Kiri Industries' Q1 FY 2025-26 Quarterly Results

Result Summary

• Kiri Industries Ltd reported a 13.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 11.1%.
• Its expenses for the quarter were up by 2.1% QoQ and 9.0% YoY.
• The net profit decreased 205.6% QoQ and decreased 87.0% YoY.
• The earnings per share (EPS) of Kiri Industries Ltd stood at 1.8 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Kiri Industries Ltd operates in the chemical industry, primarily focusing on the production and distribution of dyes, intermediates, and basic chemicals. The company is known for its comprehensive range of colorants, which are used in various applications such as textiles, leather, and paints. While specific recent major developments are not detailed in the provided data, it is noted that the company has been a significant player in the chemical sector, contributing to both domestic and international markets. As of the most recent fiscal quarter, the company continues to navigate the complexities of the global chemical market while aiming to maintain its competitive position.

Revenue

In the first quarter of Fiscal Year 2026 (Q1FY26), Kiri Industries Ltd reported a total income of ₹236.89 crores. This reflects a decline from the previous quarter (Q4FY25), where the total income was ₹274.89 crores, marking a quarter-over-quarter (QoQ) decrease of 13.8%. Compared to the first quarter of the previous year (Q1FY25), which recorded a total income of ₹266.50 crores, there is a year-over-year (YoY) decrease of 11.1%. The decline in revenue both on a QoQ and YoY basis highlights a period of reduced income generation for the company during the current quarter.

Profitability

For Q1FY26, Kiri Industries Ltd reported a Profit Before Tax (PBT) of ₹-52.57 crores, a significant decrease compared to a PBT of ₹-8.71 crores in Q4FY25. This represents a substantial QoQ change of 503.6%. When compared to Q1FY25, where the PBT was ₹0.85 crores, the YoY change is notably large at -6284.7%. The Profit After Tax (PAT) for Q1FY26 was ₹10.14 crores, improving from a negative PAT of ₹-9.60 crores in Q4FY25, while compared to Q1FY25's PAT of ₹78.19 crores, there is a considerable YoY decline of 87.0%. Earnings Per Share (EPS) for Q1FY26 stood at ₹1.80, contrasting with ₹-2.00 in Q4FY25, and showing a decrease from ₹15.10 in Q1FY25. These figures indicate fluctuating profitability metrics across different periods.

Operating Metrics

The total expenses for Kiri Industries Ltd in Q1FY26 amounted to ₹289.46 crores, which is an increase from ₹283.60 crores in Q4FY25, reflecting a QoQ rise of 2.1%. Compared to Q1FY25's total expenses of ₹265.64 crores, there is a YoY increase of 9.0%. Despite the rise in expenses, the tax component in Q1FY26 was a negative ₹-1.17 crores, a reversal from the positive tax of ₹7.72 crores in Q4FY25 and ₹3.20 crores in Q1FY25. This unusual tax figure contributes to the overall financial landscape of the company for this quarter.