Quarterly Result28 May 2026, 08:32 pm
Karma Energy Q4/FY26 Net Loss ₹236.43 Lac; MD Re-appointed
AI Summary
Karma Energy Limited's Board of Directors, in a meeting on May 28, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. For the full financial year 2026, the company reported a net loss of ₹236.43 Lac, with total income reaching ₹1,305.36 Lac. Additionally, the Board approved the re-appointment of Mr. Chetan Durgadas Mehra as Managing Director for a further period of three years, effective December 1, 2026, subject to shareholder approval. The statutory auditors, M/s. Batliboi & Purohit, issued an unmodified opinion on the financial results.
Key Highlights
- Board approved audited Q4 and FY26 financial results on May 28, 2026.
- FY26 net loss reported at ₹236.43 Lac; total income was ₹1,305.36 Lac.
- Mr. Chetan Durgadas Mehra re-appointed as MD for three years from Dec 1, 2026.
- Statutory auditors issued an unmodified opinion on the financial results.
- Financial results include restatement effects for FY25 as per Note 9.
Price Impact
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