Kirloskar Ferrous Industries Ltd — Important, 05-08-2026: Company Update
05-08-2026 | 11:08 pm
05-08-2026 | 11:08 pm
Kirloskar Ferrous Industries announced its financial results for the first quarter of FY2027, reporting standalone and consolidated revenue of 1,771.5 Cr, a 4% increase year-on-year. Net profit, however, saw a 65% decrease, settling at 82.3 Cr. Management highlighted operational resilience with strong volume growth in Castings (18%) and Steel (13%), driven by robust automotive and precision engineering demand. Despite challenges like firm coking coal prices, the company continues its strategic focus on enhancing product mix and expanding market reach, with future efforts aimed at cost leadership and capacity enhancements.
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