Kriti Industries Announces Standalone and Consolidated Financial Results for Quarter Ended June 30, 2026

Kriti Industries Announces Standalone and Consolidated Financial Results for Quarter Ended June 30, 2026

Kriti Industries Announces Standalone and Consolidated Financial Results for Quarter Ended June 30, 2026​

Kriti Industries (India) Limited released its unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The outcomes of the company's Board of Directors meeting held on August 11, 2026, included the approval of these results and the taking on record of the Limited Review Report by Statutory Auditors.

The financial statements were reviewed by independent auditors M Mehta & Company Chartered Accountants. For the standalone segment, the audit review concluded that nothing came to the auditor's attention that suggested material misstatement in the Interim Financial Statement prepared in accordance with Indian Standards 34 (Ind AS 34). The consolidated results were stated to give a true and fair view in conformity with applicable accounting principles for the quarter.

Key Financial Highlights (Rs in Lakhs)​

The company reported comprehensive financial details spanning four quarters, as presented below:

ParticularsQuarter Ended 30.06.2026Quarter Ended 31.03.2026Quarter Ended 30.06.2025Year Ended 31.03.2026
Standalone
Revenue From Operations17,311.1614,178.3522,405.5658,736.73
Other Income35.40200.9669.16399.98
Total Income17,346.5614,379.3122,474.7259,136.72
Cost of materials consumed7,274.2316,960.1414,881.6947,661.97
Changes in inventories7,087.54(7,243.10)3,218.86(2,643.64)
Employee benefits expense907.62947.31989.613,773.11
Finance costs397.32365.18468.471,546.46
Depreciation and amortization expense473.88429.45386.521,675.89
Other expenses1,509.101,661.491,805.836,433.87
Total Expenses17,649.7013,120.4821,750.9858,447.64
Profit/(loss) before tax(303.14)1,258.83723.74689.07

Consolidated Financial Status​

The consolidated results for the quarter ended June 30, 2026, showed a share in net loss after tax (net) of Rs. 5.70 lacs and total comprehensive income (net) of Rs. Nil from one associate, which was not reviewed but certified by the associate's management.

Employee Stock Option Plan Approval​

In separate corporate action, the Board of Directors approved the grant of 1,00,000 ESOPs (Employee Stock Options) to eligible employees under the "Kriti Industries Employee Stock Option Plan 2024." The options were granted at an exercise price of ~ 67.62/- per option, determined based on the closing price of equity shares on the National Stock Exchange of India Limited on August 10, 2026.

Under the ESOP Plan 2024, the stock options are structured to vest not earlier than a minimum period of one year and not later than a maximum period of five years from the date of Grant. Employees have five years within which they may exercise the option after vesting.

KRITI Stock Price Movement​

Shares of Kriti Industries (India) Limited shed 2.1% in post-market trading, finishing down ₹1.42 from previous close today. The stock saw an intraday swing ranging between a low of ₹65 and a high of ₹70.
 

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Editorial Note

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