Kiri Industries Q1 results: Net loss widens to Rs 51.40 crore despite revenue rise of 10% YoY
Revenue from operations stood at Rs 2,021.21 crore in Q1 FY26, marking a 10.2% year-on-year rise from Rs 1,833.78 crore in Q1 FY25, and slightly higher than Rs 2,050.20 crore reported in Q4 FY25. Total income for the quarter came in at Rs 2,368.86 crore, up from Rs 1,975.19 crore in the year-ago period.
Total expenses surged to Rs 2,894.60 crore from Rs 1,996.45 crore in Q1 FY25, driven by higher cost of materials consumed (Rs 1,383.02 crore vs Rs 1,046.06 crore YoY) and elevated finance costs (Rs 595.45 crore vs Rs 54.69 crore YoY).
Loss before tax stood at Rs 525.74 crore against Rs 21.25 crore in the same quarter last year.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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