Kriti Industries (India)'s Q1 FY 2026-27 Quarterly Results

Result Summary

• Kriti Industries (India) Ltd reported a 20.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 22.8%.
• Its expenses for the quarter were up by 34.4% QoQ and down 18.9% YoY.
• The net profit decreased 155.1% QoQ and decreased 130.4% YoY.
• The earnings per share (EPS) of Kriti Industries (India) Ltd declined at 0.42 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Kriti Industries (India) Ltd operates in the diversified industrial sector, primarily focusing on the manufacturing and distribution of plastic products. The company is known for its varied range of products, which includes plastic pipes, fittings, and other related accessories. These products cater to multiple sectors such as agriculture, infrastructure, and construction, highlighting the company’s integral role in these industries. While the financial data provided does not specify any recent developments, it is essential for stakeholders to monitor any updates from the company, such as new product launches or strategic partnerships, which could impact its operational landscape.

Revenue

For the first quarter of the fiscal year 2027 (Q1FY27), Kriti Industries reported a total income of ₹173.47 crores. This marks a quarter-over-quarter (QoQ) increase of 20.6% compared to the preceding quarter (Q4FY26), where the total income was ₹143.80 crores. However, when viewed on a year-over-year (YoY) basis, there is a decline of 22.8% from Q1FY26, where the total income was significantly higher at ₹224.76 crores. This fluctuation in revenue highlights the variable nature of the company's income over the different reporting periods.

Profitability

In Q1FY27, Kriti Industries recorded a loss before tax of ₹2.87 crores, a sharp decline from a profit of ₹8.78 crores in Q4FY26 and ₹7.40 crores in Q1FY26. This reflects a QoQ decrease of 132.7% and a YoY decline of 138.8%. Consequently, the profit after tax also showed a negative figure of ₹2.21 crores, compared to a profit of ₹4.01 crores in Q4FY26 and ₹7.26 crores in Q1FY26, resulting in a QoQ drop of 155.1% and a YoY reduction of 130.4%. This downward trend is further exemplified by the earnings per share, which decreased from ₹0.76 in Q4FY26 and ₹1.23 in Q1FY26 to -₹0.42 in Q1FY27, indicating a similar pattern of decline in profitability metrics.

Operating Metrics

The total expenses for Kriti Industries in Q1FY27 were ₹176.34 crores, which is an increase of 34.4% over the previous quarter (Q4FY26), where expenses were ₹131.24 crores. When compared to the same quarter in the previous year (Q1FY26), the expenses decreased by 18.9% from ₹217.36 crores. This increase in expenses on a QoQ basis, alongside a decrease in income, has contributed to the negative profitability figures for the quarter. The tax expense also saw a significant change, moving from ₹4.73 crores in Q4FY26 to a tax credit of ₹0.71 crores in Q1FY27, marking a QoQ change of -115.0%. The YoY change is marked at -987.5%, given the tax expense of ₹0.08 crores in Q1FY26. These figures indicate the dynamic nature of the company's operating environment over the reported periods.