KRISHNADEF2025-10-012025-12-31KRISHNADEF2025-04-012025-12-31KRISHNADEF2025-10-012025-12-31in-capmkt:OtherExpenses1MemberKRISHNADEF2025-10-012025-12-31in-capmkt:OtherExpenses2MemberKRISHNADEF2025-04-012025-12-31in-capmkt:OtherExpenses1MemberKRISHNADEF2025-04-012025-12-31in-capmkt:OtherExpenses2Memberiso4217:INRiso4217:INRxbrli:shares000000KRISHNADEFNOTLSITEDINE0J5601015Krishna Defence And Allied Industries LimitedMain BoardEquity2025-04-012026-03-312026-02-142026-02-09INRLakhsQuarterlyThird quarterSingle segmentDefence Product2026-02-1415:00:002026-02-1416:05:00Not applicable2025-10-012025-12-31UnauditedConsolidated63660900057400006423490001563300002110001823240005227300055000012442000103860000507990000134359000013435900033611000-1013000325980000101761000000-6980001010630002140001012770000000149190000106.788.66006.788.661. The above standalone results for nine months ended 31st December, 2025 have been reviewed and recommended by Audit Committee and approved by the Board of Directors at their meeting held on 14th February, 2026. 2.The figures for the corresponding previous periods have been regrouped/ reclassified wherever considered necessary to confirm to the figures represented in the current period. 3.The activities of the Company relate to two segments i.e. (1) Dairy & Kitchen equipment & (2) Defence Product. Operating segments have been identified based on the internal reports regularly reviewed by the Chief Operating Decision Maker (“CODM”) for the purpose of allocating resources and assessing performance, in accordance with Ind AS 108 – Operating Segments. The Defence Products Segment constitutes the Company’s principal business activity. The Dairy Products Segment represents a relatively small portion of the Company’s operations and does not meet the quantitative thresholds prescribed under paragraph 13 of Ind AS 108 for separate reportable segment disclosure. Accordingly, the Company has only one reportable operating segment, being the Defence Products Segment. Segment-wise information in respect of revenue, results, assets and liabilities has therefore not been presented separately, as the information for the sole reportable segment is the same as that disclosed in the financial results. The CODM reviews the operating performance of the Company on a consolidated basis, and the segment information presented above appropriately reflects the manner in which the Company’s business is managed. 4.The company has obtained approval for the Krishna Defence and Allied Industries Limited Stock Option Scheme 1 ("ESOP 1") for 3,00,000 stock options from the Board of Directors through a resolution passed in the Board Meeting held on 5th July 2024. Subsequently, the ESOP 1 scheme was further approved by a special resolution passed in the Annual General Meeting held on 13th August 2024. Additionally, the scheme received in-principle approval from the National Stock Exchange (NSE) as on 17th October 2024. Further, the company granted 63,356 Stock Option to its employees by virtue of grant letter dated 11th, November, 2024. However, employees have accepted the 58,764 stock option at the vesting conditions which are outlined in their grant letter. The option outstading as on 31st December, 2025 is 57,448 options. Necessary impact have been considered. Further, the company has not yet granted the 2,36,644 Stock Option to its employees. The options are exercisable at an exercise price of Rs. 304 per share (Face Value of Rs.10 per share). Total expenses arising from share-based payment transactions recognized in profit or loss as part of employee benefit expense is Rs. 103.57 lakhs for the nine months ended on 31st December, 2025 5.The above Statements of Standalone Unaudited Financial Results ("Financial Results”) for the Quarter ended 31st December 2025, are prepared and published in accordance with Regulation 33 of the SEBI (Listing obligations & Disclosure Requirements) Regulations, 2015, as amended. These financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 14th February, 2026. These financial results are prepared in accordance with the principles laid down in Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the companies Act, 2013, ("the Act") read with the relevant Rules thereunder and other accounting principles generally accepted in India. The Company has adopted Indian Accounting Standards (Ind AS) as notified by the Ministry of Corporate Affairs (MCA) and date of transition is effective from April 1, 2024. Accordingly, the financial results for the quarter ended 31st December, 2025, have been prepared in compliance with Ind AS. The comparative financial results for the quarters ended 30th September,2025 and 31st December, 2024, as well as for the nine months ended 31st December, 2024 and the financial year ended March 31, 2025, have also been restated to comply with Ind AS. Right of Use Assets and Lease Liability Effective 1st April 2024, the Company has adopted Indian Accounting Standards (Ind AS) 116 - “Leases” using the “Modified Retrospective Approach” where at the date of initial application, the Lease Liability is measured at the present value of remaining lease payments discounted at the incremental borrowing rate at the date of initial application and Right-of-use Asset has been recognised at an amount equal to the lease liability. Accordingly, the Company recognised Lease liabilities of Rs. 78.54 and corresponding Right-of-use Assets at an amount equal to the lease liability. Further, This results in decreases of profit by Rs. 5.66 Lakhs as of the 31st March 2025 Provision for Gratuity and Leave encashment Under the previous GAAP, Gratuity is measured & recognised on actuarial valuation basis for all the employees except for some of the employee. Under Ind AS, Gratuity is now measured for all the employees of the company. The Gratuity have been recognized in retained earnings as at the date of transition and subsequently in the profit and loss for the year ended 31st March, 2025. This results in increase in profit by Rs. 2.81 lakhs as at 31st March, 2025 and decrease in the reserves by Rs. 9.66 Lakhs as at 1st April, 2024. Further, actuarial gains on remeasurement of the net defined benefit have been regrouped to Other Comprehensive Income (OCI) resulting in Decreases in profit by Rs. 4.47 lakhs as at 31st March, 2025. Under the previous GAAP, leave encashment is measured based on actual valuation. Under Ind AS, Leave encashment is required to be measured through actuarial valuation as per requirement of Ind AS. The leave encashment have been recognized in retained earnings as at the date of transition and subsequently in the profit and loss for the year ended 31st March, 2025. This results decreases in profit by Rs. 0.62 Lakhs as at 31st March, 2025 and decrease in the reserves by Rs. 1.67 Lakhs as at 1st April, 2024. Deferred tax: Indian GAAP requires deferred tax accounting using the income statement approach, which focuses on differences between taxable profits and accounting profits for the period. Ind-AS 12 requires entities to account for deferred taxes using the balance sheet approach, which focuses on temporary differences between the carrying amount of an asset or liability in the balance sheet and its tax base. The application of Ind-AS 12 approach has resulted in recognition of deferred tax on new temporary differences which was not required under Indian GAAP. Actuarial Gain/ Loss: Under the previous GAAP, actuarial gains and losses were recognised in Statement of Profit and Loss. Under Ind AS, the actuarial gains and losses form part of remeasurement of the net defined benefit of liability / asset which is recognised in other Comprehensive Income. Consequently, the tax effect of the same has also been recognised in Other Comprehensive Income under Ind AS instead of Profit and Loss. Other Comprehensive Income: Under Ind AS, all items of income and expense recognized in a period should be included in Statement of Profit and Loss for the period, unless a standard requires or permits otherwise. Items of income and expense that are not recognized in Statement of Profit and Loss but are shown in the Statement of Profit and Loss as “Other Comprehensive Income”, includes remeasurement of Employee Benefit obligation and fair valuation of Equity Instruments through OCI and Income tax relating to these items. The concept did not exist under the previous GAAP. Retained Earnings: Retained earnings as at 1st April, 2024 has been adjusted consequent to the above Ind AS adjustments. 6.The Government of India has notified the Implementation of Four New labour codes on 21st November 2025, by consolidating and rationalizing 29 existing labour laws. Further, based on management estimates and actuarial valuation obtained, the company has considered the impact of Gratuity liability arising from the implementation of the New Labour Codes and accordingly the financial impact of the same has been recognized as an expense in the financial results for the Quarter and Nine months ended December 31, 2025. The assessment of other potential impacts, if any, on employee benefit expenses pursuant to the new Labour Codes will be undertaken and accounted for upon notification of the relevant rules by the appropriate authorities2025-04-012025-12-31UnauditedConsolidated1799362000148920001814254000701763000200450001949750001540440002704000294500003687710001471752000342502000034250200085330000-101100084319000025818300000026907000285090000-900028508100000001491900001019.519.430019.519.43Job work and Labour charges30686000Other Expenses73174000Job work and Labour charges162211000Other Expenses20656000000-2140009000214000-9000