KIOCL Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. For the quarter ended December 2025 (Q3 FY26), the company reported a standalone net profit of ₹18.13 Crores, representing a significant turnaround from a net loss of ₹47.79 Crores in the corresponding quarter of the previous year (YoY). However, revenue from operations for the current quarter stood at ₹159.65 Crores, a decrease of 11.58% compared to ₹180.55 Crores in the same period last year. When compared to the previous quarter (Q2 FY26) revenue of ₹144.35 Crores, the current revenue reflects a growth of 10.60%. Profitability showed a massive surge of 238.45% on a quarter-on-quarter basis from a profit of ₹5.35 Crores in Q2 FY26 to ₹18.13 Crores.

KIOCL Limited, a Miniratna Central Public Sector Enterprise under the Ministry of Steel, is a pioneer in the country’s iron ore mining and pelletization industry. Established in 1976, it operates a 3.5 million tonne per annum (MTPA) iron-oxide pellet plant and a blast furnace unit in Mangaluru. In early 2025, the Indian Steel Ministry proposed a strategic merger between KIOCL and the iron ore major NMDC to enhance operational synergies and export capabilities. Furthering its domestic reach, KIOCL planned to commence annual supplies of at least 2 million metric tonnes of pellets to Rashtriya Ispat Nigam Limited (RINL) starting August 2025. The company also recently transitioned out of the 100% Export Oriented Unit (EOU) scheme to focus on the domestic market. As of December 2025, the President of India remains the most prominent investor, holding a 99.03% stake in the company.