Latest news about Kirloskar Oil Engines
Kirloskar Oil Engines
2,168.60
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More news about Kirloskar Oil Engines
10Aug 26
Kirloskar Oil Engines Latest Results: Targets $2 Billion Revenue by FY30, Higher EBITDA Margins
Kirloskar Oil Engines has set a revenue target of $2 billion by FY30, with a focus on higher EBITDA margins and sustainable growth. Despite global business challenges, the company remains committed to its EBITDA goals for the year. Management expects profit to rise in upcoming quarters, supported by pricing changes and cost management efforts.
08Aug 26
Kirloskar Oil Engines re-appoints Yogesh Kapur as Independent Director
Kirloskar Oil Engines Limited has secured shareholder approval for the re-appointment of Yogesh Kapur as an Independent Director. The five-year term begins on September 29, 2026, following the AGM on August 7, 2026. This is Kapur's second consecutive term in the role.
08Aug 26
Kirloskar Oil Engines shareholders approve all AGM resolutions with majority support
Kirloskar Oil Engines Limited reported that all six resolutions at its 17th AGM were passed, including a ₹7 per share dividend and re-appointments of directors and auditors. Voting results show strong shareholder support, with over 99% approval for most items, ensuring continuity in governance and capital returns.
07Aug 26
Kirloskar Oil Engines' Subsidiary Completes 49% Stake Acquisition in Wildcat Power Gen, USA
Kirloskar Americas Corporation, USA, a wholly owned subsidiary of Kirloskar Oil Engines Limited, completed the acquisition of a 49% stake in Engines LPG, LLC dba Wildcat Power Gen, USA on August 6, 2026 (US time), for a cash consideration of USD 0.15 mn at USD 31 per unit. The acquisition makes Wildcat Power Gen a wholly owned subsidiary of Kirloskar Americas Corporation, consolidating 100% ownership. Wildcat Power Gen, a US-based genset OEM incorporated in 2013, reported revenue of USD 4.71 mn in FY 2026, up from USD 2.64 mn in FY 2025 and USD 0.36 mn in FY 2024. The move aims to streamline governance, integrate technology and supply chain operations, and support North American expansion.
07Aug 26
Kirloskar Oil Engines profit falls 17% in Q1FY27 on margin squeeze
Kirloskar Oil Engines saw consolidated net profit fall 17% to ₹111.06 crore in Q1FY27, while revenue grew 13% to ₹1,999.53 crore. Standalone profit declined 9% to ₹99.31 crore. Export sales dropped 11%, offset by a 19% surge in domestic sales. The company invested in new subsidiaries and granted employee stock options.
06Aug 26
Kirloskar Oil Engines sets Aug 14 cut-off for ESOP amendment ballot
Kirloskar Oil Engines Limited is seeking shareholder approval via postal ballot to increase its Employee Stock Option Plan 2019 pool by 100,000 options. The cut-off date for voting entitlement is fixed as August 14, 2026, with the proposal approved by the Board on August 6, 2026.
06Aug 26
Kirloskar Oil Engines cancels 36,108 ESOPs following voluntary surrenders
Kirloskar Oil Engines Limited cancelled 36,108 employee stock options due to voluntary surrenders, reducing the total pool from 2,40,000 to 2,03,892. The Board approved this change on August 6, 2026, following recommendations from the Nomination and Remuneration Committee. The adjustment aligns with the KOEL ESOP 2019 plan terms and regulatory disclosures.
04Aug 26
Kirloskar Oil Engines hosts Q1FY27 earnings call on Aug 7
Kirloskar Oil Engines Limited has announced a conference call for August 7, 2026, to discuss unaudited financial results for Q1FY27. The event, organized by Antique Stock Broking Limited, will feature senior management and provide insights into the company's performance for the quarter ended June 30, 2026.
03Aug 26
Satish Jamdar exits Kirloskar Oil Engines board after term
Satish Jamdar leaves the board of Kirloskar Oil Engines Limited on August 3, 2026, after completing his second four-year term as Independent Director. He steps down from the Audit Committee and chairs of the Nomination and Remuneration and Risk Management Committees, triggering a need for new appointments to maintain governance compliance.
15Jul 26
Kirloskar Oil Engines re-submits FY26 Annual Report; AGM set for August 7, 2026
Kirloskar Oil Engines Limited re-filed its FY 2025-26 Annual Report with only a cover page image update, keeping all financial content unchanged. The 17th AGM is scheduled for August 7, 2026, with a record date of July 31, 2026 for the proposed final dividend of ₹4.50 per share (225%). FY26 standalone net sales grew 25% to ₹5,604 crores, EBITDA rose 33% to ₹737 crores, and net profit from continuing operations increased 35% to ₹441 crores, with gross international revenues crossing ₹1,000 crores.
04Jul 26
Kirloskar Oil Engines fixes record date for final dividend
Kirloskar Oil Engines Limited has announced July 31, 2026, as the record date to determine shareholder eligibility for the final dividend for FY26. The 17th Annual General Meeting is scheduled for August 7, 2026, via video conferencing. Shareholders are requested to register email addresses and update KYC details to receive documents and dividends electronically.
03Jul 26
Kirloskar Oil Engines outlines operations in investor meetings
Kirloskar Oil Engines Limited conducted meetings with analysts and financial institutions on June 29, 2026, to provide an operational overview. The sessions included interactions with DSP Mutual Fund, Enam Asset Management, and a group meeting by Motilal Oswal Securities. The company confirmed that no unpublished price sensitive information was disclosed during these discussions.
01Jul 26
Kirloskar Oil Engines extends investment timeline to Sep 2026
Kirloskar Oil Engines has informed the exchanges that the completion of its AED 3.2 million investment in subsidiary KIME, aimed at acquiring South Africa-based Kirloskar Trading SA (PTY) Limited, is now scheduled for on or before September 30, 2026. The investment involves subscribing to 3,200 equity shares and will make the target entity a step-down subsidiary.
22Jun 26
Kirloskar Oil Engines Records ₹18.97 Crore Block Trade on NSE at ₹2389.80 Per Share
Kirloskar Oil Engines recorded a block trade on the NSE involving approximately 79,390 shares at ₹2389.80 per share. The total transaction value amounted to ₹18.97 crores. Such large-scale block trades are generally associated with institutional participation and are closely monitored by market observers.
22Jun 26
Kirloskar Oil Engines Secures 192 MW Order From HyperNext for Data Center Power
Kirloskar Oil Engines Limited has secured a 192 MW order from HyperNext comprising 96 units of 2500 kVA Optiprime™ Dual Core power systems, marking one of India's largest high-capacity standby power deployments for data centres. HyperNext is building what it claims is India's first 800VDC power architecture data centre, designed to support cloud computing, AI, and mission-critical enterprise workloads.
02Jun 26
Kirloskar Oil Engines faces ₹5.82 crore tax demand for FY 2022-23
Kirloskar Oil Engines received a show cause notice from the Deputy Commissioner of State Tax, Pune, demanding ₹5.82 crore for an ITC mismatch in FY 2022-23. The notice includes tax of ₹3.18 crore, interest of ₹2.31 crore, and a penalty of ₹31.85 lakh. The company plans to file a reply and stated the demand will not materially impact its financial or operational activities.
21May 26
KOEL Reports Record Sales, 35% Profit Jump; Targets $2 Billion by FY30
Kirloskar Oil Engines announced its audited financial results for Q4 and FY26, reporting record standalone quarterly sales of ₹1,522 crore, a 24% YoY increase, and full-year net sales growth of 25% to ₹5,604 crore. Standalone net profit for the year rose 35% to ₹464 crore, while consolidated net profit increased 40% to ₹582 crore. The Board recommended a final dividend of ₹4.50 per share, bringing the total dividend for the year to ₹7.00 per share. Management provided guidance targeting $2 billion in revenue by FY30 and announced a capital expenditure plan of INR 1,400 crores over FY27 and FY28, primarily for High Horsepower capacity enhancement at the Kagal plant. The company also incorporated a new subsidiary, Kirloskar Advanced Systems Private Limited, and completed the transfer of its B2C business segment.
20May 26
KOEL Promoters Declare No Encumbrance On Shares For FY26
Kirloskar Oil Engines Limited disclosed that its promoters, led by Atul Kirloskar, hold no encumbered shares as of March 31, 2026. The declaration confirms zero pledging across the promoter group, which collectively holds significant stakes including Atul Kirloskar's 10.10% and Rahul Kirloskar's 12.24%. The compliance filing will be presented at the company's next Audit Committee meeting.
20May 26
Kirloskar Oil Engines faces ₹5.9 crore GST tax demand
Kirloskar Oil Engines Limited received a Show Cause Notice dated May 19, 2026, from the GST authorities in Lucknow regarding an ITC mismatch for FY 2022-23. The notice demands a tax of ₹5,90,02,030 along with a penalty of ₹59,00,203. The company has stated that it does not expect any material impact on its operations and will file a reply within the stipulated time.
15May 26
Kirloskar Oil Engines Sees ₹17.36 Crore Block Trade on NSE at ₹1628.30 Per Share
Kirloskar Oil Engines recorded a block trade on the NSE involving approximately 106,607 shares at ₹1628.30 per share. The total value of the transaction stood at ₹17.36 crores. Block trades of this scale are generally associated with institutional-level participation in the equity markets.
15May 26
Kirloskar Oil Engines Re-appoints Yogesh Kapur as Independent Director for Second Term; Allots 12,286 ESOP Shares
Kirloskar Oil Engines' Board, in its May 14, 2026 meeting, approved the allotment of 12,286 equity shares under KOEL ESOP 2019, re-appointed Mr. Yogesh Kapur (DIN 00070038) as Independent Director for a second consecutive 5-year term effective September 29, 2026, and re-appointed G. D. Apte & Co. as statutory auditors for a second term of 5 consecutive years through 2031, all subject to shareholder approval at the ensuing AGM.
25Apr 26
Kirloskar Oil Engines Limited Allots 8,449 Equity Shares Under ESOP 2019
Kirloskar Oil Engines Limited allotted 8,449 fully paid-up equity shares of Rs. 2/- each under KOEL ESOP 2019 following Stakeholders Relationship Committee approval on 24th April 2026. The allotment increased issued and subscribed capital to 14,53,68,123 equity shares aggregating Rs. 29,07,36,246/- and paid-up capital to 14,53,67,658 shares aggregating Rs. 29,07,35,316/-. The disclosure was made to BSE and NSE in compliance with SEBI regulations.
21Apr 26
Kirloskar Oil Engines Records ₹37.19 Crore Block Trade on NSE
Kirloskar Oil Engines Limited recorded a major NSE block trade worth ₹37.19 crores involving approximately 225,055 shares at ₹1,652.50 per share. This substantial institutional transaction highlights significant market activity and investor interest in the company's stock.
15Apr 26
Kirloskar Oil Engines Submits SEBI Compliance Certificate for Q4FY26 Period
Kirloskar Oil Engines Limited submitted its mandatory certificate under SEBI Regulation 74(5) for Q4FY26 period (January-March 2026) on 15th April 2026. The certificate, issued by registrar MUFG Intime India Private Limited, confirms proper handling of securities dematerialisation and compliance with prescribed timelines. The filing demonstrates the company's adherence to regulatory requirements for depositories and participants regulations.
11Apr 26
Finolex Cables Publishes Second IEPF 100 Days Campaign Advertisement
Finolex Cables Limited has formally communicated to stock exchanges about publishing newspaper advertisements regarding the IEPF Authority's second 100 days campaign 'Saksham Niveshak'. The campaign runs from April 1 to July 9, 2026, focusing on helping shareholders update KYC details and claim unpaid dividends from FY 2018-19 to FY 2024-25 to prevent their transfer to IEPF accounts.
06Apr 26
Kirloskar Oil Engines Opens Special Window for Physical Securities Transfer and Dematerialisation
Kirloskar Oil Engines Limited has opened a special window for transfer and dematerialisation of physical securities sold/purchased before April 1, 2019, valid from February 5, 2026 to February 4, 2027. The facility follows SEBI Circular dated January 30, 2026, and includes specific eligibility criteria based on transfer deed execution dates and document availability. Transferred shares will be credited in dematerialised form only and remain under one-year lock-in with transfer restrictions.
30Mar 26
Kirloskar Oil Engines Officially Incorporates Defence-Focused Subsidiary
Kirloskar Oil Engines has completed the official incorporation of its new wholly owned subsidiary, Kirloskar Advanced Systems Private Limited, receiving the certificate of incorporation on March 30, 2026. The subsidiary, established with a ₹9.00 crore investment through 90.00 lakh equity shares at ₹10.00 per share, will focus on engineering and industrial equipment for defence and railways sectors, including design, manufacturing, and maintenance services.
21Mar 26
Kirloskar Oil Engines Receives ₹4.31 Crore GST Tax Demand Order for FY 2019-20
Kirloskar Oil Engines Limited received a GST tax demand order of ₹4.31 crores from the Joint Commissioner of State Tax, Pune for FY 2019-20, comprising interest of ₹2.21 crores, tax of ₹1.91 crores, and penalty of ₹19.08 lakhs for ITC mismatch and disallowance. The company does not anticipate material impact and plans to file a second appeal within prescribed timelines.
21Mar 26
Kirloskar Oil Engines Receives Favorable GST Order-In-Appeal with Significant Tax Demand Reduction
Kirloskar Oil Engines Limited received a favorable GST Order-In-Appeal on 20th March 2026, resulting in reduced tax demand from Rs. 1,28,33,572 to Rs. 1,25,05,603 and interest reduction from Rs. 1,10,43,912 to Rs. 1,09,68,308 for FY 2020-21. The order addressed issues related to short payment of GST and Input Tax credit disallowance, while penalty of Rs. 25,13,471 remained unchanged. The company expects no material impact on operations and plans to file a second appeal within prescribed timelines.
16Mar 26
Kirloskar Oil Engines Continues Investor Engagement with Latest Meeting Series
Kirloskar Oil Engines Limited has completed regulatory disclosures for multiple investor meetings held in March 2026, including virtual sessions with Philip Capital, Bandhan Mutual Fund, and Goldman Sachs on March 13, followed by a 1x1 meeting with Eastlane Capital on March 16. All meetings focused on operational overview without sharing unpublished price sensitive information, maintaining strict SEBI compliance.
10Mar 26
Kirloskar Oil Engines Announces Leadership Succession with Atul Kirloskar's Retirement
Kirloskar Oil Engines Limited has announced a planned leadership transition with Atul Kirloskar retiring as Chairman after 43 years of service, effective March 31, 2026. The succession plan includes appointing Rahul Kirloskar as new Chairman and Gauri Kirloskar as Vice-Chairperson, representing a carefully orchestrated transition to ensure organizational continuity.
10Mar 26
Kirloskar Oil Engines Allots 9,536 Equity Shares Under ESOP 2019 Scheme
Kirloskar Oil Engines Limited's Board approved allotment of 9,536 equity shares under ESOP 2019 during their March 10, 2026 meeting. The allotment increased the company's paid-up capital to Rs. 29,07,18,418/- with total paid-up shares reaching 14,53,59,209. The shares were allotted upon exercise of employee stock options under the KOEL ESOP 2019 scheme, with each equity share carrying a face value of Rs. 2/-.
17Feb 26
Kirloskar Oil Engines Releases Q3 FY26 Earnings Call Transcript
Kirloskar Oil Engines published the transcript of its Q3 FY26 earnings conference call held on February 12, 2026, showcasing the company's highest ever quarterly sales performance with 35% year-on-year growth across all business segments. The call highlighted exceptional performance in the High Horsepower segment with 235% growth, strategic expansion plans targeting $2 billion revenue by FY30, and ongoing investments in international markets and advanced manufacturing capabilities.
16Jan 26
Kirloskar Oil Engines Shareholders Approve Independent Director Appointment
Kirloskar Oil Engines Limited has successfully completed the postal ballot process for appointing Mr. Srikumar Vijayasekharan as Independent Director. Shareholders approved the special resolution confirming his five-year term starting November 11, 2025. The appointment brings significant expertise from his role as former COO of Deloitte South Asia and strengthens the company's governance structure.
05Jan 26
Kirloskar Oil Engines Allots Additional 9,185 Shares Under ESOP 2019 Scheme
Kirloskar Oil Engines Limited has allotted an additional 9,185 equity shares under its Employee Stock Option Plan 2019, approved by the Stakeholders Relationship Committee on January 5, 2026. This latest allotment increased the company's paid-up capital to ₹29.07 crores and total paid-up equity shares to 14.53 crores, following a previous allotment of 36,279 shares in November, demonstrating the company's ongoing commitment to employee incentivization and strategic capital structure enhancement.
20Dec 25
Kirloskar Oil Engines Promoter Geetanjali Vikram Kirloskar Acquires 200 Shares
Kirloskar Oil Engines promoter Geetanjali Vikram Kirloskar acquired 200 equity shares through open market transactions and filed the mandatory disclosure under SEBI regulations. The company's total equity share capital stands at ₹82.43 crores with 16,48,55,383 shares of ₹5 face value each.
12Dec 25
Kirloskar Oil Engines Wins Partial Relief in GST Case, Demand Cut to ₹4.35 Lakh
Kirloskar Oil Engines Limited has achieved significant relief in its GST misclassification case, with an adjudication order reducing the total demand from ₹8.02 crore to just ₹4.35 lakh. The company received a 99.46% reduction across penalty, interest, and tax components related to HSN code issues, demonstrating successful resolution of the regulatory challenge.
09Dec 25
Kirloskar Oil Engines Receives Favorable GST Order, Significantly Reducing Tax Liability
Kirloskar Oil Engines Limited (KOEL) has received a partial favorable order from the Deputy Commissioner of State Tax, Pune, significantly reducing its GST liability for FY 2021-22. The tax demand has been reduced from Rs. 9,74,06,747 to Rs. 23,96,748, a 97.54% decrease. Penalties and interest have also been reduced by over 97%. KOEL plans to appeal for further adjustments within prescribed timelines. The company does not anticipate any material impact on its financial or operational activities.
18Nov 25
Kirloskar Oil Engines Achieves Record Q2 Revenue, Driven by Strong Growth Across Segments
Kirloskar Oil Engines Limited (KOEL) achieved record-breaking performance in Q2 FY2026, with revenue exceeding INR 1,500 crore for the first time. Net sales reached INR 1593.00 crore, a 35% YoY growth. EBITDA grew 45% to INR 214.00 crore, with net profit up 44% to INR 141.00 crore. The Power Generation segment led growth with 41% YoY increase, while the Industrial business saw 40% YoY growth. International B2B sales rose 39% YoY, with B2C sales up 77%. The company announced restructuring of its B2C business to enhance focus and efficiency. Management remains optimistic about future growth, citing healthy market demand and progress on strategic priorities.
12Nov 25
Kirloskar Oil Engines Achieves Record Q2 Performance with 35% Revenue Surge
Kirloskar Oil Engines Limited (KOEL) achieved its strongest quarterly performance, with standalone net sales exceeding ₹1,500 crore for the first time. Q2 standalone net sales reached ₹1,593 crore, a 35% YoY increase. Standalone net profit grew 44% YoY to ₹141 crore. EBITDA rose 45% to ₹214 crore, with margins improving by 100 bps to 13.40%. Consolidated revenue from continuing operations increased 30% to ₹1,948 crore, while net profit jumped 51% to ₹159 crore. All business segments recorded double-digit growth. The company recently announced a strategic restructuring, transferring B2C operations to its subsidiary, aiming for a ₹2 billion topline by 2030.
12Nov 25
Kirloskar Oil Engines Reports 34% Drop in Quarterly Net Profit to ₹134.90 Crores
Kirloskar Oil Engines Limited (KOEL) reported a 34% year-on-year decline in net profit to ₹134.90 crores for Q2 FY26. Revenue from operations decreased by 4.70% to ₹1,244.65 crores. The company's Board approved the transfer of its B2C segment to its subsidiary La-Gajjar Machineries Private Limited. KOEL invested $2 million in its US subsidiary Kirloskar Americas Corporation. Total assets increased to ₹4,747.19 crores as of September 30, 2025.
10Oct 25
Kirloskar Oil Engines Transfers B2C Segment to Subsidiary in Strategic Move
Kirloskar Oil Engines Limited (KOEL) is transferring its B2C segment, including Water Management Solutions, to its wholly-owned subsidiary La-Gajjar Machineries Private Limited (LGM) through a slump sale. The transaction, effective from October 11, 2025, involves LGM issuing 10,65,150 equity shares to KOEL. The transferred segment contributed 11.59% to KOEL's revenue in FY 2024-25. This move aims to drive operational efficiencies, streamline operations, and position both entities for accelerated growth. The restructuring is part of KOEL's three-year strategy to separate B2C and B2B operations, with no change in KOEL's shareholding pattern.
26Sept 25
Kirloskar Oil Engines Discloses 2009 Family Settlement Deed Following SEBI Clarification
Kirloskar Oil Engines Limited (KOEL) has disclosed a 2009 Deed of Family Settlement (DFS) involving Kirloskar family members after obtaining legal clarification from SEBI through the Bombay High Court. KOEL emphasized it's not a party to the settlement, hasn't ratified it, and the deed doesn't impose restrictions or create liabilities for the company. The settlement involved share distribution among five family members across Kirloskar Group companies. SEBI clarified that disclosure doesn't imply company's admission of the agreement's impact on management or control.
25Sept 25
Kirloskar Oil Engines Faces Rs 18.7 Crore GST Demand, Receives Show Cause Notice
Kirloskar Oil Engines Limited (KOEL) has received a show cause notice from Maharashtra's tax authorities for an Input Tax Credit mismatch in FY 2021-22. The notice proposes a total demand of Rs 18.7 crore, including tax, penalty, and interest. KOEL states it doesn't anticipate any material impact on its operations. The company has informed stock exchanges as per SEBI regulations. Separately, KOEL allotted 25,651 equity shares under its employee stock option plan.
05Sept 25
Kirloskar Oil Engines Reports 60% Surge in Q1 Net Profit, Revenue Up 33%
Kirloskar Oil Engines Limited reported strong financial results for Q1 FY2024. Standalone net profit increased by 60% year-over-year to ₹103.24 crore, while revenue from operations grew 33% to ₹1,264.70 crore. Consolidated net profit rose to ₹125.53 crore, with revenue reaching ₹1,543.37 crore. The company invested ₹36.05 crore in its subsidiary Arka Financial Holdings Private Limited and allotted 93,657 equity shares under its employee stock option plan. Independent Director Mr. Sunil Shah Singh's term will conclude on September 12, 2023.
12Aug 25
Kirloskar Oil Engines Reports Record Q1 Sales, Power Generation Segment Drives Growth
Kirloskar Oil Engines Limited (KOEL) achieved record-breaking Q1 net sales of Rs 1,434.00 crores, an 8% year-on-year increase. The power generation segment led growth with its highest ever Q1 sales at Rs 609.00 crores, up 15% YoY. Consolidated revenue reached Rs 1,751.00 crores, EBITDA stood at Rs 190.00 crores with a 13.2% margin, and net profit from continuing operations was Rs 134.00 crores. Export sales grew 21% to Rs 136.00 crores. KOEL launched new products, secured strategic defense projects, and divested its Optiqua business. Management remains optimistic about sustained domestic demand and growth prospects.
08Aug 25
Kirloskar Oil Engines Shareholders Approve Gauri Kirloskar's Re-appointment as Managing Director
Kirloskar Oil Engines Limited (KOEL) shareholders approved the re-appointment of Ms. Gauri Kirloskar as Whole Time Director and Managing Director for a three-year term starting May 20, 2025. The decision, made at the Annual General Meeting on August 7, 2025, passed with 99.60% votes in favor. Ms. Kirloskar will also continue as a Key Managerial Personnel. The AGM also approved financial statements, declared dividends, and ratified cost auditors' remuneration.
06Aug 25
Kirloskar Oil Engines Reports Strong Q1 Performance Amid Auditor Change at Subsidiary
Kirloskar Oil Engines Limited (KOEL) achieved its highest-ever Q1 standalone net sales of ₹1,434.00 crore, an 8% year-over-year increase. Consolidated revenue rose to ₹1,763.80 crore, up 8% from the previous year. The company's material subsidiary, Arka Financial Holdings Private Limited (AFHPL), is changing auditors due to RBI guidelines. KOEL's business segments showed strong performance, with B2B revenue at ₹1,276.32 crore, B2C at ₹291.78 crore, and Financial Services at ₹195.70 crore. The company also incorporated a new subsidiary in UAE and approved investment in its US subsidiary.
06Aug 25
Kirloskar Oil Engines Reports Record Q1 Sales Amid Mixed Financial Results
Kirloskar Oil Engines Limited (KOEL) achieved its highest-ever Q1 standalone net sales of ₹1,434.00 crore, an 8% year-on-year increase. Standalone revenue from operations rose to ₹1,444.65 crore, with EBITDA increasing by 9% to ₹190.00 crore. Net profit saw a 5% increase to ₹123.00 crore. Consolidated revenue grew 8% to ₹1,763.80 crore, though net profit decreased to ₹138.92 crore. The company's B2B segment generated the highest revenue at ₹1,276.32 crore. KOEL incorporated a new subsidiary in UAE and granted employee stock options. The company's managing director, Gauri Kirloskar, expressed satisfaction with progress in engineering and product development.
14May 25
Kirloskar Oil Engines Reports Q4 Results: Profit Dips, Revenue Rises
Kirloskar Oil Engines released its Q4 financial results, showing a 5.4% increase in revenue to ₹17.50 billion, but a 12.8% decrease in net profit to ₹1.30 billion. EBITDA rose to ₹3.13 billion, while EBITDA margin contracted to 17.86%. The company announced a dividend of ₹4.00 per equity share.
03Apr 25
Kirloskar Oil Engines Secures ₹270 Crore Order from Indian Navy for Marine Diesel Engine Development
Kirloskar Oil Engines Limited (KOEL) has won a ₹270 crore order from the Indian Navy to design and develop a 6MW Medium Speed Marine Diesel Engine. The project, under the Make-I scheme, aims to create a scalable engine platform from 3MW to 10MW for naval vessels. The contract spans 36 months with 70% government funding and requires over 50% indigenous content in the prototype. This order marks a significant step towards reducing India's dependence on imported marine engines and aligns with the country's self-reliance goals in defense manufacturing.
02Apr 25
Kirloskar Oil Engines Secures ₹270 Crore Order from Indian Navy for Marine Diesel Engine Development
Kirloskar Oil Engines Limited (KOEL) has received a ₹270 crore order from the Indian Navy to design and develop a 6MW Medium Speed Marine Diesel Engine, scalable from 3 MW to 10 MW. The project, under the Make-I scheme, aims to support India's defense indigenization efforts. KOEL will develop a prototype with over 50% indigenous content within 36 months. The government will fund 70% of the project cost, with KOEL investing the remaining 30%. This engine will serve for main propulsion and power generation on Indian Navy and Coast Guard ships, reducing dependence on imports.
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