KFIL Reports Q1 FY27 Results: Revenue Up 4% to ₹1,771 Cr
Kirloskar Ferrous Industries Limited (KFIL), a subsidiary of Kirloskar Industries Ltd, has announced its unaudited financial results for the first quarter of FY2027. The company reported a 4% year-on-year increase in standalone revenue, reaching ₹1,771.5 crore. This growth was driven by strong performance in the Castings and Steel businesses, with volume increases of 18% and 13% respectively, attributed to robust demand in the automotive and precision engineering sectors. Despite headwinds from coking coal prices and a planned moderation in the tubes segment, KFIL's Managing Director highlighted operational resilience and strategic focus on product mix and market expansion. Standalone Profit After Tax (PAT) saw a significant decrease of 65% to ₹82.3 crore, impacted by prior year restatements due to mergers. Consolidated PAT also decreased by 65% to ₹82.3 crore.
Key Highlights
- Standalone revenue grew 4% YoY to ₹1,771.5 Cr in Q1 FY27.
- Castings and Steel businesses saw volume growth of 18% and 13%.
- Standalone PAT declined 65% YoY to ₹82.3 Cr.
- Merger of Oliver Engineering and Adicca Energy impacted prior year figures.
- Focus on cost leadership and operational excellence for future growth.
Price Impact
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