KIRI INDUSTRIES LIMITED

Kiri Industries Limited held its Q1 FY27 Earnings Conference Call on August 13, 2026, where management provided updates on their integrated copper and fertilizer project, which has moved into the construction phase. Management reported that orders for long-lead packages have been placed and highlighted the project's alignment with their long-term growth strategy. The operating environment for the dyes and chemicals business improved, with a 63% year-on-year revenue growth to INR 295 crore, driven by better pricing and operational efficiency. Standalone EBITDA was reported at INR 17 crore, while consolidated revenue reached INR 312 crore, marking a 55% increase. Management noted that the company remains focused on maintaining a prudent capital structure and executing projects efficiently. The discussion also addressed shareholder concerns regarding dividends, with management emphasizing the need to reinvest profits for growth. The call concluded with management expressing optimism about future performance and project timelines.

Management emphasized strong performance and growth potential in their projects.