
Board Meeting13 Aug 2026, 08:50 pm
Kridhan Infra Approves Unaudited Q1 FY27 Financial Results
AI Summary
Kridhan Infra Ltd announced that its Board of Directors, in a meeting held on August 13, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also informed about the authorization of Key Managerial Personnel to determine materiality of events and make disclosures. The auditor's limited review report highlighted that the company has accumulated losses and its net worth is fully eroded, but it is preparing financial results on a going concern basis, supported by future business prospects, cost reduction measures, and efforts to increase its equity base.
Key Highlights
- Board approved unaudited standalone & consolidated financial results for Q1 FY27.
- Financial results prepared on a going concern basis.
- Company has accumulated losses and fully eroded net worth.
- KMP authorized for disclosures and materiality determination.
- Auditor's limited review report attached to the results.
Price Impact
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