Kriti Industries (India)'s Q2 FY 2025-26 Quarterly Results

Result Summary

• Kriti Industries (India) Ltd reported a 61.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 26.7%.
• Its expenses for the quarter were down by 55.1% QoQ and 19.5% YoY.
• The net profit decreased 233.3% QoQ and increased 171.9% YoY.
• The earnings per share (EPS) of Kriti Industries (India) Ltd declined at 1.73 during Q2 FY 2025-26.

Financial Statments for Q2 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

Kriti Industries (India) Ltd is a company that operates within the industrial sector. The company specializes in manufacturing and is involved in producing a range of products, with a primary focus on plastic products and polymer-based solutions. While specific recent developments are not provided, the company is known for its commitment to innovation and quality in its product offerings. Kriti Industries serves various industries by providing materials that are integral to numerous applications, including construction, agriculture, and consumer goods. If further details on recent business activities or strategic initiatives are required, they are not available from the provided data.

Revenue

For the second quarter of the fiscal year 2026 (Q2FY26), Kriti Industries reported a total income of ₹86.80 crores. This marks a decrease from the previous quarter (Q1FY26), where the total income was ₹224.76 crores, reflecting a quarter-over-quarter (QoQ) decline of 61.4%. Compared to the second quarter of the previous fiscal year (Q2FY25), the total income decreased from ₹118.42 crores, resulting in a year-over-year (YoY) decline of 26.7%. The significant reduction in total income on both a quarterly and annual basis indicates changes in revenue generation during this period.

Profitability

In Q2FY26, Kriti Industries recorded a loss before tax of ₹10.87 crores, a substantial shift from a profit before tax of ₹7.40 crores in Q1FY26. This represents a QoQ decline of 246.9%. Compared to Q2FY25, where the loss before tax was ₹2.93 crores, there is a YoY increase of 271.0%. Tax expenses also shifted significantly, from a nominal tax of ₹0.08 crores in Q1FY26 to a negative tax of ₹1.29 crores in Q2FY26, resulting in a QoQ change of -1712.5%. The profit after tax for Q2FY26 was a loss of ₹9.68 crores, compared to a profit of ₹7.26 crores in the preceding quarter, and a loss of ₹3.56 crores in Q2FY25, indicating a YoY change of 171.9%. The earnings per share reflect these profitability changes, shifting from ₹1.23 in Q1FY26 to a negative ₹1.73 in Q2FY26.

Operating Metrics

The total expenses for Kriti Industries in Q2FY26 were ₹97.67 crores, showing a decrease from ₹217.36 crores in Q1FY26, a QoQ reduction of 55.1%. Compared to Q2FY25, where total expenses were ₹121.36 crores, there is a YoY decrease of 19.5%. These changes highlight significant variations in the company's operational cost structure over the observed periods. The financial data reveals a pattern of reduced revenue and increased losses, impacting the company's financial standing and necessitating a review of operational efficiencies and cost management strategies. The company's earnings per share, now negative, further underline the impact of these operational metrics on shareholder value.