Kirloskar Oil Engines Limited (KOEL), a leading manufacturer of internal-combustion engines, generator sets and agricultural equipment with a strong global presence, has reported its best-ever quarterly performance for the second quarter and first half of FY 2025–26. The company announced its unaudited financial results for the period ending 31 March 2026.

Managing Director Gauri Kirloskar said KOEL had achieved a major milestone by surpassing Rs 15 billion in quarterly revenue for the first time and delivering its highest-ever first-half sales of Rs 30.27 billion. She noted that all standalone business segments recorded double-digit growth, driven by strong market demand, operational efficiency and innovation in engine and generator technology.

She also highlighted the company’s recently announced strategic restructuring of its B2C operations, transferred to wholly owned subsidiary La-Gajjar Machineries Private Limited via slump sale. The move aligns with KOEL’s long-term ambition to reach a USD 2 billion top line by 2030.

Q2 FY26 Standalone Financial Performance

Net sales: Rs 15.93 billion vs Rs 11.84 billion in Q2 FY25 (up 35 per cent)

EBITDA: Rs 2.14 billion vs Rs 1.48 billion (up 45 per cent)

EBITDA margin: 13.4 per cent vs 12.4 per cent

Net profit: Rs 1.41 billion vs Rs 980 million (up 44 per cent)

Cash and cash equivalents: Rs 4.75 billion* *Net of debt; includes treasury investments and excludes unclaimed dividends.

Q2 FY26 Consolidated Financial Performance

Revenue from continuing operations: Rs 19.48 billion vs Rs 14.99 billion (up 30 per cent)

Net profit from continuing operations: Rs 1.59 billion vs Rs 1.06 billion (up 51 per cent)

H1 FY26 Standalone Financial Performance

Net sales: Rs 30.27 billion vs Rs 25.18 billion (up 20 per cent)

EBITDA: Rs 4.05 billion vs Rs 3.23 billion (up 25 per cent)

EBITDA margin: 13.3 per cent vs 12.7 per cent

Net profit: Rs 2.64 billion vs Rs 2.15 billion (up 23 per cent)

H1 FY26 Consolidated Financial Performance

Revenue from continuing operations: Rs 37.12 billion vs Rs 31.30 billion (up 19 per cent)

Net profit from continuing operations: Rs 2.93 billion vs Rs 2.38 billion (up 23 per cent)

KOEL noted that previous-period figures exclude earlier reversals of provisions for overdue receivables. Full details are available in the notes to the unaudited financial results filed with stock exchanges.