Kiri Industries Ltd Share Price – NSE  / BSE

Chemicals, Small Cap

Net profit of Kiri Industries reported to Rs 514.36 crore in the quarter ended March 2026 as against net loss of Rs 84.64 crore during the previous quarter ended March 2025. Sales rose 22.18% to Rs 250.50 crore in the quarter ended March 2026 as against Rs 205.02 crore during the previous quarter ended March 2025.

For the full year,net profit rose 2002.80% to Rs 5566.94 crore in the year ended March 2026 as against Rs 264.74 crore during the previous year ended March 2025. Sales rose 13.46% to Rs 839.65 crore in the year ended March 2026 as against Rs 740.03 crore during the previous year ended March 2025.

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Kiri Industries will hold a meeting of the Board of Directors of the Company on 30 May 2026.

Kiri Industries will hold a meeting of the Board of Directors of the Company on 10 February 2026.

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Kiri Industries received the full consideration of US$689.03 million following the en bloc sale of its entire 37.57% stake in DyStar Global Holdings (Singapore), marking the successful conclusion of a long-running legal dispute before the Singapore Courts.

The amount received includes purchase consideration, share buyback proceeds, interest, and costs awarded by the Singapore International Commercial Court. Upon receipt of the funds, DyStar has ceased to be an associate company of Kiri Industries.

The DyStar proceedings were initiated by the Company in 2015 to protect its rights as a minority shareholder. Over nearly a decade, the matter progressed through multiple stages of litigations and appeals, ultimately confirming minority oppression to Kiri on multiple counts, resulting in court-directed valuation, award of interest, recovery of costs, and an order for the en bloc sale of DyStar.

During this period, the Company incurred significant legal expenses, reflecting the complexity and multi-jurisdictional nature of the proceedings. A portion of these costs has been awarded for recovery as part of the final court outcome.

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