Kriti Industries Reports Loss Amidst Balrampur Chini Mill’s Profit

Kriti Industries (I) experienced a significant financial reversal in the June 2026 quarter, reporting a net loss after tax of Rs. -22.75 million. This contrasts sharply with the net profit of Rs. 72.01 million recorded in the corresponding quarter of June 2025, highlighting a challenging period for the company.

The company’s performance stands out against a backdrop of mixed results across the broader market. While Balrampur Chini Mill recorded a substantial profit after tax of Rs. 385.86 million, and others like Anand Rayons, Kovalam Inv. & Trading, and Orchasp also posted profits, Kriti Industries (I) navigated considerable operational headwinds.

Kriti Industries (I) Key Financials

The downturn for Kriti Industries (I) was driven by several key factors:

• Net sales declined by -22.74%, falling to Rs. 1731.12 million from Rs. 2240.56 million year-over-year.
• Operating Profit saw a notable decrease, reaching Rs. 56.82 million compared to Rs. 157.87 million in the previous year.
• Profit Before Interest, Depreciation, and Tax (PBIDT) dropped by -64.01%, from Rs. 157.87 million to Rs. 56.82 million.
• Profit Before Depreciation and Tax (PBDT) plummeted by -84.61%, registering Rs. 17.09 million against Rs. 111.02 million previously.
• Profit Before Tax (PBT) showed a dramatic decline of -141.87%, moving from a positive Rs. 72.37 million to a loss of Rs. -30.30 million.
• Interest expenses decreased by -15.20% to Rs. 39.73 million, while depreciation costs rose by 22.61% to Rs. 47.39 million.

The cumulative effect of reduced sales, diminished operating efficiency, and increased depreciation expenses ultimately pushed Kriti Industries (I) into a net loss for the quarter. This reversal indicates significant operational and market pressures impacting the company’s immediate profitability.