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Castings & Forgings
Quarterly Result31 Oct 2026, 09:31 pm

KFIL Q2 FY27 Revenue Up 17% to ₹2,047 Cr, PBT Rises 15%

AI Summary

Kirloskar Ferrous Industries Limited (KFIL), a subsidiary of Kirloskar Industries Ltd, announced its unaudited financial results for the second quarter of FY2027. Standalone revenue increased by 17% year-on-year to ₹2,047 Crore, with Profit Before Tax (PBT) growing by 15% to ₹138 Crore. EBITDA also saw a 4% increase year-on-year to ₹223 Crore. The company highlighted strong performance driven by optimized capacity utilization, record steel volumes, and crossing the 50,000 MT mark in gross casting sales. Proactive cost management measures helped maintain margins despite rising coking coal prices and rupee depreciation. KFIL plans to expand steel and casting capacities and leverage its new solar energy capacity for cost competitiveness. Consolidated revenue also rose 17% to ₹2,047 Crore, with PBT increasing by 15% to ₹199 Crore. The results reflect the impact of the merger with Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited, with prior year numbers restated.

Key Highlights

  • Q2 FY27 standalone revenue grew 17% YoY to ₹2,047 Cr.
  • PBT increased 15% YoY to ₹138 Cr for Q2 FY27.
  • EBITDA rose 4% YoY to ₹223 Cr, with record steel and casting volumes.
  • Company plans capacity expansion in steel and casting segments.
  • Consolidated revenue also up 17% YoY to ₹2,047 Cr.