Kreon Financial Services Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹725.85 lakh against a net loss of ₹414.14 lakh in the previous year. The company's total revenue from operations surged to ₹3,867.59 lakh for FY26, driven primarily by a substantial rise in fees and commission income, which reached ₹3,493.79 lakh. The Board of Directors approved the audited financial results at its meeting held on May 29, 2026.

For the quarter ended March 31, 2026 (Q4FY26), the company posted a net profit of ₹36.28 lakh, reversing the net loss of ₹78.84 lakh recorded in the corresponding quarter of the previous year. Total revenue from operations for Q4FY26 increased to ₹1,013.79 lakh from ₹721.39 lakh in Q4FY25. The statutory auditors, M/s. Darpan & Associates, issued an unmodified opinion on the audited financial results.

Financial Performance Overview

The turnaround in profitability was supported by a 65.8% year-on-year growth in total revenue from operations. Fees and commission income, the largest revenue component, grew from ₹2,067.19 lakh in FY25 to ₹3,493.79 lakh in FY26. Interest income also improved to ₹106.24 lakh from ₹75.98 lakh in the prior year. Despite the revenue growth, total expenses for FY26 rose to ₹3,344.07 lakh from ₹3,072.38 lakh, primarily due to higher bad debts and employee benefit expenses.

Key Financial Metrics

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, stood at ₹7,658.69 lakh, up from ₹6,622.33 lakh in the previous year. This increase was largely driven by a rise in financial assets, which grew to ₹7,059.08 lakh from ₹6,168.50 lakh. Equity and liabilities also improved, with total equity rising to ₹3,608.46 lakh from ₹3,095.08 lakh. Cash flow from operating activities for FY26 was negative at ₹714.84 lakh, while investing activities provided a net inflow of ₹772.02 lakh.

Segment Reporting and Notes

Kreon Financial Services is primarily engaged in the business of financing and has not identified any separate reportable segments as per Ind AS 108. The company did not declare any interim dividend for the period. Other income for the quarter included a recovery of bad debts amounting to ₹139.85 lakh. The figures for the quarters ended March 31, 2026, and March 31, 2025, were derived as balancing figures between the audited full-year results and the published unaudited year-to-date figures.

Kreon Financial Services has increased its shareholding in Kairosoft AI Solutions Limited to 9.05% through an open market acquisition. The transaction involved the purchase of 15,870 equity shares, raising the acquirer's stake from a previous holding of 7.71%. The acquisition was disclosed to BSE Limited on June 9, 2026, in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing details that prior to the acquisition, Kreon Financial Services Limited held 91,237 shares, representing 7.71% of the total share capital. Following the purchase of 15,870 shares, the total holding rose to 1,07,107 shares. The target company, Kairosoft AI Solutions Limited, has its registered office in New Delhi and is listed on BSE Limited.

Acquisition Details

The disclosure provides a breakdown of the shareholding structure before and after the transaction. The acquirer does not belong to the promoter or promoter group of the target company. The shares acquired are equity shares that rank pari-passu to the existing shares of Kairosoft AI Solutions Limited.

Shareholding Pattern

The total equity share capital of Kairosoft AI Solutions Limited stands at ₹1,18,29,560, comprising 11,82,956 equity shares of ₹10 each. The mode of acquisition was specified as the open market, with the date of the acquisition recorded as June 9, 2026, the date on which the holding crossed the 9% threshold.