Kirloskar Industries Limited — Important, 13-08-2026: Updates

Kirloskar Ferrous sees strong Q1 casting sales (+18%) and pig iron production (+5%) but lower tube volumes. Significant capex underway: 35MW solar, 15,000 MT large casting foundry, and Rajpura expansion. New power regulations impact green energy savings. Management anticipates improved EBITDA and 15% overall volumetric growth, with FY capex around INR 600-700 Cr. Long-term, KFIL targets 3 lakh MT casting & 4 lakh MT tube sales.