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Kirloskar Ferrous Industries Reports 9% Rise in Q2 FY26 Profit; Revenue Up 4% YoY

Kirloskar Ferrous Industries Reports 9% Rise in Q2 FY26 Profit; Revenue Up 4% YoY

Kirloskar Ferrous Industries Limited (KFIL) (BSE: 500245), one of India’s leading manufacturers of castings, pig iron, steel, and seamless tubes, announced its unaudited financial results for the second quarter of FY 2025–26, reporting steady growth in revenue and profitability despite a challenging market environment.

For the quarter ended September 30, 2025, KFIL posted a standalone revenue of ₹1,728 crore, marking a 4% increase year-on-year (YoY) compared to ₹1,667 crore in Q2 FY25. The company’s net profit rose 9% YoY to ₹92 crore, driven by strong demand from the tractor and automotive sectors and healthy performance in its castings, tubes, and steel divisions.

Commenting on the results, R. V. Gumaste, Managing Director, KFIL, said:

“Q2 has been a mixed bag for KFIL. While demand across product segments remained steady, margins were under pressure due to iron and steel price fluctuations. However, strong traction from the tractor and automotive industries supported our growth. Despite a dip in realizations and commodity headwinds, we maintained strong topline and profitability. With Oliver Engineering ramping up production and the ONGC order securing tube volumes for the second half, we remain focused on delivering stable performance.”

Standalone Q2 FY26 Financial Highlights:

  • Revenue from Operations: ₹1,728 crore, up 4% YoY (₹1,667 crore in Q2 FY25)

  • EBITDA: ₹213.6 crore, up 9% YoY (₹195.4 crore in Q2 FY25)

  • EBITDA Margin: 12.4% (vs 11.7% in Q2 FY25)

  • PBT: ₹125.9 crore, up 9% YoY (₹115.1 crore in Q2 FY25)

  • PAT: ₹92.3 crore, up 9% YoY (₹84.9 crore in Q2 FY25)

Consolidated Q2 FY26 Financial Highlights:

  • Revenue from Operations: ₹1,755 crore, up 5% YoY (₹1,666 crore in Q2 FY25)

  • EBITDA: ₹214.4 crore, up 10% YoY (₹194.1 crore in Q2 FY25)

  • EBITDA Margin: 12.2% (vs 11.6% in Q2 FY25)

  • PBT: ₹119.9 crore, up 11% YoY (₹107.8 crore in Q2 FY25)

  • PAT: ₹86.3 crore, up 11% YoY (₹77.6 crore in Q2 FY25)

KFIL’s growth momentum continues to be supported by its diversified business portfolio, with its steel and seamless tubes segment — bolstered by the merger with ISMT Limited — contributing significantly to overall volumes and value addition.