Quarterly Result6 Nov 2026, 05:28 pm
KBS India Ltd Board Approves Un-Audited Financial Results for Q2 FY27
AI Summary
KBS India Ltd announced that its Board of Directors has approved the Un-Audited Financial Results and Limited Review Report for the Quarter and Half-Year ended September 30, 2026. The board meeting took place on November 6, 2026. The auditor's report highlighted issues including unprovided gratuity liability and unprovided long-term loan and current account balance receivable from an erstwhile subsidiary, KBS Capital Management Singapore Pte Ltd, which has been struck off. These issues have resulted in a misstatement of profit and reserves.
Key Highlights
- Board approved unaudited financial results for Q2 FY27.
- Limited Review Report also approved by the Board.
- Auditor noted unprovided gratuity liability.
- Auditor highlighted unprovided loan from erstwhile subsidiary.
- Misstatement of profit and reserves identified by auditor.
Price Impact
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