Unaudited Financial Results for the quarter ended 30th June, 2026
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 14 Aug 2026, 01:03 PM IST · BSE ID: acd69b3c-11e5-46bf-bca5-292fdcfa8ea9
View Original BSE Filing (PDF)
💡
In Simple Terms
Keerthi Industries reported a loss and temporarily stopped business operations, with top management cutting their salaries.
🤖 AI Summary
- Keerthi Industries reported Net Loss of Rs. (714.25) Lakhs for the quarter ended 30th June, 2026.
- Revenue from operations was Rs. 1,911.43 Lakhs for the quarter ended 30th June, 2026.
- Managing Director J.S Rao waived Rs. 8 Lakhs per month; Chairperson Triveni Jasti waived Rs. 9 Lakhs per month from salaries.
- The company temporarily suspended operations effective 12th June, 2026, citing adverse market conditions.
- The 43rd Annual General Meeting is scheduled for Thursday, 24th September, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit for the period (Continuing & Discontinued)
Rs. (714.25) Lakhs
Revenue from operations (Continuing)
Rs. 1,911.43 Lakhs
Profit/(loss) before tax from continuing operations
Rs. (687.42) Lakhs
Current Liabilities exceeding Current Assets
Rs. 57.40 crores
Managing Director salary waiver (monthly)
Rs. 8 Lakhs
Chairperson salary waiver (monthly)
Rs. 9 Lakhs
🏢 How This Affects the Company
The temporary suspension of operations from 12th June, 2026, directly halts revenue generation from the Cement Division until market conditions improve. This indicates a complete pause in core business activities.
The company reported a Net Loss of Rs. (714.25) Lakhs and its current liabilities exceed current assets by Rs. 57.40 crores as of June 30, 2026. Management salary relinquishments aim to reduce ongoing operational expenses.
Operations are suspended across the company, specifically the Cement Division, which is now the single reportable segment after the Electronic Division's slump sale. This means no production or sales activities are currently occurring.
The temporary suspension of operations and consistent losses, coupled with current liabilities exceeding current assets by Rs. 57.40 crores, introduces significant going concern risk. Delays in payments to certain overdue creditors also indicate financial distress.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take immediate action, but should review the financial results and note the upcoming Annual General Meeting.
👤
Who Is Affected
All shareholders are affected by the reported Net Loss of Rs. (714.25) Lakhs and the company's financial distress, including the temporary suspension of operations.
🔍
Management Signal
Management's decision to temporarily suspend operations and relinquish portions of their salaries signals efforts to mitigate financial distress and conserve resources.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Annual General Meeting on 24th September, 2026 for further updates.
Company announcement on recommencement of operations.
Q2 FY27 results to assess ongoing financial performance and operational status.
HIGH RISK
Temporary operational suspension and current liabilities exceeding current assets by Rs. 57.40 crores indicate significant going concern risk.
💡 Investor Takeaway
Keerthi Industries reported a Net Loss of Rs. (714.25) Lakhs for Q1 FY27, with revenue from operations at Rs. 1,911.43 Lakhs. The company temporarily suspended operations from June 12, 2026, and faces going concern challenges with current liabilities exceeding current assets by Rs. 57.40 crores.
⚖️ Strengths & Concerns
✅ Positives
- Management voluntarily waived significant portions of their monthly remuneration (Rs. 8 Lakhs and Rs. 9 Lakhs) to address financial distress.
- The company continues to explore monetization of non-core assets and avenues for raising funds to improve working capital.
⚠️ Concerns
- Keerthi Industries reported a Net Loss of Rs. (714.25) Lakhs for the quarter ended 30th June, 2026, marking continued losses.
- Current liabilities exceed current assets by Rs. 57.40 crores as of June 30, 2026, indicating a material uncertainty regarding going concern.
📅 Company Track Record
Keerthi Industries Limited reported a Net Loss of Rs. (1,528.83) Lakhs for FY26. The Electronic Division was sold for Rs. 3600 Lakhs on March 31, 2026, with the company's operations now managed as a single Cement Division segment.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Keerthi Industries' Net Loss for the quarter ended June 30, 2026?
Keerthi Industries Limited reported a Net Loss of Rs. (714.25) Lakhs for the quarter ended 30th June, 2026.
What was Keerthi Industries' Revenue from operations for Q1 FY27?
Revenue from operations for Keerthi Industries Limited was Rs. 1,911.43 Lakhs for the quarter ended 30th June, 2026.
What significant financial challenges did Keerthi Industries face as of June 30, 2026?
As of June 30, 2026, Keerthi Industries' current liabilities exceeded current assets by Rs. 57.40 crores, indicating a material uncertainty about its ability to continue as a going concern.
What changes were made to management remuneration at Keerthi Industries?
Mr. J.S Rao, Managing Director, waived Rs. 8 Lakhs per month, reducing his salary to Rs. 2 Lakhs per month. Mrs. Triveni Jasti, Chairperson, waived Rs. 9 Lakhs per month, reducing her salary to Rs. 1 Lakh per month, both effective April 1, 2026.
Did Keerthi Industries suspend its business operations?
Yes, Keerthi Industries temporarily suspended its operations with effect from 12th June, 2026, due to prevailing adverse market conditions.
Questions based on this BSE filing only. For information purposes.