Kiri Industries Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Kiri Industries reported standalone revenue of Rs 295 crore for Q1 FY27, up 63% year-on-year, driven by improved average selling realizations across dyes, dyes intermediates, and basic chemicals rather than volume growth. Consolidated revenue stood at Rs 312 crore, up 55% year-on-year, with consolidated EBITDA of Rs 37 crore and profit after tax of Rs 270 crore, the latter boosted significantly by other income from treasury transactions and inter-corporate loan interest. Management also gave updates on the integrated copper and fertilizer project at Pipavav, including construction progress, financial closure status, raw material sourcing arrangements, and phased commissioning timelines for downstream copper facilities.
Kiri Industries reported standalone Q4 FY26 revenue growth of 29% year-on-year to Rs.241 crore, with full-year standalone revenue up 19% to Rs.778 crore, while non-cash year-end measurement adjustments of approximately Rs.114 crore affected reported EBITDA for the quarter. Management said the DyStar matter concluded during the year and the company recognized a share of profit from associates and joint ventures of Rs.188 crore for FY26, including Rs.129 crore from DyStar. The integrated copper and fertilizer project continued engineering, procurement and construction activities during the quarter, with civil construction across the site estimated at 25% to 30% complete.