[Stock idea]: Kiri Industries – A ₹20,000-25,000 crore guidance number, quietly dropped mid-call
Kiri Industries just received USD 689 million after an 11-year legal battle over its DyStar investment finally concluded. Consolidated PAT for the quarter came in at ₹270 crore — a number that looks spectacular until you see where it’s actually coming from. On the earnings call, a shareholder directly asked management why, after a decade of waiting, there’s still no dividend. The answer, and what the numbers underneath the headline actually show, are both worth reading before treating this quarter…




