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Kirloskar Ind is engaged in the business of Iron castings, Investments (Securities and Properties), Wind power generation and real estate.The Company owns lands, buildings, apartments and offices in Pune, New Delhi and Jaipur. The Co. has given most of these lands, buildings and offices on a lease and license basis to the group and other companies.
Kirloskar Ferrous sees strong Q1 casting sales (+18%) and pig iron production (+5%) but lower tube volumes. Significant capex underway: 35MW solar, 15,000 MT large casting foundry, and Rajpura expansion. New power regulations impact green energy savings. Management anticipates improved EBITDA and 15% overall volumetric growth, with FY capex around...
Kirloskar Ferrous Industries (KFIL) commenced operations of an additional 35 MW DC Solar Plant at Jalna, boosting total capacity to 105 MW DC. The ₹97 Cr project, funded by borrowing and internal accruals, is set to reduce power costs via captive consumption.
Kirloskar Ferrous Industries (KFIL), a Kirloskar Industries subsidiary, announced key board approvals. Shareholders reappointed Mr. Sathya Moorthy Venkataramani and appointed Mrs. Pallavi Pratap Gokhale as Independent Directors, strengthening its governance.
Kirloskar Ferrous Industries (KFIL), a key subsidiary, held an investor and analyst call to discuss its quarterly financial results. The audio recording of this call is now available on KFIL's website, offering insights into the company's recent performance.
Kirloskar Ferrous shareholders approved FY26 financial results and dividend payout. Significantly, the Board gained approval to raise up to ₹1,000 Cr via non-convertible debentures, enhancing future funding flexibility. Operations leadership maintains continuity.