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Kirloskar Electric Company LimitedBoard Meeting, 12-08-2025: Outcome of Board Meeting

12-08-2025 | 03:03 pm

Kirloskar Electric Company's board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations was ₹132.24 crore, with a profit after tax of ₹0.42 crore, resulting in an EPS of ₹0.06. The board approved the continuation of Independent Director Mr. Ravi Ghai beyond age 75, pending shareholder approval. M/s. Rao, Murthy & Associates were appointed as Cost Auditors for FY26. The company's net worth is eroded, but it continues as a going concern, relying on ongoing asset monetization efforts, including the pending sale of a 31-acre property in Hubballi for ₹95.12 crore, to improve working capital.

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