Khaitan Chemicals & Fertilizers Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
KHAICHEM · price
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Khaitan Chemicals & Fertilizers' board, at its meeting on July 23, 2025, approved two key items. First, the unaudited financial results for the quarter ended June 30, 2025, which received an unqualified (clean) review opinion from the statutory auditors. Second, the company will acquire a 26% equity stake in KRSKA Solar Private Limited, a Delhi-based solar power generation company, by subscribing to 1,333 equity shares (₹13,330) and 3,77,989 Optionally Convertible Redeemable Preference Shares (₹37.79 lakh), totalling roughly ₹37.93 lakh. KRSKA Solar operates a grid-connected solar plant in Madhya Pradesh. The deal is not a related-party transaction and requires no government approvals. Power supply is expected to begin within 2-3 months of equity infusion.
The acquisition is small in monetary value (under ₹40 lakh) but strategically aimed at securing renewable captive power for KCFL's manufacturing operations, with the company committing to consume 85% of generated power — this could help lower long-term energy costs and reduce carbon footprint. The Q1 results indicate a loss for the quarter, which may draw investor attention, though the acquisition itself is unlikely to move the stock meaningfully.