Kirloskar Oil Engines Posts Record Quarterly Sales
OIL & GAS

Kirloskar Oil Engines Posts Record Quarterly Sales

Kirloskar Oil Engines Limited reported its highest-ever standalone quarterly sales of 15.22 billion (bn) for the fourth quarter, a 24 per cent year-on-year increase, and full-year net sales of 56.04 billion (bn) for fiscal 2026, representing 25 per cent annual growth. The company also recorded consolidated revenue of 21.16 billion (bn) for the quarter and 77.01 billion (bn) for the year, and announced audited financial statements for the period ending 31 March 2026.

Standalone earnings before interest, tax, depreciation and amortisation were 1.93 billion (bn) in the quarter and 7.37 billion (bn) for the year, with standalone EBITOA margin at 13.1 per cent for the year. Standalone net profit for the quarter stood at 1.18 billion (bn), up 28 per cent year-on-year, while consolidated profit after tax was 1.62 billion (bn) for the quarter and 5.82 billion (bn) for the year.

The company indicated that Powergen achieved market-share gains across low, medium and high horsepower segments and that the industrial business built momentum in marine, railways and construction through expanded applications and deeper OEM engagement. Management said Kirloskar Care began to gain traction through improved service penetration and entry into whole goods, and that restructuring of the Fluid Dynamics business aimed to drive efficiency while broadening the product portfolio.

The board proposed a total dividend of 350 per cent for fiscal 2026, comprising a final dividend of 225 per cent equivalent to Rs 4.50 per share subject to shareholder approval, plus an interim dividend of 125 per cent equivalent to Rs 2.50 per share. Cash and cash equivalents were reported at 5.52 billion (bn) and net debt includes treasury investments.

The company noted that its sustained focus on international markets yielded faster growth in exports and that the slump sale of the Business to Customer operations to a wholly owned subsidiary has been presented as discontinued operations in the standalone accounts with no impact on consolidated results. Management reiterated its commitment to disciplined, profitable growth and to its transformation objectives.

Kirloskar Oil Engines Limited reported its highest-ever standalone quarterly sales of 15.22 billion (bn) for the fourth quarter, a 24 per cent year-on-year increase, and full-year net sales of 56.04 billion (bn) for fiscal 2026, representing 25 per cent annual growth. The company also recorded consolidated revenue of 21.16 billion (bn) for the quarter and 77.01 billion (bn) for the year, and announced audited financial statements for the period ending 31 March 2026. Standalone earnings before interest, tax, depreciation and amortisation were 1.93 billion (bn) in the quarter and 7.37 billion (bn) for the year, with standalone EBITOA margin at 13.1 per cent for the year. Standalone net profit for the quarter stood at 1.18 billion (bn), up 28 per cent year-on-year, while consolidated profit after tax was 1.62 billion (bn) for the quarter and 5.82 billion (bn) for the year. The company indicated that Powergen achieved market-share gains across low, medium and high horsepower segments and that the industrial business built momentum in marine, railways and construction through expanded applications and deeper OEM engagement. Management said Kirloskar Care began to gain traction through improved service penetration and entry into whole goods, and that restructuring of the Fluid Dynamics business aimed to drive efficiency while broadening the product portfolio. The board proposed a total dividend of 350 per cent for fiscal 2026, comprising a final dividend of 225 per cent equivalent to Rs 4.50 per share subject to shareholder approval, plus an interim dividend of 125 per cent equivalent to Rs 2.50 per share. Cash and cash equivalents were reported at 5.52 billion (bn) and net debt includes treasury investments. The company noted that its sustained focus on international markets yielded faster growth in exports and that the slump sale of the Business to Customer operations to a wholly owned subsidiary has been presented as discontinued operations in the standalone accounts with no impact on consolidated results. Management reiterated its commitment to disciplined, profitable growth and to its transformation objectives.

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