Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 -Outcome of the (1/2026-27) Meeting of Board of Directors.
KRITI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kriti Industries India Ltd held its Board Meeting on 5th May 2026 to consider FY 2025-26 results. The company reported standalone revenue from operations of Rs 58,736.73 lakhs, down from Rs 72,190.67 lakhs in the previous year. However, it achieved a turnaround to standalone net profit of Rs 106.68 lakhs compared to a loss of Rs 449.56 lakhs in FY 2024-25. Consolidated net profit stood at Rs 112.96 lakhs. The Board approved the amalgamation of its wholly-owned subsidiary Kriti Auto & Engineering Plastics Private Limited with the company. No dividend was recommended for FY 2025-26. The auditors issued an unmodified (clean) opinion on the financial statements. Exceptional items included Rs 377.54 lakhs provision for insurance claim shortfall from a 2022 fire accident and Rs 77.01 lakhs impact from new labour codes.
The company returned to profitability after two consecutive loss-making years, though revenue declined significantly. The amalgamation may simplify the group structure. Absence of dividend is neutral to slightly negative for income-focused investors, while the clean audit opinion supports financial credibility.