Kirloskar Industries Limited (KIL) has reported robust financial results for Q1, showcasing mixed standalone performance but strong consolidated growth.

Consolidated Performance

The company's consolidated performance demonstrated significant improvements:

• Revenue from operations increased to ₹1,705.48 crores from ₹1,558.96 crores year-over-year
• Profit before tax jumped to ₹132.59 crores from ₹96.10 crores
• Net profit surged to ₹95.37 crores from ₹66.26 crores, marking a 44% increase
• EBITDA margin improved to 13.40% from 12.10%
• Earnings per share increased to ₹42.11 from ₹28.73

Standalone Performance

On a standalone basis, the results were mixed:

• Total income declined to ₹14.91 crores from ₹15.79 crores year-over-year
• Profit before tax increased to ₹10.07 crores from ₹7.65 crores
• Net profit grew to ₹7.83 crores from ₹6.47 crores

Segment Performance

Kirloskar Industries' business segments showed varied results:

Corporate Actions

The company took several corporate actions during the quarter:

• Allotted 3,425 equity shares under its employee stock appreciation rights plan
• Initiated voluntary liquidation of subsidiary ISMT Enterprises SA Luxemburg

Outlook

The strong Q1 results, particularly in consolidated performance, indicate a positive trajectory for Kirloskar Industries. The company's diversified business model continues to drive growth and profitability across various segments. As KIL moves forward, it appears well-positioned to capitalize on market opportunities and deliver value to its shareholders.

Investors and market observers will likely keep a close watch on Kirloskar Industries' performance in the coming quarters, as the company continues to navigate the dynamic business environment and pursue its growth strategies.

Note: All figures are based on the consolidated financial results for Q1 as reported by Kirloskar Industries Limited.

Kirloskar Industries successfully conducted its 34th Annual General Meeting (AGM) on August 4, 2025, through video conferencing, marking significant corporate governance milestones and strategic decisions for the company's future.

Strong Shareholder Participation

The AGM witnessed robust shareholder engagement, with 70 shareholders in attendance, including 9 promoters and 61 public shareholders. This turnout represents a portion of the company's total 1,06,695 members as of the record date, July 28, 2025.

Key Resolutions Approved

Shareholders unanimously approved all seven resolutions presented at the meeting, demonstrating strong support for the company's direction:

1. Financial Statements Adoption: The audited financial statements for the year ended March 31, 2025, including consolidated statements, were approved along with the Board of Directors' and Auditors' reports.

2. Dividend Confirmation: Shareholders confirmed the payment of interim dividends and approved the final dividend for the financial year 2024-2025.

3. Director Reappointment: Mr. Rahul Chandrakant Kirloskar was reappointed as a director, maintaining continuity in the company's leadership.

4. New Director Appointment: Ms. Aditi Atul Kirloskar was appointed as a director liable to retire by rotation, bringing fresh perspectives to the board.

5. Secretarial Auditor Appointment: M/s. M.J. Risbud & Co, Company Secretaries, were appointed as the secretarial auditor for a five-year term, from the 34th to the 39th AGM.

6. Cost Auditor Remuneration: The remuneration for M/s. Dhananjay V. Joshi & Associates as the Cost Auditor was ratified.

7. Fundraising Authority: The Board of Directors received authority to raise funds up to ₹1,000 crores through non-convertible debentures on a private placement basis.

Voting Results Highlight Strong Shareholder Support

The scrutinizer's report revealed overwhelming support for all resolutions:

Corporate Governance and Transparency

Kirloskar Industries Limited, the parent company of Kirloskar Ferrous Industries Limited (KFIL), promptly informed stock exchanges about these developments, underscoring the group's commitment to transparency and adherence to regulatory requirements.

The successful conclusion of the AGM, with its high participation rate and unanimous approvals, reflects strong shareholder confidence in Kirloskar Ferrous Industries Limited's management and future prospects. The company's focus on governance, strategic appointments, and financial prudence positions it well for continued growth and success in the coming years.