Kirloskar Industries Limited — QIP/Rights/Pref., 10-02-2025: Allotment of Securities

The Board of Kirloskar Industries Limited has approved the financial results for the quarter and nine months ended December 31, 2024. Standalone revenue from operations stood at ₹14.49 Cr, with a profit before tax of ₹57.59 Cr. The consolidated results reported total income of ₹1,626.51 Cr, with a profit before tax amounting to ₹305.28 Cr. The company has allotted 1,780 equity shares following the exercise of stock appreciation rights, increasing the paid-up capital accordingly. Additionally, Mr. Akshay Sahni is set to be appointed COO, pending member approval, effective April 1, 2025.