Pune, November 6, 2026: Kirloskar Industries Ltd (KIL), announced today its unaudited financial results for the second quarter of the financial year ending March 31, 2027.
Commenting on the results, George Verghese, Managing Director, KIL, said "We reported stable Q2 results for KIL. Looking at the standalone numbers, we closed the half year with a Total Standalone Income of Rs. 78 crore, registering a growth of 12% year-on-year, and standalone Net profit of Rs. 48 crore. On a consolidated basis, we closed the half year with a Total Income of Rs. 3,896 crore, representing a growth of 11% year-on-year.
Our material subsidiary, Kirloskar Ferrous Industries Limited, continued to deliver a resilient performance during the year, supported by operational stability, capacity optimization and strong demand for its products across the sectors. On the real estate front, our wholly-owned subsidiary, Avante Spaces Limited (ASL), is progressing well. Our landmark Kothrud project is going well and moving forward on track, reinforcing our vision of creating premium, future-ready spaces that maximize value for our stakeholders."
Review of Q2 & YTD 2026-27 Financial Performance (Standalone):
|
Rs. Cr |
Q2 FY27 |
Q2 FY26 |
Y-O-Y |
H1 FY27 |
H1 FY26 |
Y-O-Y |
|
Total Income |
61.3 |
54.8 |
12% |
78 |
69.7 |
12% |
|
PAT* |
40.6 |
38.9 |
4% |
47.7 |
46.7 |
2% |
Review of Q2 & YTD FY 2026-27 Financial Performance (Consolidated):
|
Rs. Cr |
Q2 FY27 |
Q2 FY26 |
Y-O-Y |
YTD FY27 |
YTD FY26 |
Y-O-Y |
|
Total Income |
2,097.7 |
1,790.1 |
17% |
3,896.4 |
3,506.5 |
11% |
|
PAT*# |
105.0 |
100.1 |
5% |
184.2 |
338.3 |
-46% |
*PAT is before Other Comprehensive Income for continuing operations.
# Consequent to the merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with the Subsidiary company, Kirloskar Ferrous Industries Limited, during FY 2025-26, the financial results for the corresponding quarters of FY 2025-26, have been updated to give effect to the Scheme. Further, the Company recognized a deferred tax asset on the appointed date as per the Scheme i.e. 01st April 2025 which has been utilized across previous quarters as well as the current quarter and six months ended 30th September 2026. Consequently, last year’s numbers have an impact of negative tax.
