Kiri Industries Share Price

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manishkumar P Kiri & Others

• BSE India
• 2 days 4 hours ago

Intimation of Allotment of Warrants to the Promoters and Promoters Group by way of Preferential Issue

• BSE India
• 2 days 5 hours ago

<h3><span style="font-size:16px;"><strong>Dyes & Pigments company Kiri Industries announced Q2FY27 results</strong></span></h3> <p><strong>Consolidated Financial Highlights</strong></p> <ul> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Revenue from Operations:</strong> Stood at Rs 29,854.58 lakh in Q2FY27, declining by 4.42% QoQ from Rs 31,235.63 lakh in Q1FY27, but rising by 39.88% YoY compared to Rs 21,343.68 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Other Income:</strong> Reported at Rs (1,556.98) lakh in Q2FY27 (impacted by an unrealized non-cash fair value loss of Rs 5,730.00 lakh / Rs 57.30 crore on FVTPL treasury investments), compared to Rs 28,593.20 lakh in Q1FY27 and Rs 63.70 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Total Income:</strong> Reached Rs 28,297.60 lakh in Q2FY27, down 52.70% QoQ from Rs 59,828.83 lakh in Q1FY27, but up 32.19% YoY from Rs 21,407.38 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Profit / (Loss) Before Tax (PBT):</strong> Reported a loss before tax of Rs 3,348.32 lakh in Q2FY27, compared to a profit before tax of Rs 28,852.50 lakh in Q1FY27, while narrowing the loss compared to a loss of Rs 8,522.15 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Share of Profit of Associates:</strong> Stood at Rs 1,615.45 lakh in Q2FY27, down 21.89% QoQ from Rs 2,068.07 lakh in Q1FY27 and down 83.70% YoY from Rs 9,911.37 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Profit / (Loss) After Tax and Share in Profit of Associates:</strong> Reported a loss of Rs 2,252.76 lakh in Q2FY27, compared to a profit of Rs 29,069.60 lakh in Q1FY27 and a profit of Rs 1,964.69 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Net Profit / (Loss) Attributable to Owners of the Company:</strong> Stood at Rs (2,258.77) lakh in Q2FY27, compared to a profit of Rs 29,024.11 lakh in Q1FY27 and a profit of Rs 1,964.69 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Total Comprehensive Income:</strong> Stood at a loss of Rs 2,063.03 lakh in Q2FY27, compared to a positive total comprehensive income of Rs 29,047.40 lakh in Q1FY27 and a loss of Rs 2,754.30 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Earnings Per Share (EPS):</strong> Basic and Diluted EPS stood at Rs 3.17 in Q2FY27, compared to Rs 44.89 in Q1FY27, and Basic EPS of Rs 4.74 and Diluted EPS of Rs 4.54 in Q2FY26.</li> </ul> <p><strong>Standalone Financial Highlights</strong></p> <ul> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Revenue from Operations:</strong> Stood at Rs 28,817.70 lakh in Q2FY27, declining 2.42% QoQ from Rs 29,531.96 lakh in Q1FY27, but increasing by 48.07% YoY from Rs 19,461.88 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Other Income:</strong> Reported at Rs 950.49 lakh in Q2FY27 (reflecting an unrealised non-cash mark-to-market loss of Rs 5,685.00 lakh / Rs 56.85 crore on treasury investments), compared to Rs 28,412.96 lakh in Q1FY27 and Rs 430.63 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Total Income:</strong> Amounted to Rs 27,867.21 lakh in Q2FY27, lower by 51.91% QoQ compared to Rs 57,944.92 lakh in Q1FY27, but higher by 40.09% YoY from Rs 19,892.51 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Profit / (Loss) Before Tax (PBT):</strong> Reported a loss before tax of Rs 1,777.15 lakh in Q2FY27, compared to a profit before tax of Rs 28,874.62 lakh in Q1FY27, and a loss of Rs 2,217.02 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Profit / (Loss) After Tax (PAT):</strong> Reported a net loss of Rs 2,269.98 lakh in Q2FY27, compared to a net profit of Rs 27,024.47 lakh in Q1FY27 and a net loss of Rs 2,111.70 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Total Comprehensive Income:</strong> Came in at a loss of Rs 2,282.20 lakh in Q2FY27, compared to a positive total comprehensive income of Rs 27,012.87 lakh in Q1FY27 and a loss of Rs 2,126.55 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Earnings Per Share (EPS):</strong> Basic and Diluted EPS stood at Rs 3.50 in Q2FY27, compared to Rs 41.81 in Q1FY27, and Basic EPS of Rs 3.66 and Diluted EPS of Rs 3.50 in Q2FY26.</li> </ul> <p><strong>Business Highlights & Management Commentary</strong></p> <ul> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Market Price Trends & Performance:</strong> <ul> <li _ngcontent-ng-c3650119362="">"The quarter witnessed a meaningful improvement in market prices of key dye intermediates, particularly H-Acid. As a significant portion of sales during the period was executed against orders contracted earlier, the benefit of higher market prices was only partially reflected in the Company's performance. Subject to the sustainability of prevailing market conditions, the Company expects improved realisations and profitability from its dyes and dye intermediates operations in the coming quarters."</li> <li _ngcontent-ng-c3650119362="">"Market prices of key dye intermediates, particularly H-Acid, remained firm during the quarter. As a substantial portion of sales was executed against orders contracted earlier, the benefit of improved market pricing is expected to be reflected progressively in future realisations."</li> </ul> </li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Treasury Portfolio & Volatility:</strong> <ul> <li _ngcontent-ng-c3650119362="">"Global financial markets remained volatile during the quarter, influenced by geopolitical developments, evolving trade dynamics, interest rate movements and fluctuating investor sentiment across asset classes. This resulted in significant mark-to-market fluctuations in the Company's treasury investment portfolio."</li> <li _ngcontent-ng-c3650119362="">"Treasury operations generated realised gains of Rs. 23.80 crore during the quarter, in addition to dividend and interest income of Rs. 15.20 crore, reflecting the strength and liquidity of the investment portfolio."</li> </ul> </li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Share of Associate Profit:</strong> <ul> <li _ngcontent-ng-c3650119362="">"The Company's share of profit from Lonsen Kiri Chemical Industries Limited amounted to Rs. 16.15 crore during the quarter, continuing to contribute to overall earnings."</li> </ul> </li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Project Progress (Integrated Copper & Fertilizer Complex):</strong> <ul> <li _ngcontent-ng-c3650119362="">"Group's subsidiaries, Indo Asia Copper Limited (IACL) and Indoasia Agrotech Fertilizers Limited (IAFL), continued to make steady progress across engineering, procurement and construction activities. Procurement of major plant and equipment has advanced substantially, and equipment deliveries have commenced at site. Civil, foundation and structural works are progressing across key operating units, while development of supporting infrastructure, including the dedicated jetty, desalination facilities and raw material handling systems, is proceeding as planned."</li> <li _ngcontent-ng-c3650119362="">"Against this backdrop, the Group's integrated Copper and Fertilizer complex, scheduled for phased commissioning commencing in H1 FY28, is well positioned to capitalise on the emerging opportunities in both sectors."</li> </ul> </li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Corporate Actions:</strong> <ul> <li _ngcontent-ng-c3650119362="">During the period, the Company allotted 51,45,446 equity shares on a preferential basis to the Promoter and members of the Promoter group upon conversion of warrants, increasing paid-up equity share capital to Rs 6,516.80 lakh (6,51,68,000 equity shares of Rs 10/- each).</li> </ul> </li> </ul> <p><a class="lb" href="/get-document/post/pdf/5932998/" target="_blank">Result PDF</a></p>

• Trendlyne
• 3 days 1 hour ago