Krishna Capital Posts Profit in Q1 FY27; Board Approves Auditor, Director Changes

Krishna Capital and Securities Ltd announced a profit of Rs 4.58 lakh for the quarter ended June 30, 2026, marking a significant improvement from a loss of Rs 1.70 lakh in the same period last year. The company's revenue from operations also saw substantial growth, rising to Rs 25.37 lakh from Rs 8.53 lakh year-over-year.

Reader Takeaway: Profitability rebound and revenue growth signal improved performance, but auditor change and director resignation need monitoring.

What just happened

Krishna Capital and Securities Ltd reported its financial results for the first quarter of fiscal year 2027 (ended June 30, 2026). The company posted a standalone net profit of Rs 4.58 lakh, a marked turnaround from a net loss of Rs 1.70 lakh in the corresponding quarter of the previous fiscal year. Standalone revenue from operations increased to Rs 25.37 lakh from Rs 8.53 lakh.

On a consolidated basis, the company reported a profit of Rs 0.11 lakh, a significant recovery from a loss of Rs 5.88 lakh in the prior year's first quarter.

Why this matters

The return to profitability and strong revenue growth are positive indicators for the company's operational performance and financial health. For shareholders, this signals a potential improvement in the company's earnings trajectory.

The backstory

In the previous fiscal year's first quarter (Q1 FY26), Krishna Capital reported a standalone net loss of Rs 1.70 lakh and revenue of Rs 8.53 lakh. The latest results show a substantial reversal of this trend.

What changes now

The company has accepted the resignation of its Secretarial Auditor, M/s. H M Kadeval & Associates, effective August 14, 2026. M/s. Kunal Sharma & Associates has been appointed as the new secretarial auditor for a five-year term, pending shareholder approval. Additionally, Mr. Nishant Darak has resigned as Non-Executive Additional Independent Director, effective August 14, 2026.

Risks to watch

Shareholders will need to monitor the successful appointment of the new secretarial auditor and ensure continued profitability in the upcoming quarters. Any disruption from the change in directorship could also be a point of concern.

Peer comparison

(No peer comparison data available in the filing).

Context metrics (time-bound)

Standalone Revenue from Operations:

• Q1 FY27 (Jun 30, 2026): Rs 25.37 lakh
• Q1 FY26 (Jun 30, 2025): Rs 8.53 lakh

Standalone Profit/(Loss):

• Q1 FY27 (Jun 30, 2026): Rs 4.58 lakh
• Q1 FY26 (Jun 30, 2025): Rs (1.70) lakh