The Board of Directors of N. K. Industries Limited met on May 27, 2026, to approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported a net loss of 41.41 Lakhs for the quarter ended March 31, 2026, compared to a net loss of 69.56 Lakhs in the previous quarter (QoQ) and a net loss of 260.53 Lakhs in the corresponding quarter of the previous year (YoY).

N. K. Industries Limited is primarily engaged in the business of manufacturing and processing oil and related products. Based in Ahmedabad, the company has faced significant operational and legal challenges over several years, including ongoing litigations related to the National Spot Exchange Limited (NSEL) and proceedings initiated by the Directorate of Enforcement.

The company’s financial results continue to reflect a difficult operational environment, with accumulated losses and negative net worth as of March 31, 2026. The auditor’s report contains qualified opinions regarding several sub-judice matters, including NSEL-related transactions and various regulatory proceedings under the Prevention of Money Laundering Act (PMLA) and the MPID Act. The management has indicated it is pursuing business revival plans to recover losses through improved profitability in the foreseeable future.