Kirloskar Oil Engines Posts Record Quarterly Sales

18 May 2026 CW Team

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.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Infrastructure Energy

05 Aug 2026

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Infrastructure Urban

05 Aug 2026

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..