Shree Krishna Infrastructure Limited reported a net loss of ₹15.25 crore for the financial year ended March 31, 2026, with total income standing at ₹8.26 crore. The company's statutory auditor, NKSC & Co., issued a disclaimer of opinion on the financial statements due to a change in management during the year, which prevented the verification of key financial records.

The auditor noted that the current management was unable to provide sufficient and appropriate financial or accounting records. This included bank statements, loan agreements, confirmations for trade receivables and payables, and supporting vouchers for sales and expenses. Consequently, the auditor could not verify the state of affairs, profit, or cash flows for the year ended March 31, 2026.

In compliance with SEBI LODR Regulation 33(3)(d), the company submitted a statement detailing the impact of these audit qualifications. The document outlined the management's views and explanations regarding the qualification. Management stated that it is currently looking into the matter, though it did not provide a quantified estimate of the financial impact.

The Board of Directors reviewed and approved the statement on the impact of audit qualifications during their meeting held on May 29, 2026. The disclosure was submitted to BSE Limited, where the company is listed under the scrip code 542146.

The following table presents the audited financial figures for the financial year ended March 31, 2026, as reported before and after adjusting for the qualifications. The figures remained unchanged as the impact was not quantified.

The signatories to the statement included Managing Director Anil Shiv Charan Singh, CFO Vishal Gupta, and Statutory Auditor Priyank Goyal.

Shree Krishna Infrastructure reported a net profit of ₹9.32 lakh for the financial year ended March 31, 2026, marking an increase from ₹3.45 lakh in the previous year. The company's revenue from operations declined to ₹3.44 lakh in FY26 from ₹79.55 lakh in FY25. Total income for the year stood at ₹65.37 lakh, compared to ₹84.12 lakh in the prior year, as per the audited financial results approved by the Board on May 29, 2026.

Financial Performance

The company's total expenses for FY26 were ₹54.20 lakh, a decrease from ₹79.51 lakh in the previous year. Profit before tax for the year was ₹11.17 lakh, up from ₹4.61 lakh in FY25. The basic and diluted earnings per share (EPS) for the year stood at ₹0.08, compared to ₹0.03 in the previous year.

For the half year ended March 31, 2026, the company reported a net profit of ₹118.71 lakh, compared to a loss of ₹109.39 lakh in the half year ended September 30, 2025. Revenue from operations for this half year was negative at ₹(27.44) lakh, while other income contributed ₹52.01 lakh.

Balance Sheet Highlights

The total assets of the company as of March 31, 2026, stood at ₹1,199.91 lakh, slightly higher than ₹1,196.26 lakh in the previous year. Equity share capital remained constant at ₹1,100.00 lakh. Total equity increased to ₹1,199.57 lakh from ₹1,190.25 lakh in the prior year.

Current assets were reported at ₹1,198.76 lakh, a significant rise from ₹358.47 lakh in FY25, primarily driven by other financial assets which stood at ₹1,188.77 lakh. Cash and cash equivalents decreased substantially to ₹0.27 lakh from ₹328.76 lakh in the previous year.

Cash Flow and Auditor's Report

Net cash flow used in operating activities for FY26 was ₹(417.50) lakh, compared to a generation of ₹249.11 lakh in the previous year. Cash and cash equivalents at the end of the year stood at ₹0.27 lakh, down from ₹328.76 lakh at the beginning of the year.

The statutory auditor, NKSC & Co., issued a disclaimer of opinion on the accompanying consolidated financial statements due to a change in management during the financial year. The current management was unable to provide sufficient financial records to verify transactions. However, the auditor issued an unmodified opinion on the standalone annual audited financial results.