Kedia Construction Company508993Quarterly results
Revised board outcome: Q2 and H1 FY27 results approved, net loss of Rs. 85.25 lakh for the quarter
Revised board meeting outcome shared.
By ScoutQuest · · 2 min read
- Q2 total income / net loss
- Total income Rs. 9.72 lakh; net loss Rs. 85.25 lakh (quarter ended 30 September 2026)
- H1 net loss
- Half year: total income Rs. 17.77 lakh, net loss Rs. 113.65 lakh
- Balance sheet items
- Inventories Rs. 1,145.12 lakh; total assets Rs. 1,483.48 lakh
The company shared a revision of the outcome of its board meeting held on 3 November 2026, and along with it the un-audited financial results for the quarter and half year ended 30 September 2026.
What the revision covers
- The company states there was an "inadvertent error in mentioning the meeting conclusion time in the original disclosure".
- In this update the meeting is stated to have commenced at 03.00 P.M. and concluded at 04.10 P.M.
What the board approved
- Un-audited financial results for the quarter and half year ended 30 September 2026.
- Limited review report of the statutory auditors for the same period.
Quarter ended 30 September 2026 (Rs. in lakhs)
- Net sales / income from operations: 10.50
- Other income: (0.78) — printed in brackets, i.e. negative
- Total income: 9.72
- Total expenditure: 94.97
- Loss before exceptional items and tax: (85.25)
- Net loss after tax: (85.25)
- Basic and diluted EPS (face value Rs. 1 per share, not annualised): (0.771)
Half year ended 30 September 2026 (Rs. in lakhs)
- Net sales / income from operations: 21.00
- Total income: 17.77
- Total expenditure: 151.42
- Net loss after tax: (113.65)
- Basic and diluted EPS: (1.027)
Balance sheet as at 30 September 2026 (Rs. in lakhs)
- Total assets: 1,483.48
- Inventories: 1,145.12 — the largest single item on the asset side
- Cash and cash equivalents: 7.17
- Equity share capital: 110.62 (face value Rs. 1 per share)
- Total equity: 1,370.94
Cash flow for the half year (Rs. in lakhs)
- Net cash flow from operating activities: (46.69)
- Net cash flow from investing activities: 4.56
- Net decrease in cash and cash equivalents: (42.12)
- Cash and cash equivalents at close: 7.17
A point to note from the results
- A court case is going on by the company along with a group company against LIC of India for the Ridge Road Property, which is shown at Rs. 112.99 lakhs under inventory, and no provision for diminution in value is made as the matter is sub judice.
What this means for a reader
- The revision is tied to the time of the board meeting mentioned in the earlier disclosure; the results themselves are the same set approved at that meeting.
- At the operating level, the company reported losses in both the quarter and the half year, with total expenditure in the quarter well above total income.
- Inventories form the bulk of the balance sheet, and the Ridge Road Property litigation relates to a Rs. 112.99 lakhs item within inventories.
Also from Kedia Construction Company
Corrigendum: board meeting conclusion time corrected to 4:10 PM from 3:30 PM
4 Nov 2026
Board approves September-quarter results; auditor flags LIC property dispute and amalgamation
3 Nov 2026
Board meeting on November 03, 2026 to approve September quarter and half year results
28 Oct 2026
More numbers
- Net loss after tax, quarter ended 30-Sep-202685.25 lakh
- Net loss after tax, half year ended 30-Sep-2026113.65 lakh
- Total income, quarter ended 30-Sep-20269.72 lakh
- Total expenditure, quarter ended 30-Sep-202694.97 lakh
- Inventories as at 30-Sep-20261,145.12 lakh
- Total assets as at 30-Sep-20261,483.48 lakh
- Ridge Road Property shown under inventory112.99 lakhs
- Net cash flow from operating activities, half year ended 30-Sep-202646.69 lakh
Source: BSE · 4 Nov 2026
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