KBS India News

KBS India: Ketan Shah Sells 1.46% Stake

Ketan Babulal Shah and PAC sold 1585060 equity shares representing 1.46% of KBS India's paid-up share capital through open market transactions, reducing their holding from 7.69% to 6.23%.

KBS India Q3FY26 Results: Net Loss Widens to ₹14.01 Lakhs

KBS India Limited reported a net loss of ₹14.01 lakhs for Q3FY26 ended December 31, 2025, compared to a loss of ₹1.09 lakhs in Q3FY25, despite revenue declining to ₹54.13 lakhs.

KBS Limited Submits Statement on Audit Qualifications for Quarter Ended September 30, 2025

KBS Limited submitted statements detailing the impact of audit qualifications for the quarter and half-year ended September 30, 2025. The auditors identified two key qualifications: outstanding amounts of Rs. 16.65 crores in long-term loans and Rs. 8.02 lakhs in current account balances receivable from KBS Capital Management Singapore Pte Ltd, a subsidiary that has been closed down, with no provision made for these amounts resulting in overstatement of profit and reserves. Additionally, the company has not provided for gratuity liability as required by IndAS 19, with the impact unquantified due to absence of actuarial valuation. The company's financial results showed turnover of Rs. 115.77 lakhs, net profit after tax of Rs. 6.06 lakhs, and earnings per share of Rs. 0.01. Management stated they are awaiting RBI confirmation regarding the Singapore subsidiary amounts and acknowledged the gratuity liability issue is being addressed.

KBS India Limited Reports Net Profit of Rs 5.12 Lakh in September Quarter

KBS India Limited reported a net profit of Rs 5.12 lakh for the quarter ended September 30, 2025, compared to a net loss of Rs 6.30 lakh in the same period last year. Revenue from operations declined to Rs 84.27 lakh from Rs 80.52 lakh year-over-year. The company's total income was Rs 96.23 lakh, while total expenses stood at Rs 89.39 lakh. Basic earnings per share improved to Rs 0.01 from a loss of Rs 0.01 in the previous year. The auditors highlighted two key concerns: unprovided gratuity liability and outstanding loans of Rs 16.65 crore plus current account balance of Rs 8.02 lakh from KBS Capital Management Singapore, which has been struck off, with no provision made for these amounts.

KBS India Limited Reports Sale of 503,424 Equity Shares by Ketan Babulal Shah and Jeet Ketan Shah

KBS India Limited disclosed that Ketan Babulal Shah and Jeet Ketan Shah sold 503,424 equity shares on the stock exchange floor. The transaction was reported under SEBI (SAST) Regulations, 2011, with the disclosure dated October 17, 2025. The company informed the Bombay Stock Exchange about this share sale transaction.