Kirloskar Industries Reports Strong Q1 FY26 Results with 44% Growth in Consolidated Profit

manufacturing news
George Verghese, Managing Director, Kirloskar Industries Limited

Kirloskar Industries Ltd (KIL) has announced its unaudited financial results for the first quarter of the financial year 2025–26. In the first quarter of FY26, Kirloskar Industries Ltd. reported a standalone revenue of ₹14.9 crore, marking a 6% decline compared to ₹15.8 crore recorded in the same period last year. Despite the drop in revenue, the company delivered a strong bottom-line performance.

Standalone Profit After Tax (PAT) rose to ₹7.8 crore, representing a 21% increase over the ₹6.5 crore reported in Q1 FY25. This improvement in profitability highlights efficient cost management and operational resilience during the quarter.

On a consolidated basis, including discontinued operations, total revenue stood at ₹1,716.4 crore—up 9% from ₹1,571.5 crore in the previous year’s first quarter. Consolidated PAT saw a robust 44% year-on-year growth, rising to ₹95.4 crore from ₹66.3 crore, driven by strong contributions from key subsidiaries.

Commenting on the results, George Verghese, Managing Director of Kirloskar Industries Ltd, said “We recorded a 25% rise in standalone profit and a 44% increase in consolidated profit, supported by strong performance from our subsidiaries. Kirloskar Ferrous Industries Ltd. (KFIL) maintained momentum through strategic integration and assured access to raw materials. Our real estate arm, Avante Spaces, made steady progress on its ~1.6 million sq. ft. project in Kothrud, which is pre-certified for IGBC and LEED Platinum standards. These milestones reflect our commitment to long-term value creation and sustainability.”

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.