Kiri Industries · NSE: KIRIINDUS · BSE: 532967

Q1 FY24 results · Apr–Jun 2023

Kiri Industries reported revenue from operations of ₹227.33 crore (down 17.8% from Q1 FY23) and net loss of ₹2.54 crore for Q1 FY24 (Apr–Jun 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	227.33	276.66	−17.8%	222.45	+2.2%
Other income	1.42	0.14	+936.8%	2.77	−48.7%
Total income	228.75	276.80	−17.4%	225.22	+1.6%
Profit before share of associates & JVs and tax	(12.95)	(21.90)	Loss narrowed	(16.01)	Loss narrowed
Share of profit/(loss) of associates & JVs	12.73	79.94		(43.14)
Net profit for the period	(2.54)	53.50	Turned loss	(61.49)	Loss narrowed
EPS, basic (₹)	(0.49)	10.32	Turned loss	(11.77)	Loss narrowed
Net margin (%)	-1.1	19.3		-27.6

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	141.45	171.42	−17.5%	156.76	−9.8%
Other income	25.15	15.12	+66.3%	1.17	21x
Total income	166.60	186.54	−10.7%	157.93	+5.5%
Profit before tax	(2.32)	(28.91)	Loss narrowed	(26.76)	Loss narrowed
Net profit for the period	(1.28)	(27.85)	Loss narrowed	(26.59)	Loss narrowed
EPS, basic (₹)	(0.25)	(5.37)	Loss narrowed	(5.03)	Loss narrowed
Net margin (%)	-0.9	-16.2		-17.0

Consolidated

Filed with BSE: 11 Aug 2023, 15:29 IST
Board meeting: 11 Aug 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 11 Aug 2023, 15:29 IST
Board meeting: 11 Aug 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE