Kanani Industries Limited has submitted its unaudited financial results for the third quarter of fiscal year 2026, demonstrating strong operational performance. The company's Board of Directors approved both standalone and consolidated financial statements for the quarter ended December 31, 2025, in compliance with SEBI regulations.

Financial Performance Overview

The company's consolidated operations showed robust performance during Q3FY26. Revenue from operations reached ₹2,847.02 lakhs for the quarter, while the nine-month period recorded total revenue of ₹16,088.24 lakhs.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Kanani Industries demonstrated consistent growth trajectory. The consolidated revenue from operations totaled ₹16,088.24 lakhs compared to ₹13,475.89 lakhs in the corresponding previous period.

Standalone vs Consolidated Performance

The company's standalone operations showed different dynamics, with revenue from operations recorded at nil for the quarter, while other income contributed ₹33.50 lakhs. The standalone net profit for Q3FY26 was ₹16.22 lakhs with basic earnings per share of ₹0.01.

Regulatory Compliance and Audit Review

The financial results were submitted pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. JMMK & Co., Chartered Accountants, conducted a limited review of the financial results and expressed an unmodified opinion on the statements.

The company operates with its registered office at Bharat Diamond Bourse in Mumbai and manufacturing facility at Surat Special Economic Zone, Gujarat. The results are available on the company's website and stock exchange platforms for investor reference.

Kanani Industries Limited , a company listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), has reported a change in its promoter shareholding. Harshil Premjibhai Kanani, a promoter of the company, has reduced his stake through open market transactions.

Transaction Details

Key Points

• Transaction Date: The disposal of shares took place on March 19, 2024.
• Method of Disposal: The shares were sold through open market transactions.
• Impact on Total Equity: The company's total equity share capital remained unchanged at 197,868,000 shares.

This transaction represents a marginal decrease in the promoter's shareholding, reducing it by 0.48 percentage points. The reasons for the share disposal have not been disclosed.

Despite this reduction, Harshil Premjibhai Kanani continues to hold a significant majority stake in Kanani Industries Limited, maintaining control over 57.63% of the company's total share capital.

Investors and market analysts may monitor any further changes in the promoter's shareholding pattern.