Q2/H1 FY27 results approved; limited review finds no material misstatement; Company Secretary appointed
Board meeting on 5 Nov 2026 approved the unaudited standalone and consolidated results for the quarter and half year ended 30 Sep 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 11,031.79 | 8,573.47 | +28.7% | 17,311.16 | −36.3% |
| Total income | 11,056.29 | 8,680.45 | +27.4% | 17,347.10 | −36.3% |
| Profit before tax | (982.12) | (1,086.98) | +9.6% | (286.81) | −242% |
| Profit after tax | (738.28) | (967.69) | +23.7% | (221.08) | −234% |
| Total comprehensive income | (739.75) | (969.76) | +23.7% | (222.55) | −232% |
| Basic EPS | (1.40) | (1.84) | +23.9% | (0.42) | −233% |
- Total Income YoY Change
- +27.4%
- Period
- Quarter Ended 30.09.2026 (Unaudited)
Also decided at the meeting
- Appointed Mr. Hitesh Singh Parihar (M.No. A61540) as Company Secretary and Compliance Officer w.e.f. 5th November, 2026.
Auditor's review
Conclusion: Unmodified
- Statement includes Group's share of net loss after tax of Rs. 9.32 lacs for the quarter in respect of one associate, based on financials not reviewed but certified by its management; not material.
Notes to the results
- Exceptional item for year ended 31st March 2026 represents loss of Rs 377.54 lakhs on estimated settlement of fire insurance claim and Rs 77.01 lakhs on account of New Labour Code 2025.
Board meeting outcome
The board of Kriti Industries (India) Limited met on Thursday, 5 November 2026 and approved the following:
- Unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
- The statutory auditors' limited review reports on those results were taken on record.
- Unaudited standalone and consolidated statement of assets and liabilities as at 30 September 2026.
- Unaudited standalone and consolidated statement of cash flow for the half year ended 30 September 2026.
- Appointment of Mr. Hitesh Singh Parihar (M.No. A61540) as Company Secretary and Compliance Officer with effect from 5 November 2026.
Auditor's review conclusion
M Mehta & Company, Chartered Accountants, carried out a review under Standard on Review Engagements (SRE) 2410. Their conclusion is that, based on the review, nothing has come to their attention that causes them to believe the statements were not prepared in all material respects in accordance with the applicable recognition and measurement principles, or that they contain any material misstatement. A review gives moderate assurance and is not an audit, so no audit opinion is expressed. The consolidated review covers a wholly owned subsidiary and an associate, and notes that the associate's results are unreviewed/unaudited. A note in the results states that the statutory auditors have expressed an unmodified audit opinion.
Numbers at a glance
- 'Revenue from operations' (standalone; the consolidated figure is the same): Rs 11,031.79 lakhs for the quarter and Rs 28,342.95 lakhs for the half year.
- 'Net Profit/(Loss) for the period', standalone: Rs (741.71) lakhs for the quarter and Rs (969.31) lakhs for the half year.
- 'Net Profit/(Loss) for the period', consolidated: Rs (728.96) lakhs for the quarter and Rs (944.34) lakhs for the half year.
Figures in brackets are losses as printed in the statement, which is presented in Rs in lakhs.
Notes attached to the results
- The exceptional item for the year ended 31 March 2026 represents a loss of Rs 377.54 lakhs on account of the estimated settlement of a fire insurance claim and Rs 77.01 lakhs on account of the New Labour Code 2025.
- The Group has only one business segment: Plastics.
- The consolidated financial statements include a wholly owned subsidiary, Kriti Auto and Engineering Plastics Pvt. Ltd., and an associate, FP Elite Energy Pvt. Ltd.
- The results were reviewed by the Audit Committee on 4 November 2026 and taken on record by the board on 5 November 2026.
How to read this
The update is a results announcement plus a compliance appointment. The reported line items show a loss for the quarter and the half year in both the standalone and consolidated statements, so the earnings picture is the main thing to track; the auditor's review conclusion carries no qualification or adverse remark.
Also from Kriti Industries India
Board appoints Company Secretary, Compliance Officer and Key Managerial Person
5 Nov 2026
Board appoints Hitesh Singh Parihar as Company Secretary, Compliance Officer and KMP
5 Nov 2026
Board meeting on 5 November 2026 to consider September-quarter results
30 Oct 2026
More numbers
- Revenue from operations, standalone, half year ended 30.09.202628,342.95 lakhs
- Net Profit/(Loss) for the period, standalone, quarter(741.71) lakhs
- Net Profit/(Loss) for the period, standalone, half year(969.31) lakhs
- Net Profit/(Loss) for the period, consolidated, quarter(728.96) lakhs
- Net Profit/(Loss) for the period, consolidated, half year(944.34) lakhs
- Exceptional item FY26 - estimated fire insurance claim settlementRs 377.54 lakhs
- Exceptional item FY26 - New Labour Code 2025Rs 77.01 lakhs
- Total income, latest quarter11,056.29 (Rs.in Lakhs)
- Total income, year-ago quarter8,680.45 (Rs.in Lakhs)
- Total income, previous quarter17,347.10 (Rs.in Lakhs)
- Total comprehensive income, latest quarter(739.75) (Rs.in Lakhs)
- Total comprehensive income, year-ago quarter(969.76) (Rs.in Lakhs)
- Total comprehensive income, previous quarter(222.55) (Rs.in Lakhs)
- Profit after tax, latest quarter(738.28) (Rs.in Lakhs)
- Profit after tax, year-ago quarter(967.69) (Rs.in Lakhs)
- Profit after tax, previous quarter(221.08) (Rs.in Lakhs)
- Revenue from operations, latest quarter11,031.79 (Rs.in Lakhs)
- Revenue from operations, year-ago quarter8,573.47 (Rs.in Lakhs)
- Revenue from operations, previous quarter17,311.16 (Rs.in Lakhs)
- Profit before tax, latest quarter(982.12) (Rs.in Lakhs)
- Profit before tax, year-ago quarter(1,086.98) (Rs.in Lakhs)
- Profit before tax, previous quarter(286.81) (Rs.in Lakhs)
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