Kirloskar Industries Limited has informed the Exchange regarding 'update of material subsidiary'.
KIRLOSIND · price
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Kirloskar Industries informed exchanges that its listed material subsidiary, Kirloskar Ferrous Industries Limited (KFIL), filed its audited Q4 and FY26 results. Standalone FY26 revenue grew 3.3% to Rs 6,784 Crores with profit after tax rising 18.4% to Rs 375.59 Crores. Q4 standalone PAT surged 36% year-on-year to Rs 130 Crores. Consolidated FY26 PAT stood at Rs 357.81 Crores. EBITDA margin improved to 12.06% (vs 11.54% in FY25). Both standalone and consolidated audit reports received unmodified opinions from statutory auditors Kirtane & Pandit LLP and P G Bhagwat LLP. The company raised Rs 300 Crores via commercial papers (Rs 29.98 Crores outstanding as of March 31, 2026). A Luxembourg subsidiary (ISMT Enterprises SA) was voluntarily liquidated during the year.
KFIL delivered strong double-digit profit growth driven by operational efficiency improvements. For Kirloskar Industries shareholders, the material subsidiary's healthy performance is positive, though investors should note the subsidiary's ongoing debt levels and commercial paper issuance.