Kirloskar Electric Company Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting
12-08-2025 | 03:03 pm
12-08-2025 | 03:03 pm
Kirloskar Electric has announced a board meeting on August 12, 2025. Q1 consolidated results show revenue at ₹132.24 Cr, profit after tax at ₹0.42 Cr, and EPS at ₹0.06. Mr. Ravi Ghai's directorship continuation past 75 will be put to shareholder vote. M/s. Rao, Murthy & Associates appointed as Cost Auditors for FY26. Merger of four subsidiaries is progressing, with next NCLT hearing in September. Company is monetizing Hubballi property for ₹95.12 Cr and ₹3 Cr, crucial for financial health. Auditors noted eroded net worth and qualified an opinion on subsidiary dues, but acknowledge management’s going concern plans.
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