News ArticleKRBL Limited Releases Q2 and H1 FY 2026-27 Unaudited Financial Results Amid Ongoing ED Probe
Limited Review Highlights No Conclusive Financial Impact from Enforcement Directorate Investigation on Joint Managing Director
KRBL Limited announced its unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026. The results were accompanied by a limited review report from Walker Chandiok & Co LLP, highlighting an ongoing investigation by the Enforcement Directorate into a Joint Managing Director linked to the company. The report confirmed no conclusive evidence impacting the financial results at this stage.
KRBL Limited
Financial Results
KRBL Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ending September 30, 2026, alongside a limited review report emphasizing an ongoing Enforcement Directorate investigation relating to one of its Joint Managing Directors.
The Board of Directors approved the financial results during the meeting held on November 2, 2026, which started at 2:00 P.M. and concluded at 3:45 P.M.
Walker Chandiok & Co LLP conducted the limited review in accordance with Indian accounting and auditing standards, concluding no material misstatement in the unaudited results subject to the ongoing investigation.
The Enforcement Directorate is investigating the Company's Joint Managing Director under the Prevention of Money Laundering Act, 2002, linked to the Agusta Westland case. A criminal complaint has been filed involving KRBL Limited, its subsidiary KRBL DMCC, and the Joint Managing Director.
An independent professional firm's review found no conclusive evidence impacting the Company's financial statements currently. However, final outcomes remain pending based on the ongoing regulatory investigations.
Highlights
- KRBL Limited approved unaudited financial results for Q2 and H1 ending September 30, 2026.
- Limited review by Walker Chandiok & Co LLP found no material misstatement except for matters related to an ongoing investigation.
- Enforcement Directorate is investigating the Joint Managing Director and has filed a criminal complaint involving the Company and its subsidiary.
- Independent review found no conclusive impact on reported results as of now.
- The Board meeting was held on November 2, 2026, from 2:00 to 3:45 P.M.
- The financial results are available on KRBL's website under Investor Relations.
Key Data Snapshot
What happened
- KRBL Limited’s Board approved unaudited standalone and consolidated financial results for Q2 and H1 ending September 30, 2026.
- These financial results were reviewed by Walker Chandiok & Co LLP with no material misstatements reported subject to an ongoing investigation.
Key details
- The Enforcement Directorate is investigating one of KRBL's Joint Managing Directors under the Prevention of Money Laundering Act, linked to the Agusta Westland case.
- A criminal complaint has been filed against KRBL Limited, its subsidiary KRBL DMCC, and the Joint Managing Director.
- An independent professional firm appointed by the Board found no conclusive evidence that impacts the unaudited financial statements.
- The audit report and review reports from previous periods also noted this investigation.
Regulatory and governance context
- The financial statements comply with Indian Accounting Standard 34 (Ind AS 34) and SEBI Listing Regulations.
- Walker Chandiok & Co LLP performed the review per Standard on Review Engagements (SRE) 2410, which offers moderate assurance but is less comprehensive than a full audit.
- Pending investigations may require financial statement adjustments in the future based on regulatory findings.
Highlights
- KRBL Limited approved unaudited financial results for Q2 and H1 ending September 30, 2026.
- Limited review by Walker Chandiok & Co LLP found no material misstatement except for matters related to an ongoing investigation.
- Enforcement Directorate is investigating the Joint Managing Director and has filed a criminal complaint involving the Company and its subsidiary.
- Independent review found no conclusive impact on reported results as of now.
- The Board meeting was held on November 2, 2026, from 2:00 to 3:45 P.M.
- The financial results are available on KRBL's website under Investor Relations.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Indian Accounting Standard 34 (Ind AS 34)
- Companies Act, 2013
- Prevention of Money Laundering Act, 2002 (PMLA)
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