Kirloskar Industries Limited has informed the Exchange regarding Allotment of 3425 Shares.
KIRLOSIND · price
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Kirloskar Industries reported standalone FY25 total income of ₹120.57 Cr, down from ₹133.51 Cr last year, mainly due to lower other income. However, profit after tax grew to ₹78.32 Cr (vs ₹74.63 Cr in FY24), boosted by an exceptional gain of ₹6.10 Cr from reversal of ESAR charges on a director's retirement. Q4 FY25 was strong with PAT of ₹30.86 Cr vs ₹21.97 Cr in Q4 FY24. The Board has recommended a final dividend of ₹13 per share (130%), subject to shareholder approval. Additionally, 3,425 equity shares were allotted under the ESAR Plan 2019, slightly expanding the paid-up share capital. The Board also appointed Mr. George Verghese as the new Managing Director (5-year term) and Ms. Pallavi Gokhale as an Independent Director, effective 1 July 2025. The statutory auditor (Kirtane & Pandit LLP) issued an unmodified (clean) opinion on both standalone and consolidated results.
Shareholders get a healthy 130% dividend and clarity on leadership succession, which are positive signals. The exceptional item distorts the underlying picture, so core earnings were broadly flat year-on-year with weak top-line other income, meaning growth quality is modest. New leadership appointments and clean audit opinion provide governance comfort.