Keerthi Industries Limited has disclosed the Outcome of the Board Meeting for the consideration and approval of the un-audited financial results for the Quarter and Nine months ended 31st ....
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Keerthi Industries' board approved unaudited financial results for Q3 FY26 (quarter ended Dec 31, 2025) and the nine-month period. Cement segment revenue fell sharply to Rs. 1,588.88 lakhs from Rs. 2,484.44 lakhs in Q3 FY25, a drop of about 36% year-on-year, while nine-month cement revenue declined roughly 12.7% to Rs. 6,894.76 lakhs. The company continues to report losses, though narrowed — Q3 FY26 loss before tax from continuing operations came in at Rs. (687.79) lakhs versus Rs. (1,048.02) lakhs a year ago. The board also approved transferring Rs. 7.95 lakhs of unpaid/unclaimed dividends for FY18 (along with corresponding shares) to the IEPF and amended the Related Party Transactions policy in line with SEBI's fifth amendment. The Electronics Division is being divested via slump sale to a related party, Hyderabad Bottling Co. Pvt. Ltd., and a Sugar Division land parcel is being monetised with Rs. 580.56 lakhs advance received.
Sharply falling cement revenue alongside continued losses signals ongoing operational stress for shareholders, though the reduced loss and progress on the Electronics Division divestiture and land sale could provide some near-term relief. Investors should watch for further clarity on cement demand recovery, margin improvement, and completion of the slump sale.