Kranti Industries has scheduled a meeting of its Board of Directors for Saturday, August 29, 2026. The session will focus on approving the annual report for the financial year ended March 31, 2026, alongside convening the 31st Annual General Meeting.

The board is set to consider the draft Directors' Report and the draft Annual Report for FY26. These documents will outline the company's performance and strategic direction for the concluded fiscal year.

Key Agenda Items

The meeting agenda includes several critical corporate governance and financial matters:

• Approval of the draft Notice for the 31st AGM, including the Explanatory Statement.
• Fixing the Book Closure period, e-Voting Cut-off Date, and the date, time, and venue for the AGM.
• Consideration of creating mortgage, charge, or security interest on company assets, subject to necessary approvals.
• Approval of borrowing monies in excess of the aggregate of paid-up share capital, free reserves, and securities premium account, pending member approval where applicable.

Regulatory Compliance

The intimation was issued pursuant to Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company requested the BSE Limited to take this information on record and disseminate it on their website.

The meeting will be held at the company's registered office located at Gat No. 267/B/1, At Post Pirangut, Tal. Mulshi, Pune.

Kranti Industries reported a consolidated net loss of ₹9.08 lakh for the first quarter of FY27, widening significantly from a ₹59.63 lakh profit in the corresponding quarter of FY26. The company’s standalone entity also turned unprofitable, posting a net loss of ₹5.5 lakh compared to a profit of ₹66.6 lakh in Q1FY26.

The earnings conference call for the quarter ended June 30, 2026, was held on August 17, 2026. Chairman and Managing Director Sachin Subhash Vora and Whole Time Director Sumit Subhash Vora represented the company during the session. Company Secretary Sampada Shekhar Barsawade confirmed that the transcript and audio recording have been made available on the company’s website pursuant to Regulation 30 and Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Revenue from operations stood at ₹2,546.6 lakh on a standalone basis, representing a 26.8% increase year-on-year from ₹2,008.2 lakh. On a consolidated basis, revenue was also ₹2,546.6 lakh. Chairman and Managing Director Sachin Subhash Vora attributed the top-line growth to stable domestic demand and rising localization in the Indian automotive sector.

Financial Performance

The company’s operating performance showed marked improvement despite the bottom-line loss. Gross profit rose to ₹1,261.3 lakh, reflecting a gross profit margin of 49.5%, up from 43.9% in Q1FY26. EBITDA amounted to ₹287.6 lakh, corresponding to an EBITDA margin of 11.3%. This was a significant improvement from the ₹166.5 lakh EBITDA recorded in Q4FY26.

The shift to a net loss was primarily driven by increased finance costs arising from higher working capital requirements, along with higher depreciation. Employee benefit expenses surged to ₹550.88 lakh (standalone), up from ₹315.23 lakh in Q1FY26. Finance costs also increased to ₹127.71 lakh from ₹85.59 lakh during the same period.

What the Numbers Show

A notable divergence exists between operational efficiency and profitability metrics. While EBITDA margins expanded by 562 basis points year-on-year to 11.3%, indicating improved cost control and business mix, this operational gain was entirely offset by non-operating expenses. The rise in finance costs and depreciation prevented the strong EBITDA performance from translating into net profit, highlighting sensitivity to working capital cycles and debt servicing costs.

Corporate Developments

During the year ended March 31, 2026, the company ceased control over Preciso Metal Private Limited, deconsolidating it from its financial statements. Conversely, Kranti Industries acquired a 35% equity stake in Krako Precision Private Limited in October 2025. Krako Precision commenced commercial operations in Q1FY27, and its results are accounted for using the equity method.

The Board of Directors approved the unaudited financial results on August 13, 2026. GMCS & Co., Chartered Accountants, issued a limited review report on both standalone and consolidated figures.