Kandal M Venture FY26 net income rises 12.4% to US$ 235,625
Reuters2026/07/30 12:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Kandal M Venture posted IFRS net income of US$235,625 for fiscal year ended March 31, 2026, up 12.4%.
- Revenue edged down 0.3% to US$17.13 million, while gross profit fell 3.4% to US$3.24 million; gross margin narrowed 0.6 percentage points to 18.9%.
- Operating income slipped 14.05% to US$322,220, while interest expense dropped 76.8% to US$134,894 on repayment and full settlement of borrowings.
- Net cash used in operating activities was US$1.88 million, while cash and cash equivalents climbed to US$3.58 million following US$8.01 million of IPO share proceeds.
- Trade receivables, net, rose 49% to US$1.77 million, while inventories increased 54.9% to US$2.55 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kandal M Venture Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-083084), on July 30, 2026, and is solely responsible for the information contained therein.
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