Keerthi Industries Limited has reported a net loss of ₹152.88 crore for the half-year ended September 30, 2026. The unaudited financial results also highlight a net loss of ₹726.60 lakh for the quarter ended September 30, 2026. The company’s financial statements are prepared on a going concern basis, despite current liabilities exceeding current assets by ₹55.42 crore and delays in payments to creditors.
Keerthi Industries Posts Significant Net Loss
Keerthi Industries Limited announced its unaudited financial results for the half-year and quarter ended September 30, 2026. The company registered a substantial net loss of ₹1,528.83 lakh (₹152.88 crore) for the half-year period. For the quarter ended September 30, 2026, the net loss stood at ₹726.60 lakh.
Financial Highlights and Going Concern Uncertainty
The results indicate a total comprehensive income of ₹(1,506.81) lakh for the half-year ended September 30, 2026. The company’s financial statements have been prepared on a going concern basis. However, this is subject to a material uncertainty as highlighted by the auditors. Current liabilities exceeding current assets by ₹55.42 crore as of September 30, 2026, and delays in payments to overdue creditors are noted concerns.
Operational and Leadership Changes
The Board of Directors also approved the unaudited financial results for the quarter and half-year ended September 30, 2026. In leadership updates, the company accepted the resignations of Ms. Anupama Iyer as Company Secretary and Compliance Officer, and Mr. P.V. Subba Rao as Chief Financial Officer. Mr. Seshagiri Rao Jasti, Managing Director, will temporarily act as the Compliance Officer. The company also plans to avail unsecured loans totaling ₹22 crore from its Managing Director and Chairperson.
Shifting Corporate Operations
A proposal to shift the corporate and administrative operations to a new workspace at Survey no. 168, Beside Sai Anurag Colony, Ameenpur, Sangareddy, Hyderabad, was also approved. This move is for administrative purposes, with no change to the company’s registered office.
Source: BSE
