Kirloskar Oil Engines Posts Record Q2 Results

13 Nov 2025 CW Team

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.

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.

Infrastructure Urban

04 Dec 2025

ISRO’s IMAT Success Boosts Readiness for Maiden Gaganyaan Mission

Union Minister of State for Science and Technology Dr Jitendra Singh informed Parliament that ISRO has achieved a key milestone in its preparations for India’s first human space mission with the successful completion of the Integrated Main Parachute Airdrop Test (IMAT). He said in the Lok Sabha that the test forms a central part of the qualification campaign for the Crew Module’s parachute-based deceleration system, one of the most vital elements in human-rating the mission.According to Dr. Jitendra Singh, the IMAT recreated one of the most demanding descent conditions by intentionally del..

Infrastructure Urban

04 Dec 2025

Gyanesh Kumar Takes Charge as Chair of International IDEA Council

Chief Election Commissioner of India Gyanesh Kumar has assumed the Chairship of the Council of Member States of the International Institute for Democracy and Electoral Assistance for 2026. The ceremony in Stockholm was also attended by India’s Ambassador to Sweden, Anurag Bhushan. India, a founding member of International IDEA, has long contributed to the organisation’s governance and global democratic dialogue, and the new Chairship signals broad recognition of the Election Commission of India as a trusted and innovative election management institution.During his visit, Kumar held discuss..

Infrastructure Energy

04 Dec 2025

Coal Mines Boost Local Growth and Support India’s Energy Self-reliance

The Magadh and Amrapali coal mines in Jharkhand are playing a pivotal role in strengthening India’s energy security, contributing nearly half of Central Coalfields Limited’s total coal production in 2024–25. Both mines support the broader goal of ensuring steady coal availability for the power sector under the vision of Aatmanirbhar Bharat. Magadh has estimated mineable reserves of 854.91 million tonnes, while Amrapali holds 456.34 million tonne. For FY 2025–26, the two are expected to generate net sales revenues of Rs 28.12 billion and Rs 23.67 billion respectively. Local development ..