Kirloskar Ferrous Industries Limited (KFIL) announced Q1 financial results showing growth across key metrics. Revenue increased 8.5% to ₹1,685.10 crores, EBITDA rose to ₹213.90 crores with a 12.7% margin, and PAT grew 26.7% to ₹95.80 crores. The company saw volume growth in Pig Iron (5%) and Tubes (42%) segments. KFIL emerged as the preferred bidder for an iron ore mine in Karnataka and proposed a merger of two wholly-owned subsidiaries. The company is undertaking several efficiency and cost-reduction projects expected to complete between Q2 and Q4.
04Aug 25
Kirloskar Ferrous Reports 36% Net Profit Growth Despite Stock Decline
Kirloskar Industries posted strong Q1 results with a 36% year-on-year increase in net profit to ₹95.00 crore. Revenue from operations grew by 9% to ₹1,698.00 crore. EBITDA rose 16% to ₹217.00 crore with margins improving to 12.80%. However, the company's stock fell 5.85% to ₹553.00 on the BSE, highlighting a disconnect between financial performance and market reaction.
Kirloskar Industries' Q4 financial results show a slight revenue increase to ₹17.50 billion, up 1.16% year-over-year. However, profitability declined with EBITDA falling 12.50% to ₹2.10 billion and net profit decreasing 23.53% to ₹468.00 million. Despite profit challenges, the company declared a dividend of ₹13.00 per share.