KPT Industries Limited has announced the sad demise of its Executive Chairman and founder Mr. Prakash Arvind Kulkarni, who passed away on January 3, 2026, at the age of 83 years. The company informed BSE Limited about this significant development in compliance with regulatory requirements.

Regulatory Compliance and Announcement

The company made the announcement pursuant to Regulation 30 read with Point 7 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal intimation was communicated to BSE Limited's Corporate Relationship Department on January 3, 2026, the same day as Mr. Kulkarni's passing.

Leadership Legacy

Mr. Prakash Arvind Kulkarni held multiple significant roles within the organization:

Company Operations

KPT Industries Limited operates from its registered office located at Gat No. 320, Mouje Agar, A/P & Taluka: Shirol - 416 103, Dist. Kolhapur, Maharashtra, India. The company maintains ISO 9001:2015 certification and operates across multiple business segments including power tools, blowers, and electric vehicles through its various divisions.

Corporate Communication

The official communication was signed by Company Secretary & Compliance Officer Aishwarya Toraskar (Membership No: A 54931), who conveyed the information with deep sorrow and pain on behalf of the entire organization. The announcement reflects the significant impact of Mr. Kulkarni's leadership and his foundational role in building KPT Industries Limited into its current form.

KPT Industries Limited, a diversified manufacturer of power tools, blowers, windmills, and e-vehicles, has announced its financial results for the second quarter and half-year ended September 30, showcasing robust growth and improved profitability.

Q2 Financial Highlights

KPT Industries reported a significant increase in its revenue from operations for Q2, reaching Rs 438.90 crore, up 19.4% from Rs 367.72 crore in the previous quarter. The company's profit after tax for the quarter stood at Rs 360.40 crore, marking a substantial turnaround from a loss of Rs 307.15 crore in the preceding quarter.

Half-Year Performance

For the half-year ended September 30, KPT Industries recorded revenue from operations of Rs 806.62 crore, compared to Rs 825.66 crore in the corresponding period of the previous year. The company's profit after tax for the half-year reached Rs 667.55 crore, slightly lower than the Rs 805.15 crore reported in the same period last year.

Segment-wise Performance

KPT Industries operates across four segments:

1. Power Tools
2. Blowers
3. Windmills
4. E-Vehicles

The Power Tools segment remained the largest contributor to the company's revenue, followed by Blowers and E-Vehicles. The Windmills segment, while smaller, continued to contribute to the company's diverse portfolio.

Financial Position

As of September 30, KPT Industries reported:

Management Commentary

The Board of Directors of KPT Industries Limited approved these results in their meeting held on November 7. The company's management expressed satisfaction with the quarter's performance, highlighting the strong revenue growth and the significant improvement in profitability.

Earnings Per Share

KPT Industries reported an earnings per share (EPS) of Rs 10.60 for the quarter, while the half-yearly EPS stood at Rs 19.63, reflecting the company's strong financial performance.

Outlook

With its diverse product portfolio and improved financial metrics, KPT Industries appears well-positioned to capitalize on growth opportunities in its various segments. The company's ability to turn around its profitability in the second quarter suggests effective cost management and operational efficiency.

Investors and analysts will likely keep a close watch on KPT Industries' performance in the coming quarters, particularly focusing on the growth trajectory of its E-Vehicles segment and the sustainability of its profit margins across all business verticals.