According to reports from Business Standard, Shri Krishna Devcon experienced a significant decline in financial performance during the quarter ended June 2026. The company's consolidated net profit dropped 35.21% to ₹0.92 crore compared to ₹1.42 crore in the corresponding quarter of the previous year. This substantial profit decline reflects challenging market conditions or operational issues during the quarter.
As reported by Business Standard, the company's sales revenue declined 20.66% to ₹3.84 crore in Q1 FY2026 compared to ₹4.84 crore in Q1 FY2025. This revenue contraction indicates reduced business activity or market demand during the quarter, contributing to the overall decline in financial performance.
According to the financial data reported by Business Standard, the company's operating profit margin (OPM) stood at 55.47% in Q1 FY2026, compared to 51.03% in the corresponding quarter of the previous year. Additionally, PBDT (Profit Before Depreciation and Tax) decreased 34% to ₹1.29 crore from ₹1.96 crore year-on-year. The company's PBT (Profit Before Tax) also declined 35% to ₹1.24 crore from ₹1.90 crore in Q1 FY2025.
