Kesoram Industries Limited is a flagship company of B. K. Birla group. The Co is engaged in the manufacturing of Cement and Rayon, TP & Chemicals. Presenting below are its Q2 FY26 earnings results.
Q2 FY26 Earnings Results
-
Consolidated Revenue: ₹55.17 crore, down 6.78% YoY from ₹58.71 crore in Q2 FY25, reflecting ongoing transition post-cement demerger.
-
Operating Profit: ₹-14.47 crore, down from -₹10.46 crore in Q2 FY25.
-
Profit After Tax (PAT): Consolidated net loss of ₹25.87 crore, significantly improved from ₹69.92 crore loss in Q2 FY25 but still under pressure due to impairment charges.
-
Standalone Net Loss: ₹111.86 crore in Q2 FY26 resulting from investment impairment on subsidiaries post-divestment of cement businesses.
-
Exceptional Items: ₹108.1 crore in Q2 FY26, mostly from impairment provisions related to subsidiary Cygnet Industries Limited.
-
EPS: Basic and diluted loss per share ₹0.83 compared to loss of ₹2.27 YoY.
Operational and Strategic Highlights
-
Post-demergence, Kesoram Industries primarily operates in Rayon, Transparent Paper, and Chemicals segments.
-
The company is undergoing strategic business rationalization, focusing on core businesses and reviewing investments in loss-making units.
-
The impairment charges and restructuring are indicative of ongoing efforts to improve financial health and optimize asset base.
Management Commentary
-
Management is focused on stabilizing financials post-cement demerger and optimizing operations within the remaining business verticals.
-
Future outlook hinges on operational efficiencies in chemical and fiber segments and potential synergies through subsidiary restructuring.
Q1 FY26 Earnings Results
-
Consolidated Revenue: ₹60.5 crore.
-
Consolidated Net Loss: ₹127.32 crore largely due to similar impairment expenses.
-
The results reflect a continuation of transition-related challenges with emphasis on structural adjustments for profitability recovery.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.