Q2 FY26: Revenue up 34% YoY, DyStar sale deadline extended to Dec 1
KIRIINDUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 2.3 pts more than its Dyes And Pigments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Board approved Q2/H1 FY26 unaudited results. Standalone revenue at Rs 194.62 cr, up 34% YoY, but loss after tax of Rs 21.12 cr. Consolidated revenue Rs 213.44 cr, up 23% YoY, with negative EBITDA of Rs 13.05 cr on DyStar legal costs. Auditor noted emphasis of matter on DyStar-Senda dispute. SPA with Zhejiang Longsheng pending as long-stop date extended to Dec 1, 2025 after missed deadlines. Kiri entitled to about USD 700 million from DyStar en bloc sale. Company also allotted 43.93 lakh shares on warrant conversion.
Revenue growth is strong but losses persist and DyStar sale delay adds uncertainty. Watch for Dec 1 deadline outcome and share dilution from warrant conversion.