Kirloskar Industries Limited — Others, 01-07-2025: Appointment

Kirloskar Industries Limited has announced a board meeting to consider the financial results for the quarter and half-year. The Board has approved the audited standalone and consolidated financial results for the year ended March 31, 2025, with Kirtane & Pandit LLP issuing an unmodified audit opinion. The Board has approved a final dividend of ₹13 per equity share, subject to shareholder approval. The company issued 3,425 shares under its Employee Stock Appreciation Rights Plan, increasing the share capital. Mr. George Verghese has joined as Managing Director for five years, while Ms. Pallavi Gokhale has joined as an Additional Independent Director for five years. M.J. Risbud & Co. has been appointed as Secretarial Auditor for five years. The standalone profit after tax was ₹102.28 Cr for FY25, while consolidated profit after tax stood at ₹308.22 Cr. Exceptional gains of ₹6.10 Cr (standalone) and ₹12.24 Cr (consolidated) arose from reversal of ESAR charges due to a director’s retirement. The group reported increased consolidated income to ₹6,678 Cr and a total comprehensive income of ₹1,436 Cr, reflecting strong operational performance across its segments including Investments, Real Estate, Iron Casting, Tube, and Steel.