
Kirloskar Industries Reports Q1 Results; Appoints Sandeep Gokhale as Independent Director
Kirloskar Industries Limited has released its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company also announced key governance updates, including the appointment of Mr. Sandeep Gokhale as an Additional Non-Executive Director and details regarding the allotment of Equity Settled Stock Appreciation Rights (ESARs).The Board of Directors approved the Q1 results in its meeting held on August 12, 2026. Concurrently, the company increased its paid up share capital following the ESAR exercise. The capital moved from 1,05,09,372 equity shares of <=10 each (aggregating to <10,50,93,720) to 1,05,09,580 equity shares of <=10 each, totaling <10,50,95,800.
Governance and Appointments
The Board meeting also saw the appointment of Mr. Sandeep Gokhale as an Additional Non-Executive Director in the capacity of Independent Director, effective September 1, 2026, for a first term of five consecutive years, pending member approval.Mr. Gokhale is profiled as a seasoned corporate strategist and project finance expert, possessing nearly 40 years of experience across engineering, financial services, and natural resources sectors. He holds both a Bachelor of Engineering (Electrical) degree and an MBA in Finance. His professional background includes roles at Siemens Limited and Sterlite Industries, and he previously served as Group President Business Development at JSW Group from 2009 to March 2022.
Mr. Gokhale currently serves on the boards of Raja Bahadur International Limited (Independent Director), Avante Spaces Limited (Additional Director), and JSW Realty Private Limited (Director).
Q1 2026 Financial Performance Highlights
The company reported strong revenue performance across both standalone and consolidated segments for the quarter ending June 30, 2026.Standalone Results Summary (Q ended June 30, 2026):
Total Income stood at 16.68 Crores. Profit before tax from continuing operations was 9.82 Crores. Total Tax Expense for continuing operations was 2.70 Crores, resulting in a Profit after tax of 7.19 Crores.
Consolidated Results Summary (Q ended June 30, 2026):
Total Revenue from Operations reached 1,779.15 Crores. Total Income for the quarter was 1,798.66 Crores. The company reported a Profit before tax from continuing operations of 134.30 Crores. Total Tax Expense for continuing operations amounted to 25.77 Crores, leading to a profit after tax of 79.20 Crores.
Segmental Revenue and Results (Consolidated)
The consolidated segment-wise results show diversified performance across various business units:| Segment | Revenue from Operations (in Crores) | Profit/Loss Before Tax and Interest (in Crores) |
|---|---|---|
| Investments (Securities & Properties) | 16.68 | 2.86 |
| Real Estate | (2.77) | (2.77) |
| Iron Casting | 121.20 | 121.20 |
| Tube | 40.61 | 40.61 |
| Steel | 0.21 | 0.21 |
| Unallocable | 1.86 | 1.86 |
| Total | 2,263.00 | 163.97 |
Financial Status Snapshot
The financial tables provide a detailed look at the company's standing across the reported periods:Standalone Financial Results (in Crores)
| Particulars | Q Ended 30/06/2026 (Unaudited) | Q Ended 31/03/2026 (Audited) | Q Ended 30/06/2025 (Unaudited) | Q Ended 31/03/2026 (Audited) |
|---|---|---|---|---|
| Total Income (1+2) | 16.68 | 42.38 | 14.91 | 127.00 |
| Profit before tax from continuing operations | 9.82 | 28.26 | 10.07 | 95.49 |
| Total Profit after Tax for the period | 7.19 | 23.31 | 7.94 | 77.01 |
| Paid up Equity Share Capital (Face Value of <=10 each) | 10.51 | 10.51 | 10.42 | 10.51 |
Consolidated Financial Results (in Crores)
| Particulars | Q Ended 30/06/2026 (Unaudited) | Q Ended 31/03/2026 (Audited) | Q Ended 30/06/2025 (Unaudited) | Q Ended 31/03/2026 (Audited) |
|---|---|---|---|---|
| Total Revenue from Operations | 1,779.15 | 1,827.41 | 1,705.46 | 6,938.74 |
| Profit before tax from continuing operations | 134.30 | 163.29 | 132.57 | 515.60 |
| Total Profit after Tax for the period | 78.75 | 112.93 | 238.34 | 503.18 |
| Paid up Equity Share Capital (Face Value of <=10 each) | 10.51 | 10.51 | 10.42 | 10.51 |
KIRLOSIND Stock Price Movement
As of 2:48 PM, shares of Kirloskar Industries Limited are slipping by 0.12% in live trading, currently standing at ₹3718. The stock records a traded volume of 65,989 shares as the market continues its session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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