Kirloskar Pneumatic Company (KPCL) reported revenue from operations of Rs 6.5 billion and a profit before tax (PBT) of Rs 940 million for the first half of FY26. The company recorded Rs 3.78 billion in revenue and Rs 570 million PBT for Q2 FY26, with a net profit after tax of Rs 430 million.

KPCL’s order book stood at Rs 16.67 billion as of 1 October 2025, up from Rs 16.24 billion at the start of the year. The compression business contributed around 91 per cent of total revenue during H1 FY26.

The company attributed lower profits to slower project execution and order finalisation but said it used the period to commercialise new IPs and strengthen manufacturing capabilities. It also launched the Tyche semi-hermetic compressor and achieved 100 installations of its Tezcatlipoca centrifugal compressor.

KPCL’s board has approved a Production Linked Incentive (PLI) Scheme application to enter the commercial air conditioning market, valued at over Rs 5,000 crore, with plans to set up a new facility within 18 months.