Kiri Industries · NSE: KIRIINDUS · BSE: 532967

Q2 FY24 results · Jul–Sep 2023

Kiri Industries reported revenue from operations of ₹230.53 crore (down 4.8% from Q2 FY23) and net profit of ₹18.79 crore (down 69.0% from Q2 FY23) for Q2 FY24 (Jul–Sep 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY24	Q2 FY23	YoY	Q1 FY24	QoQ
Revenue from operations	230.53	242.15	−4.8%	227.33	+1.4%
Other income	1.97	0.17	11x	1.42	+38.6%
Total income	232.50	242.32	−4.1%	228.75	+1.6%
Profit before share of associates & JVs and tax	(25.58)	(20.47)	Loss widened	(12.95)	Loss widened
Share of profit/(loss) of associates & JVs	45.59	86.84		12.73
Net profit for the period	18.79	60.67	−69.0%	(2.54)	Turned profit
EPS, basic (₹)	3.63	11.70	−69.0%	(0.49)	Turned profit
Net margin (%)	8.2	25.1		-1.1

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	Q2 FY24	Q2 FY23	YoY	Q1 FY24	QoQ
Revenue from operations	151.15	140.69	+7.4%	141.45	+6.9%
Other income	0.15	0.15	+1.6%	25.15	−99.4%
Total income	151.30	140.84	+7.4%	166.60	−9.2%
Profit before tax	(35.01)	(44.13)	Loss narrowed	(2.32)	Loss widened
Net profit for the period	(34.14)	(43.91)	Loss narrowed	(1.28)	Loss widened
EPS, basic (₹)	(6.59)	(8.47)	Loss narrowed	(0.25)	Loss widened
Net margin (%)	-22.6	-31.2		-0.9

Consolidated

Filed with BSE: 09 Nov 2023, 17:47 IST
Board meeting: 08 Nov 2023
Period: 01 Jul 2023 to 30 Sep 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 09 Nov 2023, 17:47 IST
Board meeting: 08 Nov 2023
Period: 01 Jul 2023 to 30 Sep 2023
Review status: Unaudited
Source: XBRL filing on BSE