Kiri Industries Ltd
Kiri Industries Expands into Copper & Fertilizers with Major Growth Plans 🏭📈
• Received USD 689 million (approx. INR 6,200 crore) from DyStar legal dispute resolution
• Diversifying into copper smelting and refining with production capacity of 500,000 MTPA
• Expanding into fertilizer manufacturing with capacity of 1,050,000 MTPA
• Integrated copper and fertilizer complex planned in Jafrabad, Gujarat
• Expected IRR of ~25% for new projects
• Reported significant profit after tax of INR 50,678 million for 9M-FY26
• Continues core business in dyes, dye intermediates, and basic chemicals
• Construction set to commence in October 2025 with 36-month completion timeline