Kirloskar Industries Limited has informed the Exchange regarding Change in Auditors of the company.
KIRLOSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 13.4 pts more than Nifty Microcap 250 and 13.7 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kirloskar Industries Limited has reported audited standalone PAT of Rs 77.01 Crore for FY2026 vs Rs 78.32 Crore in FY2025 (marginal 1.7% decline), while consolidated PAT grew 14.8% to Rs 353.77 Crore from Rs 308.22 Crore. Total consolidated income rose 5% to Rs 7,013 Crore. The Board has recommended a final dividend of Rs 13 per share (130%). The filing pertains to the re-appointment of Kirtane & Pandit LLP as statutory auditors for a second term of 5 years till 2031, subject to shareholder approval at the ensuing AGM. The auditors issued an unmodified (clean) opinion on both standalone and consolidated financial results. Exceptional items of Rs 2.62 Crore include reversal of ESAR charge (Rs 3.25 Crore income) partly offset by new Labour Codes impact (Rs 0.63 Crore expense).
Clean audit opinion and stable PAT growth on consolidated basis are positives. The re-appointment of existing auditors for a 5-year term indicates continuity and stability in governance. The dividend recommendation provides direct shareholder returns.