KOEL's Strong Q1 Results Drive Growth in Key Sectors

14 Aug 2023 CW Team

A leader in manufacturing engines, agricultural equipment, and generator sets, KOEL possesses a formidable presence in both domestic and international markets. The company achieved a 23.3% YoY revenue growth, reporting $12.65 bn in Q1FY24, compared to $9.53 bn in Q1FY23. The quarter also saw an enhancement in the EBITDA margin, rising from 10.8% to 12.1% YoY.

Confident in its trajectory, KOEL's management is poised to harness growth opportunities across pivotal sectors, including exports, infrastructure, and data centres. As a part of the esteemed Kirloskar Group, the company operates in a spectrum of domains such as internal combustion engines, generator sets, industrial solutions, pump sets, and more, catering to diverse business segments.

KOEL operates across three primary business verticals: B2B, involving power generation, industrial, distribution, aftermarket, and international business; B2C, including water management and agri-related businesses; and financial services (Arka Fincap as a separate entity). The burgeoning demand for generator sets, driven by manufacturing, realty, and infrastructure sectors, augments its prospects.

The company anticipates a buoyant market with sustained growth potential, owing to the expansion of data centres, 5G telecom, and the healthcare sector. With an eye on the future, KOEL embraces the government's emphasis on infrastructure development and evolving emission norms, bolstered by its own core competencies. KOEL is well-poised to leverage macroeconomic conditions, tap into export opportunities, and ensure a promising outlook as it strides into the upcoming year.

Kirloskar Oil Engines (KOEL) achieved a significant milestone as its shares surged to a record high of Rs 490.30, marking an impressive 11% rally on the BSE. The robust performance was fueled by the company's Q1FY24 financial report, showcasing a remarkable 60% surge in standalone net profit, amounting to Rs 103 crore. This accomplishment stands in contrast to the $650 mn net profit reported in the corresponding quarter of the previous year.A leader in manufacturing engines, agricultural equipment, and generator sets, KOEL possesses a formidable presence in both domestic and international markets. The company achieved a 23.3% YoY revenue growth, reporting $12.65 bn in Q1FY24, compared to $9.53 bn in Q1FY23. The quarter also saw an enhancement in the EBITDA margin, rising from 10.8% to 12.1% YoY.Confident in its trajectory, KOEL's management is poised to harness growth opportunities across pivotal sectors, including exports, infrastructure, and data centres. As a part of the esteemed Kirloskar Group, the company operates in a spectrum of domains such as internal combustion engines, generator sets, industrial solutions, pump sets, and more, catering to diverse business segments.KOEL operates across three primary business verticals: B2B, involving power generation, industrial, distribution, aftermarket, and international business; B2C, including water management and agri-related businesses; and financial services (Arka Fincap as a separate entity). The burgeoning demand for generator sets, driven by manufacturing, realty, and infrastructure sectors, augments its prospects.The company anticipates a buoyant market with sustained growth potential, owing to the expansion of data centres, 5G telecom, and the healthcare sector. With an eye on the future, KOEL embraces the government's emphasis on infrastructure development and evolving emission norms, bolstered by its own core competencies. KOEL is well-poised to leverage macroeconomic conditions, tap into export opportunities, and ensure a promising outlook as it strides into the upcoming year.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..