Shree Krishna Infrastructure Limited reported a net profit of ₹16.24 lakh for the half year ended September 30, 2026, marking a significant turnaround from the loss of ₹109.39 lakh recorded in the corresponding period of the previous fiscal year.

The company’s Board of Directors approved these unaudited financial results during a meeting held on October 15, 2026. The shift to profitability was primarily driven by a sharp reduction in operating expenses and an increase in other income, despite zero revenue from operations in the current period.

Financial Performance Overview

The company’s total income for H1FY27 stood at ₹31.27 lakh, down from ₹40.80 lakh in H1FY26. This decline was attributed to the absence of revenue from operations, which was ₹30.88 lakh in the previous year. However, other income rose significantly to ₹31.27 lakh from ₹9.92 lakh in the prior period.

Expenses saw a substantial contraction, falling to ₹8.83 lakh from ₹150.21 lakh in H1FY26. Key drivers for this reduction included a drop in employee benefit expenses to ₹1.35 lakh (from ₹100.71 lakh) and lower other expenses at ₹6.86 lakh (from ₹42.75 lakh).

What the Numbers Show

The return to profitability is entirely dependent on non-operational factors. With revenue from operations at zero, the entire profit base stems from other income, which accounted for 100% of total income. Furthermore, the massive reduction in employee benefit expenses, which fell by over 98%, suggests a significant restructuring or cessation of staff-related costs compared to the prior year. The company also incurred a current tax expense of ₹6.20 lakh, reducing the pre-tax profit of ₹22.44 lakh to the final net profit figure.

Balance Sheet and Cash Flow

Total assets grew marginally to ₹1,228.78 lakh as of September 30, 2026, from ₹1,199.91 lakh as of March 31, 2026. Equity remained stable at ₹1,215.64 lakh, with other equity increasing slightly to ₹115.64 lakh.

Cash and cash equivalents stood at ₹0.48 lakh, up from ₹0.27 lakh at the beginning of the period. The company generated positive cash flow from investing activities of ₹31.27 lakh, driven by interest received, which offset the negative cash flow from operating activities of ₹33.61 lakh.

Corporate Actions

The Board discussed a proposal for the issuance of convertible warrants on a preferential basis but deferred the final decision to the next meeting. No dividend was declared during this period.

Shree Krishna Infrastructure Limited announced the resignation of Vishal Gupta from his position as Chief Financial Officer (CFO), effective October 3, 2026. The departure was communicated to BSE Limited under SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Reason for Departure

Gupta cited increasing personal and professional commitments as the primary reason for stepping down. In his resignation letter, he stated that these obligations required dedicated attention, making it difficult to discharge CFO responsibilities with the necessary focus. He emphasized that the decision was taken in the best interest of the company and its stakeholders.

Regulatory Disclosure Details

The company filed an intimation with the listing department detailing the cessation. The following table summarizes the key disclosures made pursuant to Regulation 30 of SEBI LODR:

Company Statement

Shree Krishna Infrastructure placed on record its appreciation for Gupta’s contributions during his tenure. The company requested the exchange to update its records accordingly. No successor has been named in the immediate disclosure.

The resignation letter highlighted Gupta’s pride in being part of the company’s growth journey and its commitment to excellence in the logistics sector. He assured full cooperation for a smooth handover of responsibilities and pending matters.