KPR Mill Shares Fall 6% On Promoter Stake Sale

Shares of KPR Mill slipped nearly 6% today, hitting an intraday low of Rs 1140.10 on the BSE, after opening at Rs 1160. The decline followed reports that promoters K.P. Ramasamy, K.P.D. Sigamani, and P. Nataraj are set to offload up to 3.2% stake in the company via block deals.

The total size of the offering is estimated at Rs 1195.60 crore, with a floor price of Rs 1107 per share, reflecting a 10% discount to the current market price.

KPR Mill reported a 4% year-on-year increase in revenue for Q4FY25, reaching Rs 1,769 crore. However, EBITDA declined slightly by 0.7% to Rs 333.10 crore, and the EBITDA margin contracted by nearly 100 basis points to 18.83%, down from 19.77% in Q4FY24. Net profit for the quarter stood at Rs 204 crore, marking a 4% decline compared to Rs 213 crore in the same period last year.