Kirloskar Electric Company Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Kirloskar Electric has announced a board meeting on May 28, 2025, approving the audited consolidated financial results for the quarter and year ended March 31, 2025. Consolidated revenue was Rs 543.82 Cr, with a profit after tax of Rs 3.74 Cr for the year. The company faced pressure on consolidated net worth but has cleared all term loans restructured under the Joint Lender Forum. Management is working on monetizing immovable property in Hubballi to boost working capital. The merger of wholly-owned subsidiaries is underway, with NCLT approvals in progress.