Kriti Industries reports Q2 loss, subsidiary amalgamation approved

Kriti Industries (India) Limited reported a standalone net loss of INR 970.71 Lakhs for the quarter ended September 30, 2025, a decrease from a net profit in the previous quarter. Consolidated net loss for the same period was INR 967.69 Lakhs. The company's total income stood at INR 8,663.02 Lakhs standalone and INR 8,680.45 Lakhs consolidated for the quarter. Turnover declined due to lower sales volume, attributed to prolonged rains.

The board of directors, in a meeting on November 8, 2025, approved the unaudited standalone and consolidated financial results and noted the Limited Review Report by statutory auditors M. Mehta & Company. Additionally, the board sanctioned the amalgamation of its wholly-owned subsidiary, Kriti Auto & Engineering Plastics Private Limited, with the company. The statutory auditors expressed an unmodified audit opinion on the financial results.

The company is in the process of filing these financial results in XBRL format, which will be hosted on its website. The results include the unaudited financials of Kriti Auto and Engineering Plastics Pvt. Ltd. and associate company FP Elite Energy Private Limited.