited review of the results in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company operates as a single-segment entity under Indian Accounting Standard 108, focusing exclusively on reprocessed plastic compounds. Dr. Pranab Ranjan Mukherjee, Whole Time Director, signed off on the results.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.98%	+2.86%	+1.55%	-10.11%	-46.39%	-81.95%

Kkalpana Industries (India) Limited reported a standalone net profit of ₹1.99 lakh for the first quarter ended June 30, 2026 (Q1FY27), marking a significant turnaround from the zero-revenue period recorded in the corresponding quarter of the previous year. The plastic compounds manufacturer generated ₹406.50 lakh in revenue from operations, compared to nil in Q1FY26, while total income stood at ₹554.68 lakh. This operational restart highlights a critical shift for the company as it resumes core business activities after a period of inactivity.

The Board of Directors approved the unaudited financial results during its meeting held on August 11, 2026. The statutory auditors, B Chakrabarti & Associates, conducted a limited review of the financial results in compliance with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34).

Financial Performance

The company’s financial statement reveals a complete resumption of operational activity. Revenue from operations surged to ₹406.50 lakh from zero in Q1FY26. Other income contributed ₹148.18 lakh to total income, which reached ₹554.68 lakh. Total expenses amounted to ₹552.14 lakh, primarily driven by cost of materials consumed at ₹289.10 lakh and other expenses at ₹98.93 lakh.

Particulars	Q1FY27 (₹ Lakh)	Q1FY26 (₹ Lakh)	Change
Revenue from Operations	406.50	0.00	—
Other Income	148.18	312.51	-52.52%
Total Income	554.68	1,254.18	-55.77%
Cost of Materials Consumed	289.10	890.38	-67.52%
Employee Benefit Expenses	78.32	133.71	-41.42%
Other Expenses	98.93	238.89	-58.59%
Total Expenses	552.14	1,243.95	-55.61%
Net Profit / (Loss)	1.99	5.48	-63.69%

Earnings per share (EPS) remained flat at ₹0.00, down from ₹0.01 in the previous year. The paid-up equity share capital remained unchanged at ₹1,881.46 lakh. For context, the company reported a net profit of ₹3.11 lakh in Q4FY26 and ₹79.39 lakh for the full year ended March 31, 2026.

What the Numbers Show

The most striking feature of this quarter is the return to operational revenue, albeit with lower overall profitability compared to the prior year’s high other-income base. While revenue from operations started at ₹406.50 lakh, total income declined 55.77% year-on-year due to a sharp drop in other income from ₹312.51 lakh to ₹148.18 lakh. However, cost discipline was evident as total expenses fell by 55.61%, largely due to reduced material costs and other expenses. The net profit of ₹1.99 lakh is lower than the ₹5.48 lakh reported in Q1FY26, indicating that while core operations have resumed, the contribution from non-operating sources has diminished significantly.

Regulatory and Compliance Updates

The company operates as a single-segment entity engaged primarily in reprocessed plastic compounds. Management confirmed that the new Labour Codes notified by the Government of India have no immediate impact on the company’s wage framework or payroll practices, as current systems are substantially aligned with existing laws. The results will be published in newspapers as required by Regulation 47 of the SEBI LODR Regulations, 2015.