KIOCL Ltd. reported standalone revenue of approximately Rs.180 crore for Q2 FY27, up 25.9% from Rs.143 crore in the corresponding quarter last year. The company recorded a net profit of around Rs.5 crore, compared with a net loss of Rs.17.2 crore in the year-ago period.
The company also reduced its EBITDA loss to approximately Rs.5.3 crore from a loss of Rs.22.6 crore in the corresponding quarter last year. KIOCL is involved in iron ore mining, beneficiation and pellet production, with its performance influenced by raw-material availability, production levels and demand from the steel industry.
The return to a small quarterly profit marks an improvement over the previous year, although the operating loss indicates that profitability remains a matter to watch. Future performance will depend on production efficiency, capacity utilisation and conditions in the iron ore and steel markets.
