KIRLOSKAR OIL ENGINES LTD.
P&L
Quarterly Consolidated
vs Q2 FY25
Kirloskar Oil Engines Reports 3% Growth in Sales for Q3 FY 2025, EBITDA Margin at 10%
11 Feb 2025 · 11 Feb 2025, 10:19 pm
Summary
Kirloskar Oil Engines Limited (KQEL), a leader in the manufacturing of internal combustion engines, agricultural equipment, and generator sets, announced its unaudited financial results for the third quarter and nine months of the financial year ending March 31, 2025. The company reported a 3% increase in net sales for the standalone business, with the EBITDA margin standing at 10% for the quarter. The B2B segment grew by 3%, while the B2C segment declined by 14%. The demand from infrastructure and construction sectors continues to stay strong, and the company has successfully transitioned to BS V on the Industrial business.
Key Highlights
- 1
3% growth in sales for the standalone business in Q3 FY 2025
- 2
EBITDA margin at 10% for the quarter
- 3
B2B segment grew by 3% and B2C segment declined by 14%
- 4
Successful transition to BS V on the Industrial business
- 5
Strong demand from infrastructure and construction sectors
Management Comments
Gauri Kirloskar
This quarter was a subdued quarter for KOEL with multiple headwinds. On the B2B side, as expected, we faced muted demand in our Powergen business post the emission norms transition. On the B2C side, we have successfully completed the consolidation of 5 plants into 1, which saw some impact on production. The B2B segment grew by 3% while the B2C segment declined by 14%. The demand from infrastructure and construction sectors continues to stay strong and we have also seen a successful transition to BS V an the Industrial business. We will stay watchful of the trends developing in the power generation market and expect that demand will return to earlier levels in the next couple of quarters.”
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