The Board of Directors of Knowledge Marine & Engineering Works Limited (KMEW) met on May 29, 2026, and approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported consolidated revenue from operations of Rs. 6,761.73 lakhs for the quarter ended March 31, 2026, compared to Rs. 9,001.47 lakhs in the previous quarter and Rs. 4,747.50 lakhs in the corresponding quarter of the previous year. The consolidated net profit for the quarter stood at Rs. 2,352.95 lakhs, against Rs. 3,289.41 lakhs in the preceding quarter and Rs. 1,050.85 lakhs in the same quarter last year.

Knowledge Marine & Engineering Works Limited is a company engaged in the business of ship building, repairing, chartering, and acting as marine contractors. During the 2026 financial year, the company expanded its operations across India, Myanmar, and Bahrain. In recent strategic updates, the Board approved the appointment of M/s. MSKA & Associates LLP as the new Statutory Auditor for a period of five years, commencing from the conclusion of the 11th AGM. Furthermore, the company has applied to the NCLT for the merger of its wholly-owned subsidiaries, Knowledge Infra Private Limited and Indian Ports Dredging Private Limited, with an appointed date of April 1, 2026.

KMEW has demonstrated significant financial growth, with consolidated revenue rising from Rs. 20,069.97 lakhs in FY 2024-25 to Rs. 25,628.01 lakhs in FY 2025-26. The net profit for the year ended March 31, 2026, increased to Rs. 7,910.50 lakhs from Rs. 4,959.89 lakhs in the previous year. The company’s growth has been supported by various fundraising initiatives, including a preferential issue announced in September 2025 to raise Rs. 284.81 crores, which was fully subscribed. The company’s stock has attracted interest, with notable activity following the share split in late 2025.