Kriti Industries India , a manufacturer of polymer pipes, has reported a significant increase in net loss for the second quarter, accompanied by a substantial decline in revenue.

Financial Performance

The company's financial results for Q2 reveal:

The net loss widened by 162.16% year-over-year, while revenue decreased by 26.95% compared to the same quarter in the previous fiscal year.

Factors Affecting Performance

The company attributed the decline in turnover to lower sales volume, primarily due to prolonged rains during the quarter. This weather-related factor appears to have significantly impacted Kriti Industries' operations and financial outcomes.

Balance Sheet Highlights

As of September 30, 2025, Kriti Industries reported:

• Total assets of ₹4,289.28 crore
• Total equity of ₹2,165.51 crore
• Non-current liabilities of ₹584.99 crore
• Current liabilities of ₹1,538.77 crore

Recent Corporate Actions

On November 8, 2025, the company's Board of Directors approved a scheme of amalgamation. This involves the merger of its wholly-owned subsidiary, Kriti Auto & Engineering Plastics Private Limited, with Kriti Industries India. The move is subject to necessary regulatory and statutory approvals.

Market Position

Kriti Industries operates in the plastics segment, specifically in the manufacture of polymer pipes. These include Poly Vinyl Chloride (PVC) and Poly Ethylene (PE) pipes used in various applications such as potable water supply, irrigation, building construction, and infrastructure.

The company faces challenges in the current market environment, as evidenced by the significant decrease in revenue and widening losses. The management's decision to consolidate its operations through the merger of its subsidiary may be aimed at improving operational efficiency and financial performance in the coming quarters.

Kriti Industries India , a leading player in the plastics industry, has reported a significant turnaround in its financial performance for the first quarter. The company's results show a remarkable improvement in both profit and revenue compared to the previous quarter.

Financial Highlights

• Net Profit: ₹720.09 lakhs, compared to a net loss of ₹364.70 lakhs in the previous quarter
• Revenue: ₹22,405.56 lakhs, up from ₹13,750.65 lakhs in the prior quarter

Detailed Financial Performance

According to the financial results, Kriti Industries witnessed a notable improvement in its financial metrics:

Key Observations

1. Profit Turnaround: The company has successfully turned its losses into profits, with a standalone net profit of ₹720.09 lakhs compared to a net loss in the previous quarter.

2. Revenue Growth: Kriti Industries experienced a significant increase in revenue, with operations income rising by 63% quarter-over-quarter.

3. Consolidated Performance: On a consolidated basis, the company reported a net profit of ₹725.84 lakhs, compared to a loss of ₹365.60 lakhs in the previous quarter.

4. Improved Earnings Per Share: The company's earnings per share improved to ₹1.40 (basic) from a loss of ₹0.71 per share in the prior quarter.

5. Equity Allotment: During the quarter, the company allotted 15,92,480 equity shares to Kriti Nutrients Limited following warrant conversion, bringing the total paid-up equity share capital to 5,26,96,000 shares of Re 1 each.

Conclusion

The strong turnaround in Kriti Industries' financial performance suggests effective management strategies and possibly improved market conditions. The company's ability to maintain this momentum in subsequent quarters will be crucial for long-term success in the competitive market landscape.