Iron & Steel Products company Kirloskar Ferrous Industries announced Q2FY25 results Standalone Financial Highlights: Revenue from operations at Rs 1,667.1 crore for Q2FY25 vs Rs 1,558.9 crore for Q2FY24; 7% increase YoY. EBITDA at Rs 195.4 crore for Q2FY25 vs Rs 255.6 crore for Q2FY24; 24% decrease YoY. EBITDA margin at 12% for Q2FY25 vs 16% for Q2FY24. PBT at Rs 115.1 crore for Q2FY25 vs Rs 171.8 crore for Q2FY24; 33% decrease YoY. PAT at Rs 84.9 crore for Q2FY25 vs Rs 87.2 crore for Q2FY24; 3% decrease YoY Consolidated Financial Highlights: Revenue from operations at Rs 1,666.0 crore for Q2FY25 vs Rs 1,559.7 crore for Q2FY24; 7% increase YoY. EBITDA at Rs 194.1 crore for Q2FY25 vs Rs 253.2 crore for Q2FY24; 23% decrease YoY. EBITDA margin at 12% for Q2FY25 vs 16% for Q2FY24. PBT at Rs 107.8 crore for Q2FY25 vs Rs 169.8 crore for Q2FY24; 37% decrease YoY. PAT at Rs 77.6 crore for Q2FY25 vs Rs 81.7 crore for Q2FY24; 5% decrease YoY. R.V.Gumaste, Managing Director, KFIL, said: "In Q2, we observed a 7% growth in revenue; however, profitability declined due to margin pressure across product lines. This quarter, we commenced trial run operations at Oliver Engineering, subsidiary located near Chandigarh, which will enhance our reach to customers in North India. The solar project in Jalna is progressing as well and expected to complete the remaining 35MW by end of November. We anticipate demand to pick up in the second half of the year, as early indications suggest an uptick in capital expenditure post-elections, particularly for steel and seamless pipes.” Result PDF