Kundan Minerals and Metals Limited reported a consolidated net profit of ₹10,814.76 lakh for the financial year ended March 31, 2026, a decrease from ₹12,793.54 lakh in the previous year. Total income for the year rose to ₹476,296.66 lakh compared to ₹428,970.39 lakh in FY25. The Board of Directors approved the audited standalone and consolidated financial results during a meeting held on May 27, 2026. The statutory auditors provided an unmodified opinion on the annual audited standalone and consolidated financial results.

Consolidated Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹841.14 lakh, a significant decrease from ₹6,042.67 lakh in the same quarter of the previous year. Total income for Q4 FY26 stood at ₹142,524.64 lakh. The company recorded a share of loss of associate accounted for using the equity method at ₹97.39 lakh for the year.

Standalone Results

On a standalone basis, the company reported a net profit of ₹259.24 lakh for FY26, down from ₹12,579.79 lakh in the previous year. For the quarter ended March 31, 2026, the standalone net profit was ₹(13.42) lakh. Total standalone income for the year was ₹1,728.46 lakh.

Corporate Governance and Disclosures

The Board re-appointed S Lall Vikas & Co., Chartered Accountants, as internal auditors for the financial year 2026-27. The auditors confirmed that the financial statements present a true and fair view in conformity with Indian Accounting Standards. The company noted that trading of its equity shares remains temporarily suspended on the BSE and NSE since October 4, 2023, following the approval of a resolution plan by the National Company Law Tribunal (NCLT). The company is currently in the process of obtaining approval for the revocation of suspension and re-listing of its shares.

Segment and Regulatory Disclosures

The company operates in a single business segment, "Precious metals and related products". During the quarter, subsidiary Kundan Gold Mines Private Limited issued Compulsorily Convertible Debentures (CCDs) to Absolute Herbs Exports LLP on March 30, 2026, ceasing to be a subsidiary and becoming an associate company. The CCDs were converted into equity shares on May 20, 2026. Additionally, the Holding Company subscribed to a 70% equity stake in Kundan Venture FZCO in February 2025. A Survey under Sec 133A was conducted by the Income Tax department on the Group Companies on January 28, 2026.

Kundan Minerals and Metals Limited has announced the postponement of its Board of Directors meeting, originally convened on Monday, May 18, 2026, to Tuesday, May 19, 2026. The company communicated this development to BSE Limited and the National Stock Exchange of India Limited in accordance with Regulation 30, citing ongoing discussions relating to its financial statements as the reason for the deferral.

Reason for Postponement

The Board meeting scheduled for May 18, 2026 was postponed due to continuing deliberations surrounding the company's financial statements. The rescheduled meeting on May 19, 2026 will allow the Board of Directors to further discuss, consider, and conclude matters pertaining to the financial statements for the financial year ended March 31, 2026.

Key Details of the Rescheduled Meeting

The following details summarise the postponement as disclosed by the company:

Outcome Disclosure Commitment

Kundan Minerals and Metals Limited has confirmed that the outcome of the Board Meeting will be submitted to the stock exchanges upon the conclusion of the meeting on May 19, 2026. The intimation was signed by Sonica Verma, Company Secretary and Compliance Officer of the company.