Kore Digital reports FY26 net profit of ₹369.13 crore
Kore Digital Limited reported a consolidated net profit of ₹3,691.28 lakhs for the year ended March 31, 2026, up from ₹3,215.20 lakhs in the previous year. Revenue from operations rose to ₹40,830.16 lakhs. The Board approved the audited financial results on May 30, 2026. Statutory auditors M/s. J N Gupta & Co issued an unmodified opinion. Standalone net profit was ₹391.92 lakhs. The company forfeited share warrant application money of ₹1,25,01,375 and confirmed full utilization of IPO proceeds.
*this image is generated using AI for illustrative purposes only.
Kore Digital Limited reported a consolidated net profit of ₹3,691.28 lakhs for the year ended March 31, 2026, an increase from ₹3,215.20 lakhs in the previous year. Revenue from operations rose to ₹40,830.16 lakhs for the fiscal year, compared to ₹32,774.44 lakhs in FY25. The company’s Board of Directors approved the audited standalone and consolidated financial results for the half year and year ended March 31, 2026, at a meeting held on May 30, 2026.
The statutory auditors, M/s. J N Gupta & Co, issued an audit report with an unmodified opinion on the financial results. The auditors noted that balance confirmations for trade receivables and trade payables are in the process of being obtained and reconciled, though management represented that this would not result in any material difference affecting the financial statements.
Consolidated Financial Performance
For the year ended March 31, 2026, the company reported a total income of ₹40,838.36 lakhs. Total expenses for the period stood at ₹35,888.59 lakhs. Profit before tax for the year was ₹4,978.74 lakhs. The basic and diluted earnings per share (EPS) for the year were recorded at ₹29.89, up from ₹26.37 in the previous year.
| Metric | Year Ended March 31, 2026 (₹ in Lakhs) | Year Ended March 31, 2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 40,830.16 | 32,774.44 |
| Total Income | 40,838.36 | 32,781.63 |
| Total Expenses | 35,888.59 | 28,563.42 |
| Profit Before Tax | 4,978.74 | 4,218.21 |
| Net Profit | 3,691.28 | 3,215.20 |
| Basic EPS (₹) | 29.89 | 26.37 |
Standalone Results and Key Disclosures
On a standalone basis, the company reported a net profit of ₹391.92 lakhs for the year ended March 31, 2026, compared to ₹962.36 lakhs in the previous year. Revenue from operations for the standalone entity was ₹6,271.36 lakhs, down from ₹13,197.52 lakhs in FY25. The decrease in standalone revenue was attributed to changes in the business model, including a shift towards trading operations.
During the year, the company forfeited share warrant application money amounting to ₹1,25,01,375 received against 62,900 fully convertible equity share warrants issued to promoters. The warrants were issued at an exercise price of ₹795 per warrant, and as the holders did not exercise their option within the stipulated validity period, the application money was forfeited and transferred to Capital Reserve.
The company also recognized prior period income of ₹28.96 lakhs during the year due to the reversal of excess depreciation charged in the previous financial year. Kore Digital Limited confirmed that it has fully utilized the proceeds from its Initial Public Offer and no amount remains unutilized as of March 31, 2026.
Historical Stock Returns for Kore Digital
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.96% | -15.68% | -28.17% | -32.59% | -62.51% | -45.01% |
How will the strategic shift towards trading operations impact the company's long-term revenue stability and profit margins?
What specific growth initiatives or acquisitions does Kore Digital plan to drive the consolidated revenue growth seen in FY26?
Will the forfeiture of promoter share warrants affect future fundraising efforts or promoter shareholding structure?
18
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
