Unaudited Financial Results for the Quarter ended 30.06.2026.

Date: August 12, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai - 400 051 Scrip Code: 532967 Scrip ID: KIRIINDUS Dear Sir/Madam, Sub: Outcome of the Board Meeting in compliance of Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 With reference to above mentioned subject, we would like to inform that Board of Directors of the Company at their meeting held on Wednesday, August 12, 2026 have approved the Unaudited Standalone and Consolidated Financial Results along with the Limited Review Reports issued by M/s. Pramodkumar Dad & Associates, (Firm Registration Number – 115869W) Statutory Auditors of the Company for the quarter ended June 30, 2026. The approved Unaudited Standalone and Consolidated Financial Results along with Limited Review Report and Management notes on results for the quarter ended June 30, 2026 are enclosed herewith. The meeting was commenced at 10.30 a.m. and Concluded at 1.15 p.m. The approved Unaudited Standalone and Consolidated Financial Results are also available on the website of the Company viz. www.kiriindustries.com. We request to take the note of the same. Thanking you, For Kiri Industries Limited Suresh Gondalia Company Secretary M. No.: F7306 Encl: As stated Powering the Next Phase of Growth "Continuous effort - not strength or intelligence, is the key to unlocking our potential." - Winston Churchill The operating environment for the dyes and dye intermediates industry improved during Q1 FY27. Pricing across Reactive Dyes, Vinyl Sulphone, H-Acid and certain basic chemicals strengthened through the quarter, supported by tighter global supply, higher feedstock costs and the continuing impact of environmental compliance measures on manufacturing facilities in China. Demand trends, however, remained mixed across product categories, while input cost pressures persisted. During the quarter, Kiri Industries Limited ("Kiri" or the "Company") benefited from prudent treasury management and deployment of surplus funds into short-term investments, which contributed meaningfully to profits of the company. The Company also maintained steady progress across its greenfield projects and remains focused on timely execution of its planned capital expenditure programme. The dyes and dye intermediates business delivered stable revenues and margins during the quarter, reflecting improving market conditions and disciplined operational execution. In Q1 FY27, the Company recorded consolidated revenue from operations of Rs. 312.36 crore, higher by 55% over Q1 FY26 and 25% over the preceding quarter. Standalone revenue from operations amounted to Rs. 295.32 crore, up 63% year-on-year and 23% quarter-on-quarter. Consolidated EBITDA for the quarter stood at Rs. 301.82 crore, with Profit after Tax of Rs. 270.02 crore and Total Comprehensive Income of Rs. 290.47 crore. Kiri's share of profit from associates for Q1FY27 amounted to Rs. 20.68 crore, representing a 30% increase over the preceding quarter. The contribution was primarily from Lonsen Kiri Chemical Industries Limited (Lonsen Kiri), in which the Company holds a 40% equity interest and management control. During the quarter, Lonsen Kiri reported: • Total Income: Rs. 386.53 crore • EBITDA: Rs. 71.19 crore 1 | P age • Profit After Tax: Rs. 51.79 crore As the Company moves through the remainder of FY27, management remains focused on sustaining the improvement in realizations and margins across the base business, increasing capacity utilisation where opportunities exist, and leveraging its strengthened balance sheet to support the timely execution of the Group's integrated copper and fertilizer projects. Consolidated Financial Performance Q1FY27 INR in Crore 30 June, 31 March, 30 June, Particulars Q-o-Q Y-o-Y 2026 2026 2025 Revenue from operation 312.36 250.50 202.12 25% 55% Other Income 285.93 38.75 34.77 NA NA Less: Operational Expenses 296.47 392.87 218.33 -25% 36% EBIDTA 301.82 (103.62) 18.56 NA NA EBIDTA % 50.4% -35.8% 7.8% NA NA Depreciation 11.92 11.82 11.59 1% 3% Finance Cost (incl Interest) 1.37 8.15 59.54 NA NA Earnings Before Exceptional Items 288.53 (123.59) (52.57) NA NA & Tax Exceptional Items - 26.86 - NA NA Earnings Before Tax 288.53 (96.74) (52.57) NA NA Taxes 18.51 (595.21) (1.17) NA NA Earnings After Tax 270.02 498.47 (51.41) NA NA Share of Profit of Associates 20.68 15.90 61.54 30% -66% Other Comprehensive Income (0.22) (4.68) 0.48 NA NA Total Comprehensive Income 290.47 509.68 10.61 NA NA Earnings to Total Revenue % 48.55% 176.21% 4.48% NA NA ➢ Consolidated revenue from operations grew 55% year-on-year and 25% quarter-on-quarter. The growth was led principally by improved price realisations across the product portfolio rather than by volume, reflecting the firmer pricing environment prevailing for dyes, dye intermediates and basic chemicals through the quarter. ➢ Other income during the quarter is primarily attributable to the reversal of a non-cash financial transaction recognized in the previous quarter, along with a surplus arising from the quarter-end measurement of financial transactions. ➢ Operating expenses increased on a Y-o-Y basis, primarily due to higher fuel expenses and increased freight and logistics costs. The increase was largely driven by elevated crude oil 2 | P age prices and higher transportation costs amid ongoing geopolitical tensions, which resulted in increased operating and logistics expenses during the quarter. ➢ Finance costs reduced sharply from Q1FY26 following repayment of borrowings at Claronex Holdings Pte Limited, a subsidiary of the Company, leaving the Group substantially free of external debt. Standalone Financial Performance Q1FY27 INR in Crore 30 June, 31 March, 30 June, Particulars Q-o-Q Y-o-Y 2026 2026 2025 Revenue from operation 295.32 240.92 180.76 23% 63% Other Income 284.13 32.61 33.95 NA NA Less: Operational Expenses 278.01 373.76 197.37 -26% 41% EBIDTA 301.44 (100.24) 17.34 NA NA EBIDTA % 52.02% -36.65% 8.08% NA NA Depreciation 11.44 11.22 11.48 2% 0% Finance Cost (incl Interest) 1.26 0.90 0.71 40% 79% Earnings Before Exceptional Items & Tax 288.75 (112.36) 5.15 NA NA Add : Exceptional Income - 26.86 - NA NA Earnings Before Tax 288.75 (85.50) 5.15 NA NA Taxes 18.50 (598.63) (2.04) NA NA Earnings After Tax 270.25 513.12 7.19 NA NA Other Comprehensive Income (0.12) (0.03) (0.14) Total Comprehensive Income 270.13 513.09 7.05 NA NA Earnings to Total Revenue % 46.62% 187.59% 3.28% NA NA ➢ The Company reported standalone revenue from operations of Rs.295.32 crore in Q1FY27, registering growth of 23% sequentially and 63% year-on-year. The growth was primarily realisation-led, supported by improved average sales realization across all three business divisions—Dyes, Dyes Intermediates and Basic Chemicals. ➢ The Company achieved a higher material margin by 8.4% Y-o-Y during the quarter, primarily driven by improved average sales realization for H-Acid and Vinyl Sulphone. In addition, the increase in raw material prices was effectively passed on to customers, thereby supporting and sustaining the improvement in material margins during the quarter. ➢ Standalone EBITDA for the quarter stood at Rs.301.44 crore. Excluding other income, core operating EBITDA was positive, as against negative contributions in both Q4FY26 and Q1FY26. After absorbing expenses relating to treasury activity, profit before tax was Rs.288.75 crore and 3 | P age profit after tax Rs.270.25 crore. Finance costs remained nominal and relate largely to routine bank and letter of credit charges. ➢ Operating expenses were higher compared with the corresponding quarter of the previous year, mainly on account of increased fuel, freight and logistics costs, reflecting elevated crude oil prices and higher transportation expenses amid ongoing geopolitical developments. Standalone Material Margin Per [Showing first 8,000 characters — download PDF for full document]