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Kandal M Venture Limited Reports Significant Gross Profit Growth of 45% in Financial Results for the Six Months Ended September 30, 2026

$FMFCPress releaseOct 15, 2026, 8:30 AM ETRead the release

Kandal M Venture reported unaudited H1 FY2027 results with revenue up 20.9% to $9.56 million for the six months ended September 30, 2026. Gross profit jumped 45.3% to $2.15 million as gross margin expanded 3.8 points to 22.5%, and operating income nearly tripled, up 183.2% to $538 thousand. Management credits a KPI incentive program, new technology-enabled machinery and better capacity utilization, and expects further revenue growth and margin expansion in the second half of fiscal 2027.

Key figures

Revenue
9556000
Revenue Yoy
20.9%
Gross profit
2150000
Gross profit yoy
45.3%
Operating income
538000
Gross profit margin
22.5%
Operating income yoy
183.2%
Prior period revenue
7904000
Productivity improvement
over 30% in output per hour
Prior period gross profit
1480000

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