Kandal M Venture (FMFC) Income Statement

Kandal M Venture reported revenue of $17.13M in fiscal 2026 (fiscal year ended Mar 31, 2026), down 0.3% from $17.19M a year earlier. Net income was $235.63K, up 12.4% year over year, a net margin of 1.4%. Gross margin was 18.9% and operating margin 1.9%.

Kandal M Venture Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Kandal M Venture Limited income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Revenue & Gross Profit
Revenue	17.13	17.19	13.97	13.47
Cost of Revenue	13.89	13.80	10.60	10.66
Gross Profit	3.24	3.36	3.37	2.81
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00
Selling, General & Administrative	2.92	3.01	1.85	1.82
Operating Expenses	2.92	2.98	1.89	1.82
Operating Income	0.32	0.37	1.48	0.99
Other Income/Expense
Interest Income	0.23	0.37	0.17	0.01
Interest Expense	0.13	-0.58	0.40	0.19
Other Income/Expense	0.11	-0.15	-0.18	-0.13
Income
Income Before Tax	0.43	0.23	1.30	0.86
Income Tax Expense	0.19	0.02	0.18	0.11
Net Income	0.24	0.21	1.12	0.74
Net Income - Continuous Operations	0.24	0.21	1.12	0.74
Net Income - Discontinued Operations	-	-	-	-
EBITDA	0.83	0.57	1.97	1.35
EBIT	0.57	0.37	1.70	0.99
Depreciation & Amortization	0.27	0.19	0.27	0.31
Earnings Per Share
Basic EPS	-	-	-	-
Diluted EPS	-	-	-	-
Basic Shares Outstanding	17.74	16.00	18.00	18.00
Diluted Shares Outstanding	17.74	16.00	18.00	18.00

Source: Company financial statements from annual and quarterly filings. Data as of Mar 31, 2026. Data sources and methodology

Frequently Asked Questions About Kandal M Venture Financial Statements

What was Kandal M Venture's revenue in fiscal 2026?

Kandal M Venture reported revenue of $17.13M in fiscal 2026 (fiscal year ended Mar 31, 2026). That was down 0.3% from $17.19M a year earlier.

Is Kandal M Venture profitable?

Yes. Kandal M Venture earned net income of $235.63K in fiscal 2026, a net margin of 1.4%. In fiscal 2025 it earned $209.67K.

What is Kandal M Venture's operating margin?

Kandal M Venture's operating income was $322.22K on revenue of $17.13M in fiscal 2026, an operating margin of 1.9%, compared with 2.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition