KSB Q4 FY26: Revenue ₹601 Cr, profit falls 24%

Stock action and why the results matter

KSB Ltd’s stock was indicated at ₹793.20, down ₹20.25 (-2.49%) in the provided market snapshot. The company’s quarterly numbers are being tracked closely because the latest reported period showed revenue growth on a year-on-year basis but a clear decline in profitability. Alongside financial performance, KSB has also disclosed a change in statutory auditor, which is a governance development investors typically monitor.

The dataset also notes a board meeting on 4 August 2026 to approve Q1 and half-year unaudited results, and mentions that the trading window was closed ahead of the meeting. This sets the near-term calendar for the next update.

Latest reported quarter: March 31, 2026 (Q4 FY26)

For the quarter ended March 31, 2026 (unaudited), KSB reported revenue from operations of ₹6,013 million and total income of ₹6,156 million on a standalone basis. Converting to a consistent unit, this equals ₹601.3 crore revenue from operations and ₹615.6 crore total income.

Profitability weakened versus the previous quarter and the year-ago quarter. Standalone profit before tax (PBT) was ₹500 million (₹50.0 crore) and profit for the period was ₹373 million (₹37.3 crore). The company reported basic and diluted EPS of ₹2.14 for the quarter.

The disclosure also provided comparative numbers for the preceding quarter ended December 31, 2025 and the corresponding quarter ended March 31, 2025, showing that revenue fell sequentially while profit contracted more sharply.

Standalone vs consolidated: what changed

On a consolidated basis for the same quarter, KSB reported total income of ₹6,157 million (₹615.7 crore) and net profit of ₹398 million (₹39.8 crore). Consolidated PBT was disclosed at ₹533 million (₹53.3 crore).

The consolidated unaudited results include KSB Limited, its subsidiary Pofran Sales and Agency Limited, and its associate KSB MIL Controls Limited. The company also stated that consolidated results incorporated the group’s share of net profit after tax of ₹32 million (₹3.2 crore) from the associate company for the quarter.

Key quarterly financial table (converted to ₹ crore)

All figures below are converted from ₹ million to ₹ crore (1 crore = 10 million), as per the figures provided.

“Quarter ended Jun 25” table: revenue and profit movement

A separate quarterly table titled “Quarter ended Jun 25” (with the note that the comparison is on a QoQ basis) reported total revenue of ₹666.7 crore, compared with ₹601.3 crore, with the table stating 11.98% QoQ change. Net income in the same table was ₹70.4 crore versus ₹39.8 crore, with 36.43% QoQ change shown.

The same table reported operating income of ₹77.4 crore versus ₹36.3 crore, and net income before taxes of ₹92.2 crore versus ₹53.3 crore. Total operating expense was listed at ₹589.3 crore compared with ₹565.0 crore. SG&A expenses were shown at ₹86.4 crore versus ₹96.0 crore.

Consolidated Q2 FY26 and Q1 FY26 highlights (as provided)

The dataset also lists a separate set of consolidated “earnings results” highlights:

• Q2 FY26: consolidated revenue ₹650 crore, up 6% YoY from ₹623.10 crore and down 1.5% QoQ from ₹678.50 crore. PBT was ₹87.80 crore, and PAT was ₹67.50 crore. EPS was ₹3.88.
• Q1 FY26: consolidated revenue ₹678.50 crore, up 3.5% YoY from ₹655.50 crore and up 22.3% QoQ from ₹554.70 crore. PAT was ₹70.40 crore, with EPS references in the dataset including ₹4.04.

These highlights point to modest top-line growth year-on-year, with sequential movements and margins being influenced by costs.

Cost pressures and margin commentary

One of the clearer operating notes in the provided text is about margin movement. It states that the EBITDA margin (excluding other income) for Q2 FY26 contracted to 13.05% from 14.21% YoY, citing rising employee costs and operational expenses. Employee costs were stated to have increased 18.21% YoY to ₹94.10 crore, weighing on profitability.

This cost context is consistent with the broader pattern visible in the March 2026 standalone results where profits declined more steeply than revenue on a sequential basis.

FY26 consolidated snapshot

The dataset includes a consolidated annual summary for FY26:

• Revenue from operations: ₹26,957 million (₹2,695.7 crore)
• Total income: ₹27,549 million (₹2,754.9 crore)
• Profit before tax: ₹3,605 million (₹360.5 crore)
• Profit for the period: ₹2,705 million (₹270.5 crore)

This provides a full-year scale reference, even as quarterly profit volatility remains a focus for near-term tracking.

Auditor transition and board process disclosures

KSB disclosed that Price Waterhouse resigned as statutory auditor on April 30, 2026, and the board appointed B S R & Co. LLP as the new statutory auditor, subject to shareholder approval at the AGM scheduled for May 20, 2026.

The company also stated that the unaudited results for the March 31, 2026 quarter were reviewed and recommended by the Audit Committee before board approval, and were accompanied by limited review reports.

What investors will watch on 4 August 2026

With the board scheduled to meet on 4 August 2026 to approve Q1 and half-year unaudited results, the market’s attention is likely to remain on three measurable items already flagged by the dataset: revenue trajectory, profit conversion, and operating cost intensity. The March 2026 quarter established a baseline where revenue held up year-on-year but profits declined, while the Q2/Q1 consolidated highlights referenced margin compression and higher employee costs.

Any update that clarifies how costs are trending, and whether order traction translates into stable operating performance, will be central to interpretation of the next release.

Conclusion

KSB’s disclosed numbers show standalone revenue from operations of ₹601.3 crore in the March 2026 quarter, with profit down to ₹37.3 crore, alongside a consolidated profit of ₹39.8 crore. The company has also laid out a clear governance update through its auditor transition and a near-term results timeline. The next key checkpoint is the 4 August 2026 board meeting for approving Q1 and half-year unaudited results, after which fresh financial details should be available.