Revenue growth of 35% year on year.
Standalone net profit# at ₹ 141 Crore, up by 44% year on year.
Bengaluru – November 12, 2025: Kirloskar Oil Engines Limited (KOEL) (BSE: 533293; NSE: KIRLOSENG), a leader in the manufacturing of internal combustion engines, generator sets and agricultural equipment, with a sizable presence in international markets, announced today its unaudited financial results for the second quarter and six months of the financial year ending March 31, 2026.
Commenting on the results, Gauri Kirloskar, Managing Director, Kirloskar Oil Engines, said ” Kirloskar Oil Engines Limited (KOEL) has delivered its best-ever performance in Q2 FY 26, marking a key milestone in the company’s growth journey. We crossed the ₹ 1,500 crore revenue mark for the first time in a quarter and achieved our highest-ever H1 sales of ₹ 3,027 crore. All segments within the standalone business recorded double-digit growth, reflecting our strong market position and operational excellence. The Power Generation Business Unit continued its robust performance, supported by our extensive distribution network, strong brand equity, and ongoing innovation in engine and generator technology.
On October 10th, we also announced a strategic restructuring of our B2C operations, transferring this business to our wholly owned subsidiary, La-Gajjar Machineries Private Limited, through a slump sale. This step strengthens our focus and aligns with our long-term strategic vision to reach a $2 billion top line by 2030. We are encouraged by the progress made and remain focused on executing our strategic priorities with discipline and consistency.”
Review of Q2 FY 26 Financial Performance (Standalone):
- Net sales at ₹ 1,593 Cr for Q2 FY 26 vs ₹ 1,184 Cr for Q2 FY 25; 35% increase Y-o-Y
- EBITDA# at ₹ 214 Cr for Q2 FY 26 vs ₹ 148 Cr for Q2 FY 25; 45% increase Y-o-Y
- EBITDA# margin at 13.4% for Q2 FY 26 vs 12.4% for Q2 FY 25
- Net profit# at ₹ 141 Cr for Q2 FY 26 vs ₹ 98 Cr for Q2 FY 25; 44% increase Y-o-Y
- Cash and cash equivalents* of ₹ 475 Cr
* Net of debt; includes treasury investments and excludes unclaimed dividends.
Review of Q2 FY 26 Financial Performance (Consolidated):
- Revenue from continuing operations at ₹ 1,948 Cr for Q2 FY 26 vs ₹ 1,499 Cr for Q2 FY 25; 30% increase Y-o-Y
- Net profit from continuing operations# at ₹ 159 Cr for Q2 FY 26 vs ₹ 106 Cr for Q2 FY 25; 51% increase Y-o-Y
Review of H1 FY 26 Financial Performance (Standalone):
- Net sales at ₹ 3,027 Cr for H1 FY 26 vs ₹ 2,518 Cr for H1 FY 25; 20% increase Y-o-Y
- EBITDA# at ₹ 405 Cr for H1 FY 26 vs ₹ 323 Cr for H1 FY 25; 25% increase Y-o-Y
- EBITDA# margin at 13.3% for H1 FY 26 vs 12.7% for H1 FY 25
- Net profit# at ₹ 264 Cr for H1 FY 26 vs ₹ 215 Cr for H1 FY 25; 23% increase Y-o-Y
Review of H1 FY 26 Financial Performance (Consolidated):
- Revenue from continuing operations at ₹ 3,712 Cr for H1 FY 26 vs ₹ 3,130 Cr for H1 FY 25; 19% increase Y-o-Y
- Net profit from continuing operations# at ₹ 293 Cr for H1 FY 26 vs ₹ 238 Cr for H1 FY 25; 23% increase Y-o-Y
