Date: 5 August 2026
Financial Results (Standalone & Consolidated)
Standalone Financial Results (Quarter ended 30 June 2026):
- Revenue from Operations: ₹1,771.51 crore (vs ₹1,698.07 crore in Q1 FY2026, +4.3% YoY)
- Other Income: ₹17.43 crore (vs ₹8.46 crore in Q1 FY2026)
- Total Income: ₹1,788.94 crore (vs ₹1,706.53 crore in Q1 FY2026)
- Expenses: ₹1,654.52 crore (Cost of materials: ₹1,005.07 crore, Employee benefits: ₹98.87 crore, Finance costs: ₹29.47 crore, Depreciation: ₹69.26 crore, Other expenses: ₹505.01 crore)
- Profit before exceptional items and tax: ₹134.42 crore (vs ₹127.22 crore in Q1 FY2026)
- Exceptional Items: ₹29.33 crore (Stamp duty and associated expenses for ISMT Limited merger)
- Profit before tax: ₹105.09 crore (vs ₹127.22 crore in Q1 FY2026)
- Tax expense: ₹22.77 crore (Current tax: ₹22.10 crore, Deferred tax: ₹0.67 crore)
- Profit for the period: ₹82.32 crore (vs ₹235.47 crore in Q1 FY2026, -65.0% YoY)
- Total Comprehensive Income: ₹81.77 crore (vs ₹239.74 crore in Q1 FY2026)
- EPS (Basic): ₹4.99 (vs ₹14.30 in Q1 FY2026)
- EPS (Diluted): ₹4.98 (vs ₹14.24 in Q1 FY2026)
Consolidated Financial Results (Quarter ended 30 June 2026):
- Revenue from Operations: ₹1,771.51 crore
- Profit for the period attributable to equity shareholders: ₹82.34 crore
- Total Comprehensive Income attributable to equity shareholders: ₹81.79 crore
- EPS (Basic): ₹4.99
- EPS (Diluted): ₹4.98
Key Financial Ratios (Standalone):
- Debt Service Coverage Ratio (Annualized): 1.93 (vs 2.32 in Q1 FY2026)
- Interest Service Coverage Ratio (Annualized): 4.57 (vs 4.74 in Q1 FY2026)
- Net Worth: ₹2,569.05 crore (vs ₹2,297.72 crore in Q1 FY2026)
- Current Ratio: 1.19 (vs 1.10 in Q1 FY2026)
- Operating Margin: 10.52% (vs 12.77% in Q1 FY2026)
- Net Profit Margin: 4.65% (vs 13.87% in Q1 FY2026)
Board Meeting Outcomes
Meeting held on 5 August 2026 from 12:00 noon to 2:15 p.m. approved:
- Unaudited financial results (standalone and consolidated) for quarter ended 30 June 2026
- Submission of results to stock exchanges pursuant to SEBI Listing Regulations 30 and 33
Notes to Financial Results
1. Segment Information: Company operates in three segments - Iron Castings, Tubes, and Steel. Segment disclosure provided only in consolidated results.
2. ESOP Allotment: Consequent to allotment of 70,741 Equity Shares of ₹5 each pursuant to 'KFIL Employee Stock Option Schemes' during the quarter, the Issued, Subscribed and Paid-up equity share capital increased to ₹824,961,920 comprising 164,992,384 equity shares.
3. Commercial Paper Issuance: During the quarter, ₹200 Crores raised by issue of commercial papers for working capital requirements and general corporate purposes. Total outstanding Commercial Papers as on 30 June 2026 was ₹196.91 Crores.
4. Exceptional Items: ₹29.33 crores incurred towards stamp duty and associated expenses for Scheme of Arrangement and Merger of ISMT Limited into the Company (per NCLT Mumbai order).
5. Merger Impact: Consequent to merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with the Company, financial results for corresponding quarters of FY 2025-26 have been updated. Company recognized deferred tax asset on appointed date (1 April 2025) utilized across previous quarters and current quarter.
6. Large Corporate Status: Company is not a Large Corporate as per SEBI Master Circular dated 10 August 2021.
Consolidated Segment Performance
- Casting Segment: Profit before tax and interest: ₹121.20 crore (vs ₹100.78 crore in Q1 FY2026)
- Tube Segment: Profit before tax and interest: ₹40.61 crore (vs ₹41.83 crore in Q1 FY2026)
- Steel Segment: Profit before tax and interest: ₹0.21 crore (vs ₹19.67 crore in Q1 FY2026)
- Total Profit before exceptional items and tax: ₹134.44 crore
Material Subsidiary Update
Kirloskar Industries Limited notified that Kirloskar Ferrous Industries Limited (KFIL), its listed material subsidiary, filed intimation under SEBI Listing Regulation 30 with stock exchanges.