Kirloskar Oil Engines reported record Q4 standalone sales of INR1,522 crores, a 24% YoY growth, with full-year sales reaching INR5,604 crores.
The company announced a INR1,400 crore capex plan over two years to add 20,000 engines of new capacity, primarily for high horsepower and international markets.
Power Generation segment grew 32% annually, with the company selling over 50,000 units and significantly gaining market share in the high horsepower segment.
Management reaffirmed its commitment to becoming a USD 2 billion company by FY30, highlighting a 37% growth in international business.