Shri Krishna Prasadam Limited Re-adopts Financial Results for Nine Quarters

3 min read     Updated on 02 Jan 2026, 06:11 PM
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Overview

Shri Krishna Prasadam Limited re-adopted unaudited financial results for nine quarters following a Board meeting on January 2, 2026. The company showed no operational activity in Q1 FY26 while recording substantial losses in previous quarters, with total assets declining by 99.91% from ₹1,366.34 lakhs to ₹1.27 lakhs.

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Shri Krishna Prasadam Limited has re-adopted unaudited financial results for multiple quarters following a Board of Directors meeting held on January 2, 2026. The company informed BSE Limited about this decision in compliance with Regulation 30 and 33 of the SEBI (LODR) Regulations, 2015, covering nine quarters from September 2023 to June 2025, including the latest Q1 FY26 results.

Q1 FY26 Financial Performance

The company's Q1 FY26 results ending June 30, 2025 showed no operational activity with zero revenue and total income. The quarter recorded significant expenses primarily in other expenses category:

Financial Metric: Q1 FY26 (Jun 2025) Q4 FY25 (Mar 2025) Q1 FY25 (Jun 2024) FY25 Annual
Total Income: ₹0.00 lakhs ₹0.00 lakhs ₹0.00 lakhs ₹0.00 lakhs
Other Expenses: ₹0.00 lakhs ₹1,239.53 lakhs ₹32.35 lakhs ₹1,275.39 lakhs
Total Expenses: ₹0.00 lakhs ₹1,239.73 lakhs ₹0.00 lakhs ₹1,275.59 lakhs
Net Profit/(Loss): ₹0.00 lakhs ₹(1,239.55) lakhs ₹0.00 lakhs ₹(1,275.41) lakhs
Basic EPS: ₹0.00 ₹(12.27) ₹0.00 ₹(12.63)

The Q1 FY26 quarter showed no business activity, while the preceding Q4 FY25 quarter recorded substantial losses of ₹1,239.55 lakhs.

Historical Financial Performance Overview

The company's financial performance during the reviewed periods reflects minimal business activity across multiple quarters. The quarterly results show limited operational activity with primary expenses being other expenses and employee benefits:

Financial Metric: Q3 FY25 (Dec 2024) Q2 FY25 (Sep 2024) Q4 FY24 (Mar 2024) Q3 FY24 (Dec 2023)
Total Income: ₹0.00 lakhs ₹0.00 lakhs ₹0.00 lakhs ₹0.00 lakhs
Total Expenses: ₹1.00 lakhs ₹2.51 lakhs ₹0.93 lakhs ₹0.18 lakhs
Net Profit/(Loss): ₹(1.00) lakhs ₹(2.51) lakhs ₹(0.93) lakhs ₹(0.18) lakhs
Basic EPS: ₹(0.01) ₹(0.02) ₹(0.01) ₹(0.00)

Annual Performance Analysis

For the year ended March 31, 2025, the company reported comprehensive performance metrics showing deteriorated financial position:

Performance Metric: FY25 FY24 FY23
Total Income: ₹0.00 lakhs ₹0.29 lakhs ₹0.40 lakhs
Total Expenses: ₹1,275.59 lakhs ₹1.65 lakhs ₹0.41 lakhs
Net Loss: ₹(1,275.41) lakhs ₹(1.36) lakhs ₹(0.01) lakhs
Basic EPS: ₹(12.63) ₹(0.01) ₹(0.00)

Balance Sheet Position

The company's financial position showed a dramatic reduction in total assets from ₹1,366.34 lakhs as of March 31, 2024 to ₹1.27 lakhs as of March 31, 2025:

Asset Category: Mar 31, 2025 Mar 31, 2024 Change
Non-Current Assets: ₹0.20 lakhs ₹851.39 lakhs -99.98%
Current Assets: ₹1.07 lakhs ₹514.95 lakhs -99.79%
Total Assets: ₹1.27 lakhs ₹1,366.34 lakhs -99.91%

The significant reduction was primarily due to write-offs of inventories (₹465.12 lakhs), trade receivables (₹46.59 lakhs), and other non-current assets (₹849.44 lakhs).

Regulatory Compliance and Audit

The financial results were reviewed by statutory auditors A K P S & Co., Chartered Accountants, who issued a Limited Review Report dated August 24, 2025. The auditors confirmed that the unaudited financial statements were prepared in accordance with applicable accounting standards and SEBI regulations. The Board meeting commenced at 11:00 a.m. and concluded at 5:35 p.m. on January 2, 2026, with all necessary approvals obtained for the re-adoption of these financial results covering the period from September 30, 2023 to June 30, 2025.

Meeting Details: Information
Meeting Date: January 2, 2026
Start Time: 11:00 a.m.
End Time: 5:35 p.m.
Auditor: A K P S & Co., Chartered Accountants
Review Report Date: August 24, 2025
Share Capital: ₹1,010.00 lakhs
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