Kesoram Industries Reports Q1 FY2026 Results; Consolidated Net Loss Reaches 2,018.93 Lakhs

Kesoram Industries Reports Q1 FY2026 Results; Consolidated Net Loss Reaches 2,018.93 Lakhs

Kesoram Industries Reports Q1 FY2026 Results; Consolidated Net Loss Reaches 2,018.93 Lakhs​

Kesoram Industries Limited (KIL) has released its unaudited financial results for the quarter ending June 30, 2026. The company reported a net loss of 2,018.93 lakhs in the consolidated segment, noting that the loss was primarily attributed to lower capacity utilization coupled with higher operational costs.

The Board of Directors approved these standalone and consolidated results during its meeting on July 31, 2026.

Financial Performance Snapshot (Quarter ending June 30, 2026)​

A comparison of the Standalone and Consolidated financial health highlights the following key figures for the current quarter:

MetricStandalone Results (lakhs)Consolidated Results (lakhs)
Total Income14.357,824.00
Net Loss / Profit for the period(287.58)(2,018.93)
Total Comprehensive Loss/Income(2,037.15)(2,037.15)

Detailed financial figures, including those from prior periods and previous years, are presented below:

Standalone Unaudited Financial Results

ParticularsCurrent Three Months ended 30-Jun-26 (Unaudited)Preceeding Three Months ended 31-Mar-26 (Unaudited)Corresponding three months ended in the previous year 30-Jun-25 (Unaudited)Previous Year ended 31-Mar-26 (Audited)
Total Income14.35425.371,131.005,073.19
Total Expenses301.93198.22466.581,552.92
(Loss)/Profit before tax(287.58)22,715(12,741.07) / (20,695.22)
Net Income(287.58)22,745(12,732.43) / (20,686.58)
Total Comprehensive Loss/Income(2,037.15)(1,00447)(12,732.43) [__(19,993.06)

Consolidated Unaudited Financial Results

ParticularsCurrent three months ended 30-Jun-26 (Unaudited)Preceeding three months ended 31-Mar-26 (Unaudited)Corresponding three months ended in the previous year 30-Jun-25 (Unaudited)Previous Year ended 31-Mar-26 (Audited)
Total Income7,824.007,272.96733,64230,333.63
Total Expenses9,886.838,975.758,208.0334,083.40
(Loss)/Profit before tax(2,062.83)3,106.53(9.943.04)(8,821.88)
Net Loss / Profit for the period(2,018.93)3,106.53(9,934.40)(8,813.24)

Key Operational and Financial Notes​

The company reported several material events that impacted its financial standing:

Promoter Share Sale and Support:
Members of the Promoter/Promoter Group entered a Share Purchase Agreement (SPA) on December 04, 2025, with Frontier Warehousing Limited to sell 13,29,69,279 equity shares, representing 42.80% of the share capital at a face value of Rs 10 each. The Acquirer has satisfied regulatory requirements concerning the Open Offer and has committed in writing to provide financial assistance to cover all liabilities that fall due in the foreseeable future.

Impairment and Waivers:
The company previously recognized impairment provisions totaling 24,809.32 lakhs and 715,619.32 lakhs as exceptional items against the Standalone Statement of Profit and Loss for the quarter ended June 30, 2025, and the year ended March 31, 2026, relating to its investment in and loan to Cygnet Industries Limited. Additionally, the Board had approved a waiver of interest amounting to 4,424.06 lakhs for the quarter ended June 30, 2025, related to loans given to the subsidiary, an interest which has also been waived for the current financial year.

Subsidiary Impairment Reversal:
During the quarter ended March 31, 2026, Cygnet Industries Limited reversed a previous impairment provision relating to its land in the company. This reversal of 4,809.32 lakhs was recognized and disclosed as an exceptional item in the consolidated statement of profit and loss for the period ending March 31, 2026.

The Group operates in a single reportable segment—Rayon, Transparent Paper, and Chemicals—as per IndAS, meaning no separate segment information was provided for the quarter ended June 30, 2026.

KESORAMIND Stock Price Movement​

Kesoram Industries Limited shares surged today in post-market trading, settling at ₹12.52 after gaining 4.95%. The stock saw a robust volume of 865,716 shares traded during the session.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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