Kesoram Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
KESORAMIND · price
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Kesoram Industries posted a consolidated net loss of ₹99.34 crore in Q1 FY26, wider than the ₹61.37 crore loss a year earlier. Consolidated revenue from operations fell to ₹61.05 crore from ₹67.28 crore (about 9% decline). The company booked large exceptional charges of ₹89.81 crore (consolidated) and ₹134.05 crore (standalone), including a ₹48.09 crore impairment on its investment in subsidiary Cygnet Industries, a ₹44.24 crore waiver of interest on loans to that subsidiary, and a ₹41.72 crore loss on remeasurement of its suspended Kesoram Spun Pipes & Foundries (KSPF) factory land. The company has no revenue from continuing standalone operations, as the cement business was demerged last year. The board also appointed Snehaa Shaw as Company Secretary and re-appointed P. Radhakrishnan as Whole-Time Director & CEO for one year. Auditor Walker Chandiok & Co LLP issued an unmodified (clean) limited review opinion.
Sharply higher losses driven by one-time impairments and a weaker topline are negative near-term signals for shareholders, though the auditor flagged no going-concern or disclosure issues. Investors should watch for the planned disposal of the KSPF factory land, which could provide cash and reduce future drag.