KIC Metaliks Reports Q2 Profit, Seeks Shareholder Approval for Related Party Transactions

KIC Metaliks Limited , a key player in the Indian metals sector, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance and initiating a significant corporate action.

Financial Performance

The company reported a turnaround in its quarterly performance:

All figures in ₹ lakhs

KIC Metaliks has shown improvement in its quarterly performance, posting a profit of ₹8.08 lakhs for Q2 FY2026. This marks a significant turnaround from the loss of ₹35.49 lakhs reported in the previous quarter. However, the half-year results indicate ongoing challenges, with a cumulative loss of ₹107.38 lakhs for H1 FY2026.

Corporate Actions

In a notable development, the Board of Directors has approved a postal ballot notice seeking shareholder approval for material related party transactions with Bengal Energy Limited. This move underscores the company's commitment to transparency and compliance with regulatory requirements.

Board Meeting Details

The company's Board of Directors convened on November 14, 2025, to discuss and approve these matters. Key points from the meeting include:

1. Approval of unaudited financial results for Q2 and H1 FY2026
2. Review of the Limited Review Report by M/s. Agarwal Maheswari & Co., the company's statutory auditors
3. Approval of the postal ballot notice for related party transactions

The board meeting, which commenced at 4:45 PM, concluded at 6:10 PM.

Investor Implications

While the quarterly profit is a positive sign, investors may want to closely monitor the company's performance in the coming quarters to assess if this improvement is sustainable. The half-yearly loss suggests that challenges persist, and the company may need to implement strategic measures to achieve consistent profitability.

The proposed related party transactions with Bengal Energy Limited warrant attention from shareholders. Investors should carefully review the details of these transactions once the postal ballot notice is made available, as they could have significant implications for the company's operations and financial position.

KIC Metaliks Limited continues to navigate a complex business environment, balancing financial recovery efforts with strategic corporate actions. As the company moves forward, stakeholders will be keenly watching for signs of sustained improvement and the outcome of the upcoming shareholder vote on related party transactions.