Kanoria Chemicals & Industries Limited has returned to profitability in FY26, reporting a consolidated net profit of ₹11,320 lakh, a significant reversal from the net loss of ₹10,815 lakh recorded in the previous year. This turnaround was primarily driven by a gain on loss of control of discontinued operations amounting to ₹9,766 lakh, following the cessation of APAG Holding AG as a subsidiary on July 31, 2025. Revenue from operations for the year rose to ₹98,143 lakh, up from ₹75,431 lakh in FY25. The statutory auditors, Singhi & Co., issued an audit report with an unmodified opinion on the financial statements.

Consolidated Financial Performance

For the financial year ended March 31, 2026, total income stood at ₹1,00,388 lakh. The profit for the quarter ended March 31, 2026, was ₹3,162 lakh, compared to a loss of ₹4,011 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter increased to ₹30,439 lakh from ₹21,388 lakh in the prior year. The company's earnings per share (EPS) for continuing operations for the year was ₹9.15, compared to a loss of ₹6.85 in the previous year.

Standalone Results

On a standalone basis, the company reported a net profit of ₹3,441 lakh for FY26, recovering from a net loss of ₹3,798 lakh in the previous year. Revenue from operations for the year stood at ₹87,534 lakh, an increase from ₹67,830 lakh in FY25. For the quarter ended March 31, 2026, the standalone net profit was ₹2,865 lakh, compared to a loss of ₹1,947 lakh in the same quarter last year. Total income for the year was ₹90,223 lakh.

Key Financial Metrics

The following table summarizes the consolidated financial performance for the year ended March 31, 2026:

Board Decisions and Appointments

The board of directors recommended that no dividend be paid for the financial year 2025-26. Additionally, the board approved the re-appointment of Smt. Suhana Murshed as an Independent Director for a second term of five years effective from June 29, 2026, subject to shareholder approval. The company also re-appointed M/s. Pawan Gupta & Co. as the Internal Auditor and M/s. N. D. Birla & Co. as the Cost Auditor for the financial year 2026-27.

The board had previously approved the allotment of 4,95,000 7% Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares (NCRPS) at a face value of ₹1,000 each for a total consideration of ₹4,950 lakh to R. V. Investment and Dealers Limited, a promoter group entity.

Kanoria Chemicals & Industries has notified the stock exchanges of an upcoming board meeting scheduled for Monday, May 25, 2026. The notice, dated May 18, 2026, was issued pursuant to Regulation 29 read with Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The meeting of the Board of Directors has been convened to consider and approve key financial and corporate matters. The following items are on the agenda for the scheduled meeting:

Regulatory Compliance

The notice was submitted to both the National Stock Exchange of India Limited and BSE Limited in accordance with applicable listing regulations. The communication was signed by Pratibha Jaiswal, Company Secretary of Kanoria Chemicals & Industries, and was digitally authenticated on May 18, 2026. The company's registered office is located at KCI Plaza, 6th Floor, 23C, Ashutosh Chowdhury Avenue, Kolkata-700 019.

The board meeting will cover the audited financial results for the full fiscal year as well as the fourth quarter ended March 31, 2026, encompassing both standalone and consolidated accounts. The consideration of a dividend, if any, will also form part of the deliberations at the meeting.