Kirloskar Industries Limited has informed the Exchange regarding 'Update on material subsiduary'.
KIRLOSIND · price
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Kirloskar Industries Limited has shared Q1 FY26 (quarter ended 30 June 2025) financial results of its listed material subsidiary, Kirloskar Ferrous Industries Limited (KFIL). On a standalone basis, KFIL posted revenue of ₹1,685.05 Cr, up about 8.5% from ₹1,553.71 Cr in the same quarter last year. Profit after tax rose to ₹95.77 Cr from ₹75.57 Cr, a growth of roughly 27%, with basic EPS of ₹5.82 versus ₹4.60. Consolidated results were similar, with revenue of ₹1,698.09 Cr and PAT of ₹95.12 Cr (up ~36% YoY). Operating margin improved to 12.69% standalone and net profit margin to 5.68%. During the quarter, KFIL raised ₹400 Cr via commercial papers for working capital and initiated voluntary liquidation of its Luxembourg-based subsidiary ISMT Enterprises SA.
Positive read for Kirloskar Industries shareholders — its material subsidiary KFIL delivered strong double-digit profit growth and margin expansion in Q1 FY26, supported by better performance across the Castings, Tubes and Steel segments. The commercial paper raise and foreign subsidiary liquidation are routine balance-sheet actions and should not materially affect near-term earnings.