Kiri Industries Limited reported a consolidated net profit of ₹53,793 crore for the financial year ended March 31, 2026, driven by exceptional income of ₹58,812 crore from the resolution of the DyStar Global Holdings dispute. The company’s board approved the audited financial results on May 30, 2026. Revenue from operations for the year stood at ₹7,779 crore in standalone terms and ₹8,396 crore on a consolidated basis. The statutory auditors, M/s. Pramodkumar Dad & Associates, issued an unmodified opinion on the financial results.

Annual Financial Performance

For the year ended March 31, 2026, the company recorded exceptional income of ₹58,812 crore in standalone results. This exceptional item was instrumental in turning the profit before tax to ₹57,969 crore. In the consolidated results, the net profit after tax was ₹53,793 crore, with a share of profit from associates and joint ventures amounting to ₹1,876 crore. The company received proceeds of USD 689 million from the DyStar settlement, materially strengthening its balance sheet.

The following table summarises the key annual financial metrics for Kiri Industries:

Q4 Performance

On a quarterly basis, Kiri Industries reported a consolidated loss before tax of ₹1,236 crore for Q4FY26, compared to a loss of ₹641 crore in the same period of the previous year. However, the company posted a consolidated net profit of ₹4,985 crore for Q4FY26, a notable turnaround compared to a net loss of ₹638 crore recorded in the corresponding quarter of the prior year. Consolidated revenue for Q4FY26 came in at ₹2,505 crore, up from ₹2,050 crore in the year-ago period.

The table below presents the Q4 consolidated financial highlights:

Strategic Diversification

Following the successful resolution of the DyStar matter, the company is entering a new phase focused on long-term growth through diversification into copper and fertilizer manufacturing. The company is establishing an integrated copper smelting and fertilizer complex at Jafrabad, Gujarat, through its wholly owned subsidiaries, Indo Asia Copper Limited and IndoAsia Agrotech Fertilizers Limited. The copper complex entails a total project cost of approximately ₹8,100 crore, while the fertilizer project is estimated at around ₹3,600 crore. The project is projected to deliver an IRR of ~25%.

Kiri Industries Limited has re-appointed M/s. Vishal Khokhar and Associates as its internal auditor for the financial year 2026-27. The Board of Directors approved the appointment on May 30, 2026, following the recommendations of the Audit Committee.

Appointment Details

The re-appointment is effective from May 30, 2026. M/s. Vishal Khokhar and Associates, a firm of Chartered Accountants, will serve as the internal auditor for the company for the duration of the upcoming financial year.

Auditor Profile

Mr. Vishal Khokhar is a practising Chartered Accountant with over four years of experience in statutory audit, branch audits of banks, and tax audits. The firm provides a range of services, including independent audit and assurance, financial advisory, corporate support, and tax consultancy.

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.