Dear Sir/Madam, Please find enclosed the intimation regarding the re-appointment of Statutory Auditors. You are requested to take the same on your record.
KIRLOSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Kirloskar Industries Ltd reported standalone net profit of Rs 77.01 Crore for FY2026 (down from Rs 78.32 Crore), with consolidated net profit at Rs 353.77 Crore (up from Rs 308.22 Crore). Consolidated revenue from operations grew to Rs 6,938.74 Crore from Rs 6,608.06 Crore. The Board approved re-appointment of Kirtane & Pandit LLP as Statutory Auditors for a second term of 5 years (AGM 2026 to AGM 2031), subject to shareholder approval. A final dividend of Rs 13 per equity share (130% on Rs 10 face value) was recommended for FY2026, payable after AGM approval. The auditors issued an unmodified (clean) opinion on both standalone and consolidated financial results. Share capital increased to Rs 10.51 Crore due to employee stock appreciation rights allotment.
Positive signals include consistent profitability, revenue growth, and clean audit opinion. The re-appointment of the same auditor suggests stability in governance. The recommended dividend provides shareholder returns. No negative governance signals detected.