Kirloskar Ferrous Industries Reports 17% Increase in Standalone Revenue for Q2 FY2027
New Delhi, October 31, 2026: Kirloskar Ferrous Industries Limited (KFIL) reported its unaudited standalone financial results for the second quarter of the financial year 2026-27, recording a 17 percent year-on-year increase in revenue to Rs 2,047 crore, according to a press release issued by the company.
The castings and pig iron manufacturer posted a standalone Profit Before Tax (PBT) of Rs 138 crore for the quarter ending September 30, 2026, marking a 15 percent growth compared to Rs 120 crore recorded in the corresponding period of the previous financial year. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) before exceptional items grew 4 percent year-on-year to Rs 223 crore, while Profit After Tax (PAT) stood at Rs 98 crore, up 10 percent from Rs 89 crore in Q2 FY2026.
Commenting on the performance, R.V. Gumaste, Managing Director, KFIL, said: “In Q2 FY 2026-27, KFIL maintained a good momentum, registering a 17% year on year revenue growth to INR 2,047 Crore and a 4% year on year increase in EBITDA to INR 223 Crore. This growth was anchored by optimized capacity utilization, highlighted by a record steel volume of 26,606 MT and a historic milestone as gross casting sales volume crossed the 50,000 MT mark. Our proactive cost management measures helped protect our margins, in spite of coking coal price increases and rupee depreciation. Favourable market demand signals are encouraging us to expand our steel and casting capacities. Going forward, our focus remains on leveraging our newly commissioned solar energy capacity and key expansion projects to further enhance our cost competitiveness.”
For the first half of the financial year (YTD FY27), standalone revenue reached Rs 3,818 crore, reflecting an 11 percent increase over Rs 3,453 crore in the previous year. Consolidated financial results mirrored standalone metrics for Q2 FY27, with revenue at Rs 2,047 crore and PBT at Rs 138 crore. Financial figures for previous quarters were restated following the merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with the company.
