Kiri Industries reports 10% revenue growth, converts warrants

Kiri Industries reported consolidated revenue of INR 202.12 crore for Q1FY26, up 10% year-on-year, with standalone revenue rising 8% to INR 180.76 crore. EBITDA improved to INR 18.56 crore.

The company converted 4,393,592 warrants into equity shares at INR 369 each, raising INR 79.52 crore. This increases the promoter group's shareholding from 31.72% to 36.72%.

Legal proceedings concerning DyStar Global Holdings continue, with a share purchase agreement for DyStar shares in place.