Kesoram Industries Limited has informed the Exchange regarding Outcome of the Board meeting held on July 14, 2025.
KESORAMIND · price
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Kesoram Industries' board approved Q1 FY26 unaudited results on July 14, 2025. Standalone net loss was Rs 127.32 crore (vs Rs 28.49 crore loss in Q1 FY25), and consolidated net loss was Rs 99.34 crore (vs Rs 61.37 crore loss in Q1 FY25), driven by Rs 134.05 crore (standalone) and Rs 89.81 crore (consolidated) in exceptional items. These exceptional items include a Rs 48.09 crore impairment on its investment in subsidiary Cygnet Industries, a Rs 44.24 crore waiver of accumulated interest on loans to the subsidiary, and a Rs 41.72 crore loss on remeasurement of factory land at its suspended KSPF unit, which the company is planning to sell. The board also appointed Snehaa Shaw as the new Company Secretary and re-appointed Mr. P Radhakrishnan as Whole-Time Director & CEO for one year from August 8, 2025, subject to shareholder approval.
The widening losses are largely driven by one-time impairment and write-down charges rather than core operations, but the Rs 99.34 crore consolidated loss and no operational revenue on a standalone basis highlight continued post-demerger weakness. Shareholders may see limited near-term improvement, though potential sale of the KSPF land could provide some cash inflow.