Iron & Steel Products company Kirloskar Ferrous Industries announced Q1FY26 results Revenue from operations at Rs 1,698.1 crore for Q1FY26 vs Rs 1,553.7 crore for Q1FY25; 9% increase YoY. EBITDA at Rs 216.9 crore for Q1FY26 vs Rs 187.0 crore for Q1FY25; 16% increase YoY. EBITDA margin at 12.8% for Q1FY26 vs 12.0% for Q1FY25. PBT at Rs 127.2 crore for Q1FY26 vs Rs 98.5 crore for Q1FY25; 29% increase YoY. PAT at Rs 95.1 crore for Q1FY26 vs Rs 69.7 crore for Q1FY25; 36% increase YoY. R.V.Gumaste, Managing Director, KFIL, said: “Q1FY26 has been a good start for KFIL, with standalone revenue growing by 8% YoY to Rs 1,685 crore and net profit increased by 27% to Rs 96 crore. This performance reflects the steady recovery in demand from the tractor sector, iron and steel sector supported by improved sentiment and easing supply constraints. During the quarter, we proposed the merger of our wholly owned subsidiaries—Oliver Engineering and Adicca Energy Solutions—into KFIL, a step aimed at simplifying our structure and enhancing operational synergies. We were also declared the preferred bidder in the electronic auction for the Jambunatha ironore mine in Karnataka, a strategic move to strengthen our raw material security. These developments reinforce our commitment to long-term value creation, operational excellence, and sustainable growth.” Result PDF
Iron & Steel Products company Kirloskar Ferrous Industries announced Q4FY25 & FY25 results Consolidated Q4FY25 Financial Highlights: Revenue from operations at Rs 1,737.0 crore for Q4FY25 vs Rs 1,535.9 crore for Q4FY24; 13% increase YoY EBITDA at Rs 201.3 crore for Q4FY25 vs Rs 165.1 crore for Q4FY24; 22% increase YoY EBITDA margin at 11.6% for Q4FY25 vs 10.7% for Q4FY24 PBT at Rs 123.7 crore for Q4FY25 vs Rs 62.6 crore for Q4FY24; 98% increase YoY PAT at Rs 92.3 crore for Q4FY25 vs Rs 17.7 crore for Q4FY24; 421% increase YoY Consolidated FY25 Financial Highlights: Revenue from operations at Rs 6,564.2 crore for FY25 vs Rs 6,146.3 crore for FY24; 7% increase YoY EBITDA at Rs 756.2 crore for FY25 vs Rs 862.6 crore for FY24; 12% decrease YoY EBITDA margin at 11.5% for FY25 vs 14.0% for FY24 PBT at Rs 408.5 crore for FY25 vs Rs 516.2 crore for FY24; 21% decrease YoY PAT at Rs 294.0 crore for FY25 vs Rs 297.7 crore for FY24; 1% decrease YoY Standalone Q4FY25 Financial Highlights: Revenue from operations at Rs 1,736.2 crore for Q4FY25 vs Rs 1,532.3 crore for Q4FY24; 13% increase YoY EBITDA at Rs 198.5 crore for Q4FY25 vs Rs 181.2 crore for Q4FY24; 10% increase YoY EBITDA margin at 11.4% for Q4FY25 vs 11.8% for Q4FY24 PBT at Rs 127.7 crore for Q4FY25 vs Rs 85.9 crore for Q4FY24; 49% increase YoY PAT at Rs 95.6 crore for Q4FY25 vs Rs 44.2 crore for Q4FY24; 116% increase YoY Standalone FY25 Financial Highlights: Revenue from operations at Rs 6,566.3 crore for FY25 vs Rs 6,133.9 crore for FY24; 7% increase YoY EBITDA at Rs 757.9 crore for FY25 vs Rs 867.7 crore for FY24; 13% decrease YoY EBITDA margin at 11.5% for FY25 vs 14.1% for FY24 PBT at Rs 432.1 crore for FY25 vs Rs 533.5 crore for FY24; 19% decrease YoY PAT at Rs 317.3 crore for FY25 vs Rs 321.6 crore for FY24; 1% decrease YoY Commenting on the Q4FY25 results, R.V.Gumaste, Managing Director, KFIL, said “We are pleased to share our full-year financial performance. The year brought its share of challenges, particularly due to rising input commodity costs and lower realisations across all product lines. Despite these headwinds, our focus on cost discipline and operational efficiencies helped us to mitigate the impact on margins, which could have otherwise been higher. On the revenue front, we recorded a year-on-year growth of 7%, largely driven by increased volumes compared to the previous year. Notably, the macroeconomic environment showed signs of recovery in the last quarter, providing some tailwinds for the business. With the mines becoming operational, we are better positioned to manage input-related risks in respect of Iron ore in the quarters ahead. A key milestone this year was commissioning of solar power plant at Jalna, reflecting our commitment for sustainable and cleaner energy solutions. Both initiatives have helped in bringing cost efficiencies during the fourth quarter. All major projects are progressing as planned, and we look forward to realizing their benefits in the coming years.” Result PDF
Iron & Steel Products company Kirloskar Ferrous Industries announced Q3FY25 results Revenue from operations at Rs 1,609.3 crore for Q3FY25 vs Rs 1,544.6 crore for Q3FY24; 4% increase YoY. EBITDA at Rs 176.6 crore for Q3FY25 vs Rs 216.0 crore for Q3FY24; 18% decrease YoY. EBITDA margin at 11% for Q3FY25 vs 14% for Q3FY24. PBT at Rs 85.0 crore for Q3FY25 vs Rs 136.5 crore for Q3FY24; 38% decrease YoY. PAT at Rs 61.2 crore for Q3FY25 vs Rs 94.0 crore for Q3FY24; 35% decrease YoY. R.V.Gumaste, Managing Director, KFIL, said: "We had a stable third quarter at KFIL, with revenue increasing by 4% YoY. However, margins remained under pressure due to lower realizations on Pig Iron and Steel. In our casting and tube business, we are beginning to see early signs of recovery. During the quarter, we commissioned oxygen enrichment, enabling increased utilization of pulverized coal, which reduces coke consumption thereby enhancing productivity. This quarter also marked the commencement of mining operations with an annual permitted capacity of 1.24 Lakh MT, reinforcing our vision of an integrated business model—ranging from mines to machined castings and mines to seamless tubes. Additionally, we commissioned Phase II of the Jalna Solar Power Project, bringing our total capacity to 69 MW DC at Jalna. This milestone is a significant step in our sustainability efforts, strengthening our commitment to responsible business operations." Result PDF
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
Iron & Steel Products company Kirloskar Ferrous Industries announced Q1FY25 results: Standalone: Revenue from operations at Rs 1,553.7 crore for Q1FY25 vs Rs 1,498.0 crore for Q1FY24; 4% increase YoY EBITDA at Rs 186.9 crore for Q1FY25 vs Rs 210.3 crore for Q1FY24; 11% decrease YoY EBITDA margin at 12.0% for Q1FY25 14.0% for Q1FY24 PBT at Rs 104.3 crore for Q1FY25 vs Rs 139.2 crore for Q1FY24; 25% decrease YoY PAT at Rs 75.6 crore for Q1FY25 vs Rs 96.2 crore for Q1FY24; 21% decrease YoY Consolidated: Operating revenue at Rs 1,553.7 crore for Q1FY25 vs Rs 1,502.5 crore for Q1FY24; 3% increase YoY EBITDA at Rs 186.6 crore for Q1FY25 vs Rs 207.4 crore for Q1FY24; 10% decrease YoY EBITDA margin at 12.0% for Q1FY25 vs 13.8% for Q1FY24 PBT at Rs 98.5 crore for Q1FY25 vs Rs 135.9 crore for Q1FY24; 28% decrease YoY PAT at Rs 69.7 crore for Q1FY25 vs Rs 92.9 crore for Q1FY24; 25% decrease YoY Commenting on the Q1 FY 2025 results, R.V.Gumaste, Managing Director, KFIL, said "Today, we announced the first quarterly results of the merged entity and extend our gratitude to all stakeholders for their unwavering support in completing the merger process. The first quarter was challenging, marked by lower demand for most of our products and continued margin pressures. However, following Q1, we have observed improved demand for castings and tubes. We look forward to catch up with the volume for FY25. This quarter, we successfully commissioned the first phase of our solar plant at Jalna." Result PDF