Kiri Industries Ltd
Kiri Industries Unveils Major Copper & Fertilizer Expansion 🏗️📈
- Greenfield copper and fertilizer project underway with key approvals and land acquisition completed.
- First phase (copper) expected operational by April 2027.
- Total CAPEX estimated at ₹12,000–13,000 crores over FY2026–27 and FY2027–28.
- Targeting revenue of ₹20,000–25,000 crores annually from copper operations.
- Projected EBITDA for copper operations in FY2027–28 is ₹1,200–1,500 crores.
- Full operational EBITDA expected to reach ₹4,500–5,000 crores in 3–4 years.
- Standalone Q3 FY26 revenue: ₹162 crores (3% YoY growth).
- Standalone nine-month revenue: ₹537 crores (14% YoY growth).
- Consolidated Q3 FY26 revenue: ₹174 crores.
- Consolidated nine-month revenue: ₹589 crores (10% YoY growth).
- Standalone Q3 FY26 EBITDA: ₹58 crores.
- Consolidated Q3 FY26 EBITDA: ₹53 crores.