Keerthi Industries disclosed the Outcome of the Board Meeting for the consideration and approval of the un-audited financial results for the quarter and half year ended 30th September, 2025.
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Keerthi Industries reported unaudited Q2 FY26 (quarter ended 30 Sept 2025) results, with revenue from continuing cement operations of Rs. 22.48 crore, marginally up from Rs. 22.13 crore in Q2 FY25. The company posted a net loss of Rs. 5.43 crore for the quarter, wider than Rs. 4.52 crore in Q2 FY25. For H1 FY26, revenue dipped to Rs. 53.06 crore from Rs. 54.11 crore, but the net loss narrowed sharply to Rs. 7.82 crore from Rs. 10.00 crore a year ago, helped by lower power & fuel and packing costs. The Board also approved the slump sale of the loss-making Electronics Division to Hyderabad Bottling Co. Pvt. Ltd. (a related party) and appointed Ms. Anupama Iyer as the new Company Secretary. The statutory auditor issued an unmodified limited review report with an emphasis of matter on assets classified as held for sale.
The company continues to report losses and carries a high debt-equity ratio of roughly 1.7x (debt ~Rs. 55 crore vs. equity ~Rs. 33 crore), which is a key concern for shareholders. The narrowing losses and proposed exit from the loss-making Electronics Division could improve core cement profitability going forward, but the related-party slump sale and weak balance sheet warrant close scrutiny.