Kirloskar Pneumatic Company reported a 21.4% year-on-year rise in standalone net profit to ₹341 million for the quarter ended June 30, 2026, driven by operational efficiency and revenue growth. On a consolidated basis, net profit for the period stood at ₹332 million. Revenue from operations increased to ₹3,003 million from ₹2,720 million in the corresponding prior-year period on a standalone basis, while consolidated revenue reached ₹3,031 million. The Board of Directors approved the unaudited financial results and the acquisition of a majority stake in Kirloskar South-East Asia Company Limited to expand its footprint in the South-East Asian region.

Q1 Financial Highlights

The table below summarises Kirloskar Pneumatic's key standalone and consolidated financial metrics for Q1FY26:

The improvement in profitability was supported by effective cost management, with total expenses growing at a slower pace than revenue. Earnings per share (basic) rose to ₹5.25 from ₹4.33 in the same period last year on a standalone basis.

Acquisition of Kirloskar South-East Asia

The Board approved the acquisition of 99.49% of the total voting power and 48.75% of the total capital of Kirloskar South-East Asia Company Limited (KSEA), a Thailand-based trading company incorporated on March 31, 2016. The transaction involves a cash consideration of THB 170,527,50, not exceeding ₹5 crore, and is expected to be completed within 60 business days from the execution of the Share Purchase Agreement.

KSEA reported a turnover of THB 30.91 million (₹9.24 crore) and a net worth of THB 22.65 million (₹6.77 crore) as on December 31, 2025. The acquisition aims to strengthen the company's presence in the South-East Asian region, enhance customer engagement, and provide faster sales and after-sales support. The target company is part of the Promoter Group, and the transaction is conducted at arm's length.

Auditor Review

The financial results were reviewed by the Statutory Auditors, Kirtane & Pandit LLP, Chartered Accountants. The auditors conducted a limited review in accordance with the Standard on Review Engagements (SRE) 2410. Based on the review, nothing came to their attention that would suggest the financial statements have not been prepared in accordance with Indian Accounting Standards or contain material misstatements.

Kirloskar Pneumatic Company Limited has appointed Mr. Ranganath Nuggehalli Krishna as an Independent Director for a term effective from April 28, 2026 to March 12, 2031. The appointment follows the approval of shareholders through a Special Resolution at the Annual General Meeting held on July 21, 2026. This governance decision reinforces the board's composition as the company operates under the Kirloskar Group banner.

The regulatory disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015. The company confirmed that the necessary details regarding Mr. Krishna's appointment were previously disclosed in its filing dated April 27, 2026, in compliance with the Master Circular issued by the Securities and Exchange Board of India (SEBI) on January 30, 2026.

Appointment Details

The confirmation of this appointment concludes the process initiated earlier this year, ensuring compliance with all regulatory requirements for board composition.