Kirloskar Industries Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing mixed performance across standalone and consolidated operations. The Board of Directors approved these results on February 13, 2026, following review by the Audit Committee and statutory auditors.

Standalone Financial Performance

The company's standalone operations demonstrated resilience with total income reaching ₹14.89 crores in Q3FY26 compared to ₹13.93 crores in Q3FY25. For the nine-month period, total income grew to ₹84.62 crores from ₹79.80 crores in the previous year.

The nine-month profit after tax showed encouraging growth of 13.1%, increasing to ₹53.70 crores from ₹47.46 crores in the corresponding period of the previous year.

Consolidated Results Show Strong Growth

On a consolidated basis, Kirloskar Industries delivered robust performance with significantly higher revenue and profitability. Total consolidated income for Q3FY26 reached ₹1,631.83 crores compared to ₹1,625.95 crores in Q3FY25.

The consolidated nine-month profit after tax grew by 15.3% to ₹243.42 crores, demonstrating the group's operational efficiency across its diversified business segments.

Segment-wise Performance Analysis

The company's diversified portfolio spans multiple segments including investments, real estate, iron casting, tube manufacturing, and steel operations. The iron casting segment contributed ₹1,069.70 crores in Q3FY26 revenue, while the tube segment generated ₹494.05 crores. The steel segment added ₹440.89 crores to the consolidated revenue.

Impact of New Labour Codes

The company recognized exceptional expenses of ₹0.96 crores in standalone results and ₹19.44 crores in consolidated results for Q3FY26, primarily due to the implementation of new Labour Codes notified by the Government of India on November 21, 2025. These codes consolidate 29 existing labour laws and resulted in incremental employee benefit costs due to changes in wage definitions.

Other Comprehensive Income Challenges

Both standalone and consolidated results were significantly impacted by other comprehensive losses, primarily due to fair valuation changes in quoted equity investments. The standalone other comprehensive loss was ₹387.80 crores for Q3FY26, while consolidated other comprehensive loss reached ₹387.23 crores.

Capital Structure Updates

During the quarter, the company allotted 9,443 equity shares under the Kirloskar Industries Limited – Employees Stock Appreciation Rights Plan 2019, increasing the paid-up equity share capital to ₹10.51 crores comprising 1,05,09,372 shares of ₹10 each.

Kirloskar Industries Limited has informed stock exchanges about a significant corporate action by its material subsidiary, Kirloskar Ferrous Industries Limited (KFIL). The subsidiary has declared an interim dividend for the current financial year, marking an important shareholder return initiative.

Dividend Declaration Details

The Board of Directors of Kirloskar Ferrous Industries Limited approved the interim dividend declaration at their meeting held on February 10, 2026. The company has announced specific parameters for this dividend distribution to ensure clarity for shareholders.

Payment Methodology

Kirloskar Ferrous Industries has specified that the interim dividend will be distributed exclusively through electronic payment modes. The company will utilize various digital payment mechanisms approved by the Reserve Bank of India for this purpose.

The electronic payment modes include:

• Electronic Clearing Services
• Direct Credit
• RTGS (Real Time Gross Settlement)
• NEFT (National Electronic Funds Transfer)

Regulatory Compliance

The dividend declaration follows proper regulatory procedures under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kirloskar Ferrous Industries has communicated this decision pursuant to Regulations 30, 42, and 43 of the listing regulations.

The company referenced an earlier communication dated January 31, 2026, indicating this announcement continues previous correspondence regarding corporate actions. Company Secretary Mayuresh Gharpure signed the official communication to stock exchanges on February 10, 2026.

Parent Company Notification

Kirloskar Industries Limited, as the parent company, has fulfilled its obligation to inform stock exchanges about material subsidiary developments. Company Secretary Ashwini Mali communicated this update to both BSE Limited and National Stock Exchange of India Limited, ensuring comprehensive market disclosure of the subsidiary's corporate action.