Press release on unaudited financial results
KIRLFER · price
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Kirloskar Ferrous Industries (KFIL) reported its Q2 FY26 results with standalone revenue from operations at INR 1,728 Cr, up 4% year-on-year from INR 1,667.1 Cr in Q2 FY25. Standalone EBITDA grew 9% YoY to INR 213.6 Cr with margins expanding to 12.4% from 11.7%, and net profit rose 9% to INR 92.3 Cr from INR 84.9 Cr. On a consolidated basis, revenue grew 5% to INR 1,755.3 Cr, EBITDA rose 10% to INR 214.4 Cr, and net profit increased 11% to INR 86.3 Cr. Management cited strong demand for castings from tractor and automotive sectors, volume growth across castings, tubes, and steel, but flagged margin pressure and lower realizations in iron and steel. YTD (H1 FY26) revenue growth stood at 6%, and management highlighted the ONGC tube order and Oliver Engineering ramp-up as key drivers for the second half.
Modest top-line growth with healthy profit and margin expansion despite commodity headwinds signals resilient operations; the secured ONGC order and capacity ramp-up could support earnings visibility into H2 FY26, broadly positive for shareholders.