Key Corporation Q2 Results: Loss of Rs 1.22 Crore Recorded

Total Income stood at Rs 0.11 crore for the quarter; H1 Net Profit grew to Rs 8.02 crore.

Reader Takeaway: Strong half-year profit growth faces significant quarterly pressure due to a massive revenue contraction in September.

What just happened

Key Corporation Ltd has filed its financial results for the quarter and half-year ended September 30, 2026. The company reported a net loss of Rs 1.22 crore for the second quarter, a stark reversal from the Rs 9.24 crore profit achieved in the first quarter of the current fiscal year. Total income for the quarter also saw a steep decline, falling to Rs 0.11 crore from Rs 9.46 crore in the preceding quarter.

Why this matters

Investors will note the high volatility in earnings, as the quarterly revenue drop suggests inconsistency in business operations. Despite the recent quarterly loss, the company’s performance for the half-year remains in positive territory with a net profit of Rs 8.02 crore, up from Rs 5.32 crore in the corresponding period of the previous year.

The backstory

The company maintains a single business segment and operates under Indian Accounting Standards (Ind AS). The results have been reviewed by statutory auditors to ensure compliance. The firm also clarified that there are no stress loans requiring transfer or acquisition for the reporting period.

Context metrics

As of September 30, 2026, the company’s balance sheet shows total assets of Rs 73.91 crore, an increase from the Rs 65.71 crore reported as of March 31, 2026. Total equity has similarly grown to Rs 73.57 crore over the same period, reflecting an expansion in the asset base despite recent quarterly earnings headwinds.