Kiri Industries Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Kiri Industries has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue grew 4% YoY to INR 740 Cr, with EBITDA swinging to a positive INR 60.95 Cr from a loss last year. Standalone operations improved, posting EBITDA of INR 61.55 Cr and profit after tax of INR 3.84 Cr, driven by cost efficiencies. Profit from associates jumped 40% YoY to INR 309.73 Cr, boosted by DyStar Global Holdings, currently undergoing a $676 million en bloc sale. The company is progressing on copper and fertilizer projects, alongside cutting debt and finance costs to strengthen its balance sheet.