However, revenue from operation gained 6.81% to Rs 1,666.02 crore in Q2 FY25 as compared to Rs 1,559.69 crore posted in the same period last year. Profit before tax was at Rs 107.80 crore in the second quarter of FY25, down 18.99% as against Rs 133.08 crore in Q2 FY24. The firm reported exceptional loss of Rs 36.73 crore during the second quarter of FY24. EBITDA stood at Rs 194.1 crore, registering the de-growth of 23.34% as compared with Rs 253.2 crore posted in same quarter last year. EBITDA margin reduced to 12% in Q2 FY25 as against 16% in Q2 FY24. On half year basis, the company's net profit declined 15.58% to Rs 147.38 crore in Q2 FY25 as against Rs 174.59 crore posted in Q2 FY24. Revenue from operations was at Rs 3,219.68 crore in Q2 FY25, jumped 5.14% year on year. R.V.Gumaste, MD, KFIL, said In Q2, we observed a 7% growth in revenue; however, profitability declined due to margin pressure across product lines. This quarter, we commenced trial run operations at Oliver Engineering, subsidiary located near Chandigarh, which will enhance our reach to customers in North India. The solar project in Jalna is progressing as well and expected to complete the remaining 35MW by end of November. We anticipate demand to pick up in the second half of the year, as early indications suggest an uptick in capital expenditure post-elections, particularly for steel and seamless pipes.' Kirloskar Ferrous Industries is one of India's largest castings and pig iron manufacturers. The company caters to various industry sectors, such as tractors, automobiles and diesel engines.Powered by Capital Market - Live

Net profit of Kirloskar Ferrous Industries declined 4.92% to Rs 77.64 crore in the quarter ended September 2024 as against Rs 81.66 crore during the previous quarter ended September 2023. Sales rose 6.82% to Rs 1666.02 crore in the quarter ended September 2024 as against Rs 1559.69 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1666.021559.69 7 OPM %11.6516.24 - PBDT170.87226.85 -25 PBT107.80169.81 -37 NP77.6481.66 -5 Powered by Capital Market - Live

Kirloskar Ferrous Industries has allotted 49,855 equity shares under ESOS on 06 November 2024. Consequently, the issued, subscribed and paid-up share capital of the Company stands increased to Rs 82,27,97,215 comprising of 16,45,59,443 equity shares of Rs 5 each. Powered by Capital Market - Live

Kirloskar Ferrous Industries will hold a meeting of the Board of Directors of the Company on 6 November 2024Powered by Capital Market - Live

Kirloskar Ferrous Industries announced that the Annual General Meeting (AGM) of the company will be held on 24 September 2024.Powered by Capital Market - Live

Net profit of Kirloskar Ferrous Industries declined 5.76% to Rs 69.75 crore in the quarter ended June 2024 as against Rs 74.01 crore during the previous quarter ended June 2023. Sales rose 3.41% to Rs 1553.66 crore in the quarter ended June 2024 as against Rs 1502.47 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1553.661502.47 3 OPM %12.0113.80 - PBDT159.27182.62 -13 PBT98.50135.94 -28 NP69.7574.01 -6 Powered by Capital Market - Live

Kirloskar Ferrous Industries has allotted 2,49,04,259 equity shares of Rs 5 each to equity shareholders of ISMT pursuant to scheme of arrangement and merger of ISMT with Kirloskar Ferrous Industries. Consequently, the issued, subscribed and paid-up share capital of the Company stands increased to Rs 82,18,37,165 comprising of 16,43,67,433 equity shares of Rs 5 each. Powered by Capital Market - Live

Kirloskar Ferrous Industries announced that the Board of Directors of the Company at its meeting held on 9 August 2024, has recommended a Final dividend of Rs.2.50 per share (i.e.50%), subject to the approval of the shareholders.Powered by Capital Market - Live

Kirloskar Ferrous Industries will hold a meeting of the Board of Directors of the Company on 9 August 2024.Powered by Capital Market - Live

Kirloskar Ferrous Industries announced that the Annual General Meeting (AGM) of the company will be held on 1 August 2024.Powered by Capital Market - Live