Kirloskar Industries Ltd (KIL) announced its financial results for the third quarter and the first nine months of the financial year ending March 31, 2026. Commenting on the performance, Managing Director George Verghese said the quarter delivered stable results, supported by consistent contributions from subsidiaries. Kirloskar Ferrous Industries Ltd improved margins despite softer prices in pig iron and steel, while Avante Spaces continued to progress on its second commercial project. He added that the company remains confident in driving growth through its operational strength and sector experience.
Kirloskar Industries Ltd reported standalone total income of INR 15 crore for the third quarter of FY26, compared with INR 14 crore in the same period last year, reflecting a 7 percent increase. Profit after tax for the quarter stood at INR 6 crore, slightly lower than INR 7 crore reported in Q3 FY25.
For the first nine months of FY26, standalone total income rose to INR 85 crore from INR 80 crore in the previous year. Profit after tax for the period improved to INR 53 crore, up from INR 47 crore in the corresponding period last year.
On a consolidated basis, total income for Q3 FY26 was INR 1,632 crore, broadly unchanged from the same quarter a year ago, while profit after tax stood at INR 49 crore compared with INR 53 crore in Q3 FY25. For the nine-month period, consolidated total income increased to INR 5,138 crore from INR 4,903 crore, and profit after tax rose to INR 242 crore from INR 211 crore.
Kirloskar Industries Ltd, incorporated in 1978, is listed on both the Bombay Stock Exchange and the National Stock Exchange. The company’s operations span wind energy generation and real estate development, the latter through its wholly owned subsidiary Avante Spaces Limited. In addition, KIL holds investments in group companies and leases commercial properties.