Latest news with #Kiri
Scoop
19 hours ago
- Entertainment
- Scoop
UC Students Step Into The World Of Stop-Motion Animation
Li Holling and Bayedan Hales, Bachelor of Digital Screen with Honours students at Te Whare Wānanga o Waitaha | University of Canterbury (UC), are gaining hands-on experience with Christchurch animation studio Stretchy, creators of the global stop-motion animation kids' show Kiri and Lou. 'Stop-motion is such a difficult industry to get into,' says Holling. 'The Kiri and Lou internship is an incredible opportunity. I'm only halfway through my second year, and already I'm getting to work in a high-quality studio." By working alongside professional animators and contributing to a major local production, Hales and Holling are applying their studies in a real-world context. Their internships are part of UC's Digital Screen Work-Integrated Learning (WIL) programme which connects students with professional experiences relevant to their degrees. 'The chance to work in a production environment is very different from being in class. You're surrounded by people who are really focused on a shared goal. You pick up so much just by being part of it,' Hales says. Producer Fiona Copland says it's been great having Li and Bayedan in the studio. They've done good work, and our team has enjoyed passing on knowledge to young people who are passionate about craft.' The experience has helped Hales see a creative career as a real option. 'It's been eye-opening to realise this is something I can actually pursue thanks to university support,' Hales says. 'The tools and teaching at UC are already really strong, but being in a working studio takes it to the next level.' As part of the application process, Holling and Hales submitted CVs, completed a knowledge and skills test, and had an interview with the studio team. Holling says sometimes just giving it a go can open doors you never expected. 'Even though I didn't meet all the job criteria when I applied, I threw my hat in the ring. I studied hard to upskill in areas I was less confident in. Even the interview taught me a lot. Whether you get the role or not, you're gaining experience, and that builds confidence for the next opportunity.' Both students are passionate about promoting the value of stop-motion animation in Aotearoa. 'Kids' TV is a huge industry here. Everyone's chasing the next blockbuster, but there are so many amazing, more accessible local projects out there. The team is at the top of their game — it's incredible that we are bringing in that sort of creative talent,' says Hales. Holling describes stop-motion as having a tactile charm that's hard to replicate in other formats. 'There needs to be more recognition of how important projects like Kiri and Lou are,' Holling says. 'It's not just beautiful storytelling for kids, its world-class stop-motion animation coming out of New Zealand. It's physical, it's hands-on, and it should be kept alive.' The internship was made possible through UC's Kōawa Studios, which develops partnerships with screen and creative technology sectors to provide students with regular access and exposure to industry experts and real-world project opportunities as they build portfolios, connect with industry mentors, and find pathways into Aotearoa New Zealand's screen sector. 'Having something like this based in Christchurch is absolutely amazing,' Hales says. 'It's amazing to be a part of it.'
The Hindu
a day ago
- Entertainment
- The Hindu
‘Avatar: Fire and Ash' trailer breakdown: 7 details you may have missed from James Cameron's return to Pandora
James Cameron's Avatar series is best known for its visual beauty and rich world-building, and the first trailer for the third installment of his billion-dollar franchise, Avatar: Fire and Ash, seems to continue that tradition with aplomb. Cameron seems to be building toward something darker, more personal, and more divisive; and this first look shows just how far things have come since we first set foot on Pandora in 2009. With new tribes, dangerous alliances, and stunning new landscapes, the trailer offers a glimpse into what could be the most intense Avatar film yet. But if you blinked, you may have missed some key details hiding in plain sight. Here are seven of them: 1. The Ash People have cut themselves off from Pandora — literally The biggest visual shift comes from the Ash People, a new fire-based Na'vi tribe that has turned away from Eywa, the guiding force of all life on Pandora. We learn that most of their home and community was wiped out by a volcanic eruption, and they now blame Eywa for letting it happen. In protest and grief, they've cut off their neural ponytails. In Avatar, the ponytail isn a way to connect with the flora and fauna of Pandora, but it's a spiritual link to Eywa and the planet itself. Removing it is like burning your passport and your gods in one go. For a culture that's deeply tied to its environment, it's a brutal act that's just a step below self-mutilation. 2. Quaritch aligns with the Ash People One of the trailer's biggest surprises is the return of Colonel Miles Quaritch, now part of the very people Jake Sully is trying to protect Pandora from. We see Quaritch approaching the Ash People's camp unarmed, his hands raised in peace. Later, he's wearing their war paint, signaling a major shift in loyalty. This alliance raises questions. Is Quaritch manipulating the Ash People to help the humans? Or has he truly switched sides? This partnership could be part of a larger plan to spark civil war on Pandora that pits Na'vi against Na'vi while the humans continue their mission in the background. 3. Kiri's connection to Eywa is getting stronger Kiri, the adopted daughter of Jake and Neytiri, is shown quietly observing a woodsprite—a glowing seed from the Tree of Souls. In Avatar: The Way of Water, we saw hints that Kiri's birth was special: she was conceived without a father and seems to carry the essence of Grace Augustine, the scientist from the first film. Her bond with Eywa might end up being key to stopping the coming war. There's also a moment in the trailer where Ronal (Kate Winslet) tells Kiri to act if she can, which suggests Kiri's powers may be crucial in the battles ahead. 4. James Cameron finally realised his 1978 vision of the Medusae If you're wondering about the flying jellyfish-like creatures floating through the clouds, you're not imagining things. These aren't new just for this film, but go all the way back to 1978. Cameron first sketched them over 40 years ago in his notebook, imagining a world of biolumine. But what's especially intriguing is how they're used in Avatar 3. The Tlalim Clan — one of Pandora's more isolated and secretive groups — is seen using the Medusae as airships, either by taming or partnering with them. 5. Varang is played by Charlie Chaplin's granddaughter The leader of the Ash People is Varang, played by actress Oona Chaplin. If that last name rings a bell, it's probably because she's the granddaughter of silent film legend Charlie Chaplin. You might also remember her from Game of Thrones as Talisa, Robb Stark's ill-fated wife. The casting move seems to have come full circle: someone from a family that helped shape the early days of cinema now helping lead one of the most advanced cinematic universes ever made. 6. Payakan is back Payakan, the outcast tulkun who bonded with Lo'ak in The Way of Water, returns in this trailer, and he looks more powerful than ever. We catch glimpses of him breaching the surface and launching into battle. He was one of the emotional highlights of the last film, and his return feels earned. Payakan is practically a part of the big Sully family now, and as war looms, that bond could be more important than ever. 7. A final farewell to producer Jon Landau Fire and Ash will also be the final film produced by Jon Landau, who passed away last year. Landau was part of almost every major move in Cameron's career since the '90s. From Titanic to Alita, from True Lies to Avatar, his instincts shaped some of the biggest and riskiest movies ever made. As a former 20th Century Fox executive, he also oversaw Home Alone, Mrs. Doubtfire, and Honey, I Blew Up the Kid! But it was his partnership with Cameron that defined him. The two shared a rare kind of creative loyalty, and you can feel that in how lovingly Avatar 3 seems to carry his fingerprints. Landau believed in Avatar when few others did. He was talking about how proud he was of this film just two years ago. It's bittersweet that he won't get to see Avatar 4 and 5, but this chapter will stand as part of his lasting legacy. Avatar: Fire and Ash is set to hit theatres on December 19, 2025.
Newsroom
21-06-2025
- Entertainment
- Newsroom
Short story for Matariki Weekend: It followed her home, by Jessica Hinerangi Thompson- Carr
They lived in an overpriced flat two blocks from the beach. Peter, Nathan, Luke and Harley all took commerce, Isla studied environmental management, and Kiri had enrolled in marine science. Kiri met Isla through Te Rōpū Māori association, and as soon as she'd expressed needing a place to live, Isla had invited her in. The boys accepted her quickly, they thought she was fun because she could do keg stands. Kiri didn't like beer, but she wanted friends, so she signed the lease. They held flat parties, large and small, at least three nights a week. As the university workload increased, the parties did not wind down. They strained through their studies, the promise of a box and some beats their carrot dangling on a stick at the end of the day. * Almost every day of first semester was spent at the beach with drinks. Kiri walked to the rock pools while the others lay in the dunes, tipping her beer onto the sand when they weren't looking. She crouched like a shag and studied the eco systems inside. All her lunchtimes at high school had been spent in the corner of the library reading about octopus and crabs. Her only friend had been the seventy year old Librarian Mrs Lauder. Kiri wanted to be liked. So badly. She didn't want to be Koretake Kiri anymore, the sore nickname given by her old peers up North. Koretake Kiri couldn't answer pātai in class, she froze up. Koretake Kiri couldn't do a job without dropping something. Koretake Kiri didn't know social cues, she rambled while others rolled their eyes. She didn't know what clothes to wear or how to apply makeup, or party like they did on TV. But Ōtepoti was her clean slate. No one knew her down here. She was determined to learn, and fake what she could. She'd done the whole rom com transformation thing before arriving. Got a fresh haircut. Plucked her eye brows. Filled her wardrobe with Glassons attire. She knew to play the billboard hot 100 when the aux cord came her way. She watched beauty youtubers with her breakfast. She found ways to bond with her flatmates. Isla loved One Direction, American Horror Story, and spending her afternoons scrolling Tumblr, so Kiri watched all the episodes at night through her headphones and made a Tumblr account dedicated to Zayn. They lay side by side on Isla's bed eating chips and re-blogging for hours. The boys loved video games. Sometimes they let her play Mario Kart or Call of Duty with them. She was good enough to last a few rounds, and mimicked how her cousins talked up home when they played. 'Kerri! Oi! Don't shoot at me!' 'It's Kiri.' 'Sorry Kerri. What the hell what are you doing?!' 'Your mum.' 'Kerri! Where are you going now?' 'Get wrecked scrub. It's Kiri.' They all chuckled and she hid her smile with a shrug. She had to limit her reo use. Isla seemed uncomfortable when Kiri tried to kōrero Māori with her outside of uni. The boys didn't know anything beyond Kia Ora and the national anthem. She tried to teach them a little. 'Kei te pehea koe?' 'Huh?' 'It means how are you? You could say anything back like pai for good, pōuri for sad, ngenge for tired…' 'Oh. I'm good, thanks.' Isla did most of the cleaning, and Kiri tried to help. There was no chore chart. The boys didn't seem to notice the filth. Peter liked to watch Isla vacuum and Harley liked to watch Kiri cook her meals. Kiri always gave him a portion of what she made. He was the most attractive of the boys, though she'd learned the phrase 'don't screw the crew,' she couldn't help flirting with him, seeing every glance he gave her as something meaningful. She began to feel at home in the flat, each room always loud and lively. The location was ideal, the ocean a stone's throw away so she could study marine life anytime. She loved the parties, things she'd never been invited to before. She could blend in at parties, beneath the aluminium hum, revelling in the spell of false friendliness that everyone fell under. * Her 19th birthday rolled around. They spent the day on the beach. The boys chugged beers in between a game of touch and Isla watched on her towel sipping vodka cruisers. Kiri went to the rock pools. Her māmā called. 'Hari Huritau e te tau! I pehea āu akoranga?' 'Pai. Good,' Kiri didn't mention the C she'd received on her recent essay, or how she'd missed three tutorials because she was too hungover, 'I'm learning a lot.' 'Me āu hoanoho?' 'They're really cool,' she didn't confess about the excessive drinking or the lack of a chore chart. 'Kōrero Māori to me my girl. Why don't you kōrero Māori?' 'Everything is pai māmā, kei te pai noa. It's all good down here. I'll be up to visit end of the year.' She hung up and stared into the water at her feet. Her tears fed the pool, and movement caught her eye. Something hid at the bottom under the murk and weed. She felt it watching her. A rounded shadow, adjusting itself deeper into the rock. 'Kiri! Come on!' It was dinner time. Everyone stumbled back to the flat tipsy. The back of Kiri's head buzzed. Her teeth tingled. She noticed something slink around in her peripheral. * Kiri twisted her body in her mirror. As she tucked the back of her cami into her jeans she noticed it. Beside her bed on the floor, pressed against the wall, a shiny wet blob. She screamed. Isla came running, 'What is it?' 'Look!' Kiri pointed. 'I don't know … what is that?' Isla peered down. It was the size of a bowling ball, pale pink, and slightly translucent. Like silicone but squishier, like jelly but sturdier. Kiri's insides flipped. It had followed her home, she knew it. She reached out. 'Don't touch it!' Kiri sniffed the smallest spot of wet at the tip of her finger, 'I think it's from the beach.' 'Oh god that's disgusting.' Isla stormed through the flat. 'Harley! Did you put something in Kiri's room? Peter! Do you know anything about this? Boys! Is it a sick joke? You guys are so rank.' The boys came to look, shaking their heads, scrunching their noses. 'I have no idea what that thing is.' 'Alien as!' Peter marvelled, offering Kiri a beer. 'What do I do? How do I get it out?' 'Shovel it out?' 'We don't have a shovel.' They used an oven tray to scoop the mucilaginous mass off the floor. It was heavy. Kiri and Peter had to hold each side of the tray. They walked sideways down the street to the beach. It schlooped onto the sand, rippling at the drop, then stilled. 'Do you think it's dead?' Kiri whispered. 'Maybe,' Peter peered down, 'I don't know if it was ever alive.' The pink glowed in the setting sun. It looked too bright to be dead. * Although it was her birthday party, no one noticed when she disappeared from it. So many strangers filled the house. Kiri collapsed onto her bed and waited for sleep to come. Her whole body was coiled in taut uncertainty. She rolled side to side. She stared at the ceiling, then she stared at the floor where the blob had been. The jelly stain hadn't dried. Kiri reached out from her bed and wiped her finger across it. She sniffed. It was an odd smell. A little sickening, a little moreish. She rubbed her nose and finger raw into the dawn, rubbing and sniffing, rubbing and sniffing. She couldn't stop. * It began in her puku. Groanings like wrecked ships swaying in ocean trenches, whale song echoing down to her pelvis. She had to leave her lectures early, mortified. She skipped flat movie nights and kept to her room, researching IBS and colon cancer. Student health said it was trapped gas and prescribed some medication. It didn't help. Kiri spent her time curled up facing the wall where the blob had been. It had left a permanent stain on the skirting board which still smelled. Some nights she woke kneeling on the carpet, face pressed against it, inhaling desperately. Sometimes she caught herself licking it. She gained the fresher five and more, despite diet attempts. Her belly, hips, behind, and breasts, all bubbled out from her bones. She attended step and spin classes at the gym, stopped eating fast food and sweets, and shrunk her portions. But her flesh kept expanding. * 'Don't you think that's a bit revealing?' Harley scanned her outfit one night. Kiri wore a sheer long sleeve over a v-neck singlet and jeans. 'Are you serious?' 'I dunno … I can see a lot.' Before she could think what to reply, he left her. Kiri swore at her reflection; scolded herself for not telling him where to put his eyes, for not defending herself. She consulted Isla who was hacking burnt crust off a pan in the kitchen, a rare cooking attempt by Peter. 'Don't ever let a man tell you what your outfit is or isn't. You look great.' 'Is it too revealing though? Harley said-' 'You've just gained a little weight and guys can't compute that our bodies aren't flat forever. Ignore him.' Their thirsty Thursday proceeded. They went to the clubs and returned by 3am, congregating in the lounge to guzzle water and review the night. Kiri settled on an arm chair and just listened. She was content for the moment, until she felt Harley's eyes on her. 'Jesus put your breasts away, Kerri.' He said it loudly so everyone else stopped talking and looked at him, then looked at her. 'They're actually massive.' 'Don't look at them if they bother you so much.' 'It's hard not to when you've got them out like that.' Kiri stood and walked as calmly as she could to her room. She checked herself in the mirror. Her skin was coral red and her eyes shone with shock. But she was covered up. The boys had never commented on their bodies before. At least not in front of them. She tucked herself into bed and pawed at the blob wall, struggling to sleep. She recalled her notes from the last few lectures she'd attended. Shelter seeking behaviour in intertidal crabs … the collapse of orange roughy fisheries… H. rotundifrons and P. elongatus species scuttled up and down her walls. Sleek tuna, narrow sharks, and burnished barracudas swam circles on her ceiling. * Her appetite evolved. She couldn't starve herself anymore. She was sick of eating nothing. So she started eating everything; kinas, mussels, shrimp, tarakihi, red gurnard, tuna, snapper, squid, prawns, oysters … Nights when she'd run out of kai she ran to the beach and dug frantically in the dark for pipi till her fingers turned blue. Sometimes she wanted the kai so desperately, she didn't slow to cook it. She slipped fillets of raw fish down her throat with ease. The bones were no obstacle. During exam season, Kiri's skin turned pink all over, like sunburn, but the days were dark and cold. Small bumps burgeoned along her arms and legs. She returned to student health and they said it was eczema caused by stress. She lathered foundation over the limbs she could not cover in clothing, and beat herself silly every morning with the beauty blender. Every day she was bumpier, pinker, thirstier, hungrier. She couldn't escape the unbearable sensation of dryness. In the shower she scrubbed herself raw, rotating between a loofah, exfoliant gloves and a pumice stone. Whispers outside the door. She caught 'being so weird …' and 'flat meeting'. It was happening, she sighed, they were seeing Koretake Kiri. * Exams passed, and celebrations commenced with more gusto than ever. Everyone went to Castle Street. Kiri followed her flatmates trying not to feel like the unwanted one who clung too close. They mostly ignored her, except Harley who'd snorted something that made him extremely friendly. Kiri disregarded him. Of all of them, he was the last one she wanted to talk to. He hadn't said sorry, just pretended everything was fine. She felt his eyes on her throughout the night. She tried to elbow them off, jumping from group to group, mooching smokes and laughing at anything. Hungrier. Thirstier. She walked into random flats and raided the cupboards in the kitchens, stuffing handfuls of cereal and wads of bread into her mouth. No one noticed. In the bathrooms she held her tongue under the running faucet until someone banged on the door. She felt she was drowning in filthy bass and broken glass. She wandered around the corner onto Howe street where bodies thinned out. There she found a couch crouched in the middle of the road like a dare. 'You wouldn't,' Harley's voice behind her jeered. She turned to see him holding out a lighter. She felt an absurd impulse to impress him. She wanted to show him she was more than round and bumpy. Hungry and thirsty. Anxious and useless. She snatched the lighter and flicked a tiny flame alive. It caught the fabric and ran like a dog off its leash up the upholstery. They jumped back, but Kiri caught a whip of heat on her arm. Harley laughed and clapped as she ran away. The back of her head buzzed. Her arm stung, her gums ached and her vision shimmied. She ordered a ride back to the flat and made her way to the beach. Kiri stumbled down the dunes into the black water and hunched over, retching. Something fell out of her mouth. Rushing red on her tongue. She searched the sand at her feet and clutched what could have been wheel shells or cats eyes. But they were teeth. Kiri sank down and let the cold clamp its jaws into her body. The buzzing drained out of her under the press of the tide. Her arm cooled and she let the current shuck her back and forth. She released her teeth, and fell asleep in the steady shore for a few hours. She would have stayed all night if her puku hadn't woken her. * Still hungry. Trekking slowly back home, her feet dragged on the concrete, breath heavy. It was hard to work her lungs out of the water now. Her face slipped downward. She stumbled into the flat and leaned against the wall in the hallway, listening. She slunk into her bedroom and bent down to greet the blob wall. 'Hey,' someone whispered from her bed, 'I texted you.' Harley sat up and patted the space beside him. Kiri lurched forward, her legs heavy sponge, grabbed the edge of the bed and gurgled. 'Was that your stomach?' Harley started laughing, but stopped when his eyes adjusted. She hovered over him. Her eyes had sunk into a softened skull. Her mouth pinched to a lumpy centre. Her hair had melted to mucus. Her thick makeup had been washed away revealing the dermal branchiae that erupted all over her skin. Before Harley could scream, before he could make any move to escape, she had him. It felt sublime to be completely spilled out. She smothered his face with her top ray, and wrapped the rest of her around his middle. Her new suction disc slowly pried his stomach open at the belly button, it was as easy as peeling back the wrapper of a chocolate bar. She relished the warmth of his intestines. She averted her own stomach, her new centre, into his, and began to eat. Leisurely, she digested most of his innards. When she was done, she released his husk and her stomach retreated back into her body. It had been a silent feast. She oozed to the floor and latched herself onto the wall. * Isla knocked several times on Kiri's door the next day. She expected a reply eventually, but when night fell and Kiri hadn't emerged, she let herself in. There was no evidence of the previous night. No body on the bed, no blood or acids on the sheets. But there was a star-shaped blob suctioned to the wall. 'Another one?' Isla sighed, kneeling down to inspect the organism. Before she went to fetch the oven tray, she couldn't help herself. She reached out and touched it. Asked what was on her mind when she wrote the story, the author replied, 'This story was inspired by my own and many of my friends first year of university at Otago. The pressure of trying to fit in and force friendships when inside you're a growing turmoil. The drinking culture, the anxiety, pretending to be an adult when you're just a child fresh out of high school. I had a horrible relationship with my body, my sexuality, my identity, in my first few years. I wanted release, to spill out, but I was terrified of what was in me. This story is about the pressure that builds up when you try to repress it, and revenge of the body and nature. 'It is also inspired by starfish. A friend once walked me through how truly terrifying they are, and if they were to grow larger and come for us, we would be doomed.'
Powys County Times
07-06-2025
- Entertainment
- Powys County Times
Kiri Pritchard-McLean to headline Powys comedy night
Llanidloes' up and coming comedy club has announced that Kiri Pritchard-McLean will be hosting a gig later this summer. Llani-Shenanigans Comedy Club has announced that the hugely popular Welsh comedian and podcaster will be performing at their venue at Llanidloes Rugby Club in August. Kiri is known for her smash hit comedy serial killer podcast All Killa No Filla along with fellow comedian Rachel Fairburn as well as her appearances on Radio 4, as well as popular panel shows 'Have I got news for you' and 'Would I lie to you?'. Proud Welsh woman Kiri will be part of a triple header with comediennes Harriet Dyer and newcomer Anna Thomas. The gig will be the finale of their 'Saturday Summer Special' which will see an earlier performance from Esther Manito, Silky and Kevin Daniel. This is just the latest big name to grace the club this year after a sell-out performance from Desiree Birch back in May. In a post online Llani Shenanigans said: 'What a whopper! Saturday 9th August join us for a feast of comedy and great vibes. Get ready to laugh until your sides hurt with an outstanding line up of guest comedians at Llani Shenanigans Comedy Club. It promises to be a belter 'Team Shenanigans is thrilled to bits to be hosting these two fabulous women (Kiri Pritchard-Mclean and Anna Thomas) at Llani Shenanigans Saturday Summer Special. 'SAVE THE DATE Saturday August 9. 'Two shows, two headline acts in each show, plus support act and resident MC Mike Reed to steer us through an afternoon and evening of belly laughs and Llani Shenanigans.'
Yahoo
03-06-2025
- Business
- Yahoo
Kiri Industries Ltd (BOM:532967) Q4 2025 Earnings Call Highlights: A Turnaround in ...
Standalone Q4 FY25 Revenue: INR186.22 crores, up 19% quarter on quarter. Standalone Q4 FY25 EBITDA: INR8.4 crores, compared to an EBITDA loss of INR10.6 crores in Q4 FY24. Standalone Q4 FY25 Profit After Tax: INR1.8 crores, a turnaround from a loss of INR29 crores in Q4 FY24. Standalone FY25 Revenue: INR655 crores, a 4% year-on-year increase. Standalone FY25 EBITDA Loss: INR44 crores, improved from a loss of INR63 crores in FY24. Standalone FY25 Profit After Tax: INR4.4 crores, reversing a loss of INR94 crores in FY24. Consolidated Q4 FY25 Revenue: INR205 crores, a 6.5% year-on-year decline. Consolidated Q4 FY25 EBITDA Loss: INR5 crores, compared to a loss of INR10 crores in Q4 FY24. Consolidated Q4 FY25 Net Loss: INR64 crores, compared to INR29 crores in Q4 FY24. Consolidated FY25 Revenue: INR740 crores, a 4.4% increase. Consolidated FY25 EBITDA Loss: INR54 crores, improved from a loss of INR60 crores in FY24. Consolidated FY25 Net Loss: INR108 crores, compared to INR91 crores in FY24. DyStar Share of Profit: INR373 crores, with no impact on Kiri's stake valuation. DyStar Stake Sale Agreement: 37.57% stake to Longsheng for $676.3 million, with potential additional $20.3 million. Projected Revenue from Copper and Fertilizer Project: Exceeding INR45,000 crores annually. Funding Facility Secured: USD130 million by Claronex Holdings, backed by corporate guarantee and DyStar shares. Warning! GuruFocus has detected 6 Warning Signs with BOM:532967. Release Date: June 02, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Kiri Industries Ltd (BOM:532967) reported a strong sequential performance with a 19% increase in revenue from operations in Q4 FY25, reaching INR186.22 crores. The company achieved a significant turnaround with a profit after tax of INR1.8 crores in Q4 FY25, compared to a loss of INR29 crores in the same quarter of the previous year. For the financial year ending 2025, the standalone revenue grew by approximately 4% year-on-year, and the EBITDA loss reduced from INR63 crores to INR44 crores. A significant breakthrough was made in the DyStar matter, with a share purchase agreement signed to sell a 37.57% stake for a base consideration of $676.3 million. The company's greenfield project in copper and fertilizer is progressing well, with Phase 1 requiring around INR8,000 crores of investment and projected annual revenue exceeding INR45,000 crores. On a consolidated basis, the revenue from operations for Q4 declined by about 6.5% year-on-year, with an EBITDA loss of around INR5 crores. The net loss for the quarter before the share of profit of associate was about INR64 crores, compared to INR29 crores in Q4 FY24. For the financial year ending 2025, the consolidated net loss increased to INR108 crores from INR91 crores in the previous year. The company faces challenges in securing copper concentrate contracts, with only 50% of the requirement tied up so far. Legal expenses remain significant, although they are expected to reduce by half in the coming quarters. Q: Could you clarify the revenue guidance mentioned in the introductory remarks? A: The company has set a target to achieve INR1,500 crores in consolidated revenue for the next year, with an expected EBITDA margin of 8% to 10% as legal costs decline. - Manishkumar Kiri, Executive Chairman and Managing Director Q: What constitutes the other income, and why has there been a decline in the top line over the past three years? A: The change in top line is due to a shift in accounting practices, where Lonsen Kiri is now consolidated as a share of profit from associates rather than line-by-line. Other income includes dividend income from joint ventures. - Manishkumar Kiri, Executive Chairman and Managing Director Q: Can you provide details on the DyStar sale proceeds and the expected timeline for receiving the funds? A: The sale of a 37.57% stake in DyStar to Longsheng is expected to close by October 2, 2025, with a base consideration of $676.3 million plus an additional $20.3 million potentially payable. There is a 30-day extension period if needed. - Manishkumar Kiri, Executive Chairman and Managing Director Q: What are the plans for the copper and fertilizer project, and how will it impact the company's financials? A: The greenfield project under Indo Asia Copper Limited requires an investment of around INR8,000 crores, with projected annual revenue exceeding INR45,000 crores. The project includes value-added copper products and improved technology for better margins. - Manishkumar Kiri, Executive Chairman and Managing Director Q: How will the company manage the volatility in copper prices, and what is the strategy for sourcing copper concentrate? A: The company plans to mitigate price volatility by focusing on value-added products and efficient sourcing. Contracts for copper concentrate are being secured, with 50% already tied up from regions like Chile, Africa, and Peru. - Manishkumar Kiri, Executive Chairman and Managing Director For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
