Kandal M Venture Ltd (FMFC) Form 6-K — Jul 30, 2026
Kandal M Venture Limited announced financial results for the fiscal year ended March 31, 2026, reporting a slight decrease in revenue of 0.3% to $17.1 million compared to the prior year. Despite the flat top-line performance, net income increased by 12.4% to $235,625, primarily driven by a significant reduction in interest expenses which offset lower gross profits. The company's balance sheet strengthened considerably, with cash and cash equivalents jumping to $3.6 million from approximately $102,700 at the end of fiscal 2025.
Key figures
- Eps
- 0.01
- Revenue
- 17128067
- Net Income
- 235625
- Cash Position
- 3583757
- Shares Outstanding
- 17735342
- Gross Profit
- 3243017
- Ipo Proceeds
- 8014981
- Investment In Associate
- 2500000
AI analysis
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