Kirloskar Ferrous Q1 FY27 Revenue Up 4% to ₹1,771 Cr
Kirloskar Ferrous Industries Ltd (KFIL) announced its unaudited financial results for Q1 FY2027, reporting a 4% year-on-year increase in standalone and consolidated revenue to ₹1,771.5 Cr. The company's Profit After Tax (PAT) saw a significant decrease of 65%, standing at ₹82.3 Cr for the quarter. This performance was driven by strong momentum in Castings and Steel businesses, with volume growth of 18% and 13% respectively, attributed to robust demand in automotive and precision engineering sectors. The company faced headwinds from firm coking coal prices and a planned moderation in the tubes segment. KFIL highlighted its operational resilience and strategic focus on enhancing product mix and market reach, with plans to focus on cost leadership through green energy adoption and operational excellence.
Key Highlights
- Q1 FY27 revenue increased 4% YoY to ₹1,771.5 Cr.
- PAT declined 65% YoY to ₹82.3 Cr.
- Castings and Steel volumes grew 18% and 13% respectively.
- Navigated market challenges with focus on cost leadership and operational excellence.
- Previous year's numbers restated post merger of Oliver Engineering and Adicca Energy.
Price Impact
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