5029372025-10-012025-12-315029372025-12-315029372025-04-012025-12-315029372025-10-012025-12-31in-capmkt:OtherExpenses1Member5029372025-10-012025-12-31in-capmkt:OtherExpenses2Member5029372025-04-012025-12-31in-capmkt:OtherExpenses1Member5029372025-04-012025-12-31in-capmkt:OtherExpenses2Member5029372025-10-012025-12-31in-capmkt:ReportableSegments1Member5029372025-04-012025-12-31in-capmkt:ReportableSegments1Member5029372025-10-012025-12-31in-capmkt:ReportableSegments1Member5029372025-04-012025-12-31in-capmkt:ReportableSegments1Member5029372025-10-012025-12-31in-capmkt:ReportableSegments1Member5029372025-12-31in-capmkt:ReportableSegments1Member5029372025-10-012025-12-31in-capmkt:ReportableSegments1Member5029372025-12-31in-capmkt:ReportableSegments1Member5029372025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15029372025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25029372025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15029372025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares502937KESORAMINDNOTLISTEDINE087A01019KESORAM INDUSTRIES LIMITEDMain BoardEquity2025-04-012026-03-312026-01-162026-01-12INRCroresQuarterlyThird quarterGeographical2026-01-1614:00:002026-01-1616:00:00Not applicable2025-10-012025-12-31UnauditedConsolidated6479000003402000009881000003314000000451000001932000006850000051000000238700000927900000602000000602000000000602000000000602000007000000672000003106600000100.190000.1901. The unaudited financial results for the quarter and nine months ended December 31, 2025 ("the financial results") comprise the standalone results of Kesoram Industries Limited ("the Company") and the consolidated results of the Company including its subsidiary (collectively referred to as 'the Group') and joint venture. These financial results have been prepared in accordance with Indian Accounting Standards ("Ind AS") notified under Section 133 of the Companies Act 2013 ("the Act") read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended). <BR> <BR> 2. During the current quarter, certain members of Promoter/Promoter Group of the Company have entered into a Share Purchase Agreement dated December 04, 2025 (“SPA”) with Frontier Warehousing Limited (“Acquirer”) to sell 13,29,69,279 equity shares representing 42.80% of the share capital, having face value of Rs. 10 each, in terms of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto ("SEBI (SAST) Regulations, 2011”). <BR> <BR> 3. The Company had carried out an impairment analysis in respect of its investment and loan in its wholly owned subsidiary, Cygnet Industries Limited. Accordingly, a provision of Rs. 108.10 crore (Rs. 52.91 crore towards investment and Rs. 55.19 crore towards loan), Rs.48.09 Crores and Rs.190.00 crore were recognised and presented as an exceptional item in the Standalone statement of profit and loss for the quarter ended September 30, 2025, June 30, 2025 and year ended March, 2025 respectively. <BR> <BR> 4. On loans given to subsidiary, the Board had approved the waiver of accumulated interest of Rs. 44.24 crore for the quarter ended June 30, 2025 which was recognised and presented as an exceptional item in the standalone statement of profit and loss. The Board has also waived the interest for the current financial year. <BR> <BR> 5. The expected realization value of a land parcel of the company is estimated to be lower than its carrying value. The provision of Rs. 41.72 crore on such remeasurement has been recognised and presented as an exceptional item for the quarter ended June 30, 2025. <BR> <BR> 6. The Company’s wholly owned subsidiary, Cygnet Industries Limited, had carried out an impairment assessment in respect of its land for the quarter ended June 30, 2025. Accordingly, a provision of Rs. 48.09 crore was recognised and presented as an exceptional item in the consolidated statement of profit and loss. <BR> <BR> 7. Consequent to the demerger of the cement division in the previous year, the Group now has a single reportable segment i.e., Rayon, Transparent Paper and Chemicals in accordance with IndAS. Accordingly, no separate segment information has been presented for the quarter and nine months ended December 31, 2025. <BR> <BR> 8. Share of profit or loss, from the joint venture (Gondkhari Coal Mining Limited) is Rs. Nil for all the periods presented in consolidated financial results. <BR> <BR> 9. The Government of India has consolidated existing labour legislations into four comprehensive labour codes effective November 21, 2025. These codes include Code on wages 2019, Code on Social Security 2020, Industrial Relation Code 2020, and Occupational Safety, Health and Working Condition Code 2020 (collectively referred to as the New Labour Codes). However, the final rules under these codes are yet to be notified. <BR> Pending notification, the Group has evaluated the incremental impact of these changes in accordance with the guidance issued by the Institute of Chartered Accountants of India and has estimated and recognized the additional gratuity and leave liability basis the actuarial valuation. The Group continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. <BR> <BR> 10. The unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 have been reviewed by the Audit Committee and recommended for adoption to the Board of Directors. The Board has considered and approved the same at its meeting held on January 16, 2026.The standalone and consolidated financial results have been subjected to Limited Review by the statutory auditors of the Company as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations").The statutory auditor has expressed an unmodified opinions on these unaudited standalone and consolidated financial results. <BR> <BR> 11. Figures for the previous period have been regrouped/ reclassified wherever necessary to conform to current period's classification.2025-04-012025-12-31UnauditedConsolidated181010000049590000023060000009756000000522000005513000001896000001580000006740000002600700000-294700000-898100000-1192800000-9000000-9000000-11919000000000-1191900000205000000-986900000310660000010-3.84000-3.840Power and fuel91200000Others expenses147500000Power and fuel293200000Others expenses380800000NA0NA00000NA0NA00000NA0000NA0000Remeasurements of post-employment benefit obligations5900000Fair value changes of investments in equity shares/ gain on sale of equity shares11000007000000Remeasurements of post-employment benefit obligations6100000Fair value changes of investments in equity shares/ gain on sale of equity shares198900000205000000007000000205000000