Home Business

Kirloskar Oil Engines Delivers Record Q3; Board Declares 125% Interim Dividend

Kirloskar Oil Engines Delivers Record Q3; Board Declares 125% Interim Dividend

Kirloskar Oil Engines Limited reported its highest-ever third-quarter standalone net sales of ₹ 1,371 crore in Q3 FY26, up 35% year-on-year. Standalone net profit stood at ₹ 102 crore, reflecting 80% growth over ₹ 57 crore in Q3 FY25. EBITDA rose to ₹ 169 crore from ₹ 106 crore, with margin improving to 12.2%.

The Board of Directors declared an interim dividend for FY26 at 125%, i.e. ₹ 2.50 per equity share. Commenting on the results, Gauri Kirloskar, Managing Director, Kirloskar Oil Engines, said “KOEL has delivered its highest-ever third-quarter sales, driving record year-to-date performance. Growth was broad-based across segments, with 35% year-on-year growth for the quarter and 25% growth year-to-date, reflecting strong momentum across all businesses.

During the quarter, we completed the standalone B2C integration. The integration of the Fluid Dynamics business is a strategic milestone that enables sharper segment focus while unlocking synergies across operations.

At Arka, we are progressing well against our stated strategy of building a strong Retail Portfolio with a focus on Used Wheels and Small Ticket LAP to complement the existing SME and Wholesale book. In the past 9 months, we have opened 85 new branches and disbursed ₹ 328 Cr in Secured Retail lending division – testament of strong execution on the ground.

With sustained strength in B2B and positive momentum in the Industrial segment, we are well positioned for the remainder of FY 26. Backed by a strong product pipeline and steady progress on our expansion plans, we remain confident in our long-term growth strategy and commitment to sustainable value creation.”