Kuwer Industries Limited reported a net profit of ₹200.40 lakh for the financial year ended March 31, 2026, a significant increase from ₹45.56 lakh in the previous year. The company's revenue from operations rose to ₹7294.93 lakh for FY26, up from ₹5786.70 lakh in FY25. The Board of Directors approved the audited financial results during a meeting held on May 30, 2026.

Financial Performance

The total income for the year stood at ₹8191.73 lakh, compared to ₹5805.84 lakh in the prior year. For the quarter ended March 31, 2026, the company recorded a net profit of ₹159.61 lakh, reversing the net loss of ₹7.60 lakh reported in the same quarter of the previous year. Revenue for the quarter surged to ₹2974.48 lakh from ₹1359.79 lakh.

Operational Metrics

Total expenses for FY26 increased to ₹7971.54 lakh from ₹5771.66 lakh in the previous year. The cost of materials consumed was ₹6213.30 lakh, up from ₹5173.42 lakh. Finance costs decreased to ₹246.97 lakh from ₹263.10 lakh. The company’s basic earnings per share (EPS) for the year improved to ₹2.21 from ₹0.50 in the prior year.

Auditor's Report and Key Matters

M/s PVSP & Co., Statutory Auditors, issued an unmodified opinion on the audited financial results. However, the auditors flagged a Key Audit Matter regarding the sale of land and building situated at Noida during the financial year for a total consideration of ₹ 9 crore. The auditors noted that the Board executed this sale transaction without obtaining the requisite shareholder approval via Special Resolution as required under Section 180(1)(a) of the Companies Act, 2013, and Form MGT-14 was not filed.

Assets and Liabilities

The company's total assets as of March 31, 2026, stood at ₹7197.67 lakh, slightly higher than ₹7006.49 lakh in the previous year. Total equity increased to ₹1985.01 lakh from ₹1781.04 lakh. Borrowings rose, with non-current borrowings at ₹1391.40 lakh and current borrowings at ₹2184.85 lakh.

Kuwer Industries Limited has announced that its Board of Directors will meet on Saturday, May 30, 2026. The meeting is scheduled to take place at 2:30 PM at the company's registered office located in New Delhi.

The primary agenda for the meeting is to consider and approve the audited financial results for the quarter and fiscal year ended March 31, 2026. Following the deliberation, the board may approve the results if deemed fit.

Meeting Details

The board meeting will be conducted under the provisions of Regulation 29(1)(a) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The venue for the meeting is set for the registered office in New Friends Colony.

The company has informed BSE Limited regarding the scheduled meeting. The intimation was sent to the Corporate Relationship Department of the stock exchange.