KROWNIQ530689Quarterly results

Board approves September quarter results, appoints Company Secretary and Compliance Officer

Board meeting on 04 November 2026 approved unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026, with limited review reports.

By ScoutQuest · Wed 4 Nov 2026, 8:15 PM IST · 3 min read

Standalone Q2 revenue from operations: 5,699.73 lakhs (vs 6,277.28 lakhs a year earlier)
Standalone Q2 net profit: 126.98 lakhs (vs 235.49 lakhs a year earlier)
Standalone Q2 EPS (basic/diluted): 0.66 (not annualised), against 1.22 a year earlier

Board meeting outcome

Krowniq Limited (formerly Lykis Ltd.) informed the exchanges that its Board, at a meeting held on 04 November 2026 from 05:00 P.M. to 07:45 P.M., approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026, along with the limited review reports, and appointed a Company Secretary and Compliance Officer with immediate effect.

Standalone results (Amount in Lakhs)

Revenue from operations for the quarter: 5,699.73, against 6,277.28 in the quarter ended 30 September 2025 and 9,939.09 in the quarter ended 30 June 2026.
Profit before tax for the quarter: 174.04, against 236.01 a year earlier.
Net profit for the quarter: 126.98, against 235.49 a year earlier and 382.55 in the June 2026 quarter.
Basic/Diluted EPS for the quarter: 0.66 (not annualised), against 1.22 a year earlier.
Half year: revenue from operations 15,638.82, net profit 509.53, EPS 2.63; the half year ended 30 September 2025 had revenue of 10,758.91 and net profit of 137.34.

Consolidated results (Amount in Lakhs)

Revenue from operations for the quarter: 7,879.96, against 8,957.79 a year earlier and 12,668.32 in the June 2026 quarter.
Profit before tax for the quarter: 83.11; net profit 64.32, against 299.90 a year earlier.
Basic/Diluted EPS for the quarter: 0.36 (not annualised), against 1.55 a year earlier.
Half year: revenue from operations 20,548.28, net profit 453.36, EPS 2.37.

Balance sheet and cash (standalone, Amount in Lakhs)

Total assets 10,790.50 as at 30 September 2026, against 13,986.42 as at 31 March 2026.
Current borrowings 5,049.27, against 7,515.84; cash and cash equivalents 1,311.50, against 22.17.
Net cash from operating activities for the half year 3,364.59, against 1,312.17 in the same half of the previous year.
Net cash used in financing activities (2,694.69), mainly a decrease in current borrowings of 2,481.83.

New Company Secretary and Compliance Officer

Mr. Mahesh Sharma (ACS: A82218) has been appointed as the Company Secretary and Compliance Officer and Key Managerial Personnel with immediate effect. He is described as a qualified Company Secretary and a member of the Institute of Company Secretaries of India, holding Membership No. A82218, with professional experience of more than 5 years in corporate secretarial and legal services, including corporate governance, statutory and regulatory compliance, ROC updates and corporate legal matters. The position is a Key Managerial Personnel role under the Companies Act.

Review reports and group structure

The standalone and consolidated results carry independent auditor's limited review reports from JASS & Co LLP, which state that nothing has come to their attention that causes them to believe the statements contain any material misstatement. The consolidated statement covers, among others, Lykis Export LLC (UAE), Goldspan Exports Private Limited (formerly Lykis Marketing Private Limited), Parshva Infra Market Private Limited (w.e.f. 19 June 2026), Tidagela Industries Private Limited (w.e.f. 19 June 2026) and Exnora Trade Private Limited (w.e.f. 22 June 2026). Four subsidiaries were not reviewed by the auditors; their unaudited interim financial information reflects total assets of Rs. 1,425.84 lakhs, total revenues of Rs. 1,393.66 lakhs and Rs. 4,122.89 lakhs, net loss after tax of Rs. (20.55) lakhs and Rs. (3.76) lakhs, and net cash flows of Rs. (249.10) lakhs for the period from 01 April 2026 to 30 September 2026. The auditor's conclusion is not modified in respect of this matter.

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