Kirloskar Industries Limited — Important, 21-05-2025: Updates

Kirloskar Ferrous posted higher production and sales across segments, with pig iron volumes up 22% YoY and tubes close to 2 lakh tons capacity. Despite 6-8% lower sales realizations due to commodity pricing, castings grew 10% in value with stable pricing. Power and fuel costs dropped about 2%, boosted by solar and coal injection efficiencies. FY25 EBITDA edged down on pricing pressure but showed Q4 margin recovery. A ₹500-600 Cr capex targets steel plant upgrades, renewables, and debottlenecking. Growth is supported by steady tractor demand, casting ramp-up, and recovering oil & gas tube orders.