NK Industries Reports Rs 173.88 Lakh Loss in H1 FY26 Amid Ongoing Legal Challenges
NK Industries Limited reported a net loss of Rs 173.88 lakh for the half year ended September 30, 2025, a significant increase from Rs 39.54 lakh loss in the previous year. Revenue remained flat at Rs 120 lakh. The company faces ongoing legal challenges, including NSEL recovery proceedings for Rs 937 crores plus interest, asset attachment by the Directorate of Enforcement, and criminal proceedings. Despite accumulated losses of Rs 35,403.93 lakh and negative net worth, management remains optimistic about potential business revival.
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NK Industries Limited , a company facing significant legal and financial hurdles, has reported a net loss of Rs 173.88 lakh for the half year ended September 30, 2025. This marks a substantial increase from the Rs 39.54 lakh loss reported in the corresponding period last year, according to the company's latest financial results.
Financial Performance
The company's financial performance for the first half of FY26 paints a challenging picture:
| Particulars | H1 FY26 | H1 FY25 | Change |
|---|---|---|---|
| Net Loss | 173.88 | 39.54 | 339.80 |
| Revenue from Operations | 120.00 | 120.00 | 0.00 |
All figures in Rs lakh
The quarterly results showed a loss of Rs 145.66 lakh, compared to Rs 28.48 lakh in the same quarter of the previous year. Revenue from operations remained flat at Rs 120 lakh for the half year, indicating stagnant business activity.
Ongoing Legal Challenges
NK Industries continues to face significant legal challenges that may impact its future operations:
NSEL Proceedings: National Spot Exchange Limited (NSEL) has initiated recovery proceedings against the company for an alleged amount of approximately Rs 937 crores plus interest.
Asset Attachment: The Directorate of Enforcement has attached company assets under the Prevention of Money Laundering Act 2002.
Criminal Proceedings: The company is facing criminal proceedings under various acts.
Financial Position
The company's financial position remains precarious:
- Accumulated losses of Rs 35,403.93 lakh as of September 30, 2025
- Negative net worth
Despite these challenges, the management has prepared accounts on a going concern basis, expressing confidence in potential business revival through improved profitability.
Management's Stance
In the face of these challenges, the company's management remains optimistic. They have stated their commitment to making sincere efforts for the revival of the business and are confident in their ability to recover losses through improved profitability in the foreseeable future.
Conclusion
NK Industries Limited faces a complex set of financial and legal challenges. While the management expresses confidence in a potential turnaround, the significant increase in losses and ongoing legal issues present substantial hurdles for the company's future operations and financial stability.
Investors and stakeholders will likely be watching closely to see how NK Industries navigates these challenges in the coming quarters.
Historical Stock Returns for NK Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.49% | -1.31% | -2.65% | +6.57% | +36.56% | +270.03% |
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