Kirloskar Pneumatic Company Limited announced its Q3FY26 financial results alongside significant corporate developments including interim dividend declaration and leadership transition plans. The Board of Directors approved these decisions in their meeting held on January 23, 2026.

Financial Performance Highlights

The company delivered robust financial performance in Q3FY26 with substantial growth across key metrics. Standalone revenue from operations reached ₹4,035 crores compared to ₹3,400 crores in Q3FY24, representing an 18.68% year-over-year increase.

The company's earnings per share (basic) stood at ₹6.65 for Q3FY26 compared to ₹5.55 in Q3FY24. For the nine months ended December 31, 2025, the company achieved revenue of ₹10,536 crores with net profit of ₹1,145 crores.

Interim Dividend Declaration

The Board declared an interim dividend of ₹3.50 per equity share (175%) for FY2025-26. The dividend will be paid through National Electronic Clearing System (NECS) with the record date fixed as January 30, 2026. The payment will be completed on or before February 21, 2026.

Leadership Transition

The company announced the appointment of Aman Rahul Kirloskar as Managing Director effective April 1, 2026, for a five-year term until March 31, 2031. This appointment is subject to shareholder approval through postal ballot and follows the completion of K Srinivasan's tenure on March 31, 2026.

Aman Kirloskar, aged 31 years, brings extensive experience within the Kirloskar Group. He graduated in Business Administration from Bryant University with a major in Global Supply Chain Management. His career progression within the group includes roles as Supply Chain Manager at Kirloskar Chillers Private Limited, Senior Manager and General Manager (Operations) at Kirloskar Pneumatic, and currently serves as Vice President - ACR SBU.

Business Segment Performance

The Compression Systems segment, the company's primary business vertical, generated revenue of ₹3,792 crores in Q3FY26 compared to ₹3,158 crores in Q3FY24. The segment achieved profit before tax and interest of ₹943 crores in Q3FY26 versus ₹600 crores in Q3FY24.

Under Aman Kirloskar's leadership of the ACR SBU, the business unit achieved its highest-ever sales since inception, contributing to the company's record revenue of over ₹1,600 crores. This performance earned recognition through the prestigious 'Chairman's Award for Best Business'.

Exceptional Items and Regulatory Impact

The company reported exceptional items of ₹183 crores in Q3FY26 related to the statutory impact of new labour codes. This one-time charge arose from the Government of India's notification of four Labour Codes in November 2025, consolidating 29 existing labour laws. The impact primarily relates to changes in wage definition affecting employee benefits.

Consolidated Results

On a consolidated basis, the company reported revenue from operations of ₹4,069 crores in Q3FY26 compared to ₹3,426 crores in Q3FY24. Consolidated net profit attributable to equity holders reached ₹422 crores versus ₹364 crores in the corresponding previous period. The consolidated earnings per share (basic) stood at ₹6.40 for Q3FY26.

Kirloskar Systems Private Limited has disclosed a substantial acquisition of shares in T Care India Limited under SEBI's takeover regulations. The acquisition represents a routine regulatory filing for share transactions in the Indian capital markets.

Transaction Details

The company acquired 20 shares carrying voting rights in T Care India Limited through open market purchases. The transaction was completed on December 18, 2025, with the regulatory disclosure filed one day later on December 19, 2025.

Target Company Profile

T Care India Limited maintains its equity structure with the updated capital composition as disclosed in the regulatory filing. The company's capital structure remained unchanged following this acquisition.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Kirloskar Systems Private Limited identified itself as acting in concert with promoter group entities in this transaction.

Geetanjali Kirloskar, serving as Chairperson Managing Director, authorized and signed the regulatory filing. The disclosure was executed from France, indicating the international presence of the company's leadership during the filing process.

Corporate Structure

Kirloskar Systems Private Limited operates as part of the broader Kirloskar Group, a diversified industrial conglomerate. The company's participation in share acquisitions reflects ongoing corporate investment activities within the group's portfolio management strategy.

The transaction maintains T Care India Limited's diluted share capital at ₹82.43 crores, with no impact on the overall capital structure or voting capacity distribution of the target company.