Results - Announcements
Kiri Industries Ltd share price retreated by 6.62% to Rs 488.7 after the company's net profit plunged by 114.32% to Rs 38.68 crore, while revenue from operations eased by 4.42% to Rs 298.55 crore in Q3FY26 over Q2FY26.
The market capitalization of Dyes And Pigments industry group stocks on BSE stood at Rs 18220.39 crore, gaining 7.55%. It has marginally improved by 2.10% over last one week and climbed by 12.32% in last one month while the market capitalization of Kiri Industries Ltd has slipped by 9.45% and 14.08% in the same period respectively.
Profit before tax (PBT) of Kiri Industries Ltd stood at Rs 33.48 crore in Q3 FY26, tanking 60.71% year-on-year, and plunging by 111.60% quarter-on-quarter. EBITDA came in at Rs 11 crore, tumbling by 174.95% YoY and nosediving by 103.98% sequentially.
Total expenses inched up 2.31% to Rs 315.52 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 198.92 crore, softening by 8.21% YoY, while employee benefits expense was at Rs 14.32 crore, surging 12.67% YoY.
For the TTM ended FY26, revenue from operations grew 13.46% to Rs 839.65 crore, while net profit tumbled by 5061.10% to Rs 5379.32 crore, compared to previous TTM. EBITDA saw a sharp decline of 16739% to Rs 396.98 crore, and PBT collapsed by 5153.98% to Rs 5594.25 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 4554.97 crore in FY26, as against Rs 341.93 crore in FY25.
Kiri Industries Ltd declined 7.84% in last one year, significantly underperforming the benchmark BSE Sensex which has eased by 4.80% during the same period.