5029372026-04-012026-06-305029372026-04-012026-06-30in-capmkt:OtherExpenses1Member5029372026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15029372026-04-012026-06-30AuditorDomain1iso4217:INRiso4217:INRxbrli:shares502937KESORAMINDNOTLISTEDINE087A01019KESORAM INDUSTRIES LIMITEDMain BoardEquity2026-04-012027-03-312026-07-312026-07-24INRLakhsQuarterlyFirst quarterSingle segmentOthers2026-07-3115:00:002026-07-3116:00:00Declaration of unmodified opinionfalsefalseNo default on Loan and Debt Securities2026-04-012026-06-30UnauditedStandalone0143500014350000001846900001930001153100030193000-287580000-28758000-43900000-43900000-243680000000-24368000-1822000-26190000310663700010-0.08-0.0800-0.08-0.081. The unaudited financial results for the quarter ended June 30, 2026 ("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 /> 2. The Group has incurred losses during the quarter ended June 30, 2026 amounting to Rs 2062.83 lakhs, due to lower capacity utilization and coupled with higher costs. <br /> <br /> During the previous year ended March 31, 2026, 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”). The Acquirer has complied with the Open Offer as per regulatory requirements and is in the process of completing the SPA. In addition to the continuing support by Promoter / Promoter group, the Acquirer has also expressed its commitment to the Company by way of letter of support issued to the Company to provide financial assistance to cover all liabilities falling due in foreseeable future. Accordingly, these financial statements have been prepared on the basis that the Company will continue as a going concern. <br /> 3. The Company had performed an impairment assessment in the previous year in respect of its investment in, and loan to, its wholly owned subsidiary, Cygnet Industries Limited. Based on the assessment, impairment provisions of Rs.4,809.32 lakhs and Rs.15,619.32 lakhs (comprising Rs.10,100.00 lakhs towards investment and Rs.5,519.32 lakhs towards loan) were recognized as exceptional items in the Standalone Statement of Profit and Loss for the quarter ended 30 June 2025 and the year ended 31 March 2026, respectively. <br /> 4. On loans given to subsidiary, the Board had approved the waiver of interest of Rs. 4424.06 lakhs 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 /> 5. The expected realization value of the company's factory land comprised in its Kesoram Spun Pipes and Foundries ("KSPF") unit is estimated to be lower than its carrying value. The provision of Rs. 4172.11 lakhs on such remeasurement has been recognised and presented as an exceptional item for the quarter ended June 30, 2025. <br /> 6. During the quarter ended March 31, 2026, based on valuation of assets, the Company’s wholly owned subsidiary, Cygnet Industries Limited, reversed an impairment provision relating to its land which had been previously recognized and presented as an exceptional item in the consolidated statement of profit and loss for the quarter ended June 30, 2025. Accordingly, an impairment reversal amounting to INR 4,809.32 lakhs has been recognized and disclosed as an exceptional item in the consolidated statement of profit and loss for the quarter ended March 31, 2026. <br /> 7. The Group 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 ended June 30, 2026. <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 /> 9. The unaudited standalone and consolidated financial results for the quarter ended June 30, 2026 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 July 31, 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 /> 10. The unaudited standalone and consolidated financial results for the quarter ended March 31, 2026 is the balancing figures between audited figures in respect of the full financial year and the published unaudited year to date figures upto the end of the third quarter of the respective relevant financial year, which were subject to limited review. <br /> 11. Figures for the previous period have been regrouped/ reclassified wherever necessary to conform to current period's classification.Other expenses11531000Remeasurements of post-employment benefit obligation-1822000-18220000-1822000UnauditedtrueWalker Chandiok & Co. LLPtrue2028-05-31