Kirloskar Ferrous FY26 profit up; income ₹6,951 cr

Board approves FY26 audited results

Kirloskar Ferrous Industries Limited (KFIL) announced its audited financial results for the quarter and year ended March 31, 2026, after its Board of Directors meeting on May 7, 2026. The release covered both standalone and consolidated financial statements for FY26 and the March 2026 quarter. The company reported year-on-year improvement in profit and income across both reporting bases. Alongside the financial results, KFIL disclosed financing activity completed during the quarter. It also referred to a proposed group restructuring step involving mergers, as described in the disclosure.

Consolidated FY26: profit rises, income increases

On a consolidated basis, KFIL reported net profit of ₹357.81 crore for FY26, compared with ₹294.04 crore in FY25. Total consolidated income for FY26 came in at ₹6,950.93 crore, up from ₹6,616.81 crore in the previous year. These figures indicate a higher full-year profit alongside a moderate increase in total income. For investors, the consolidated statement captures the overall group performance reported by the company for the year.

March quarter performance: stronger sequential profit

For the quarter ended March 31, 2026, KFIL posted consolidated profit of ₹123.10 crore on total income of ₹1,861.51 crore. The quarterly data table referenced in the filing also provided a comparison with December 2025 and March 2025. In the table, consolidated total revenue for the March 2026 quarter was shown at ₹1,861.51 crore versus ₹1,623.13 crore in December 2025 and ₹1,761.34 crore in March 2025. Operating profit for the March 2026 quarter was ₹224.56 crore, compared with ₹185.89 crore in December 2025 and ₹201.27 crore in March 2025. Net profit for the March 2026 quarter was ₹123.10 crore, compared with ₹53.32 crore in December 2025 and ₹92.33 crore in March 2025.

Standalone FY26: profit and income trend

On a standalone basis, KFIL reported FY26 profit of ₹375.59 crore, compared with ₹317.28 crore in FY25. Standalone total income was ₹6,861.89 crore in FY26 versus ₹6,628.60 crore in FY25. The standalone numbers show a year-on-year improvement on both profit and total income, as stated in the results summary.

Audit reports: unmodified opinion on results

KFIL’s statutory auditors issued an unmodified opinion on both the standalone and consolidated audited financial results. The auditors named in the disclosure were Kirtane & Pandit LLP and P G Bhagwat LLP. An unmodified opinion typically indicates that, in the auditors’ view, the financial statements present fairly the company’s results in line with applicable standards, based on the information reviewed in the audit process.

Working capital funding: ₹300 crore commercial papers

During the quarter ended March 31, 2026, the company raised ₹300 crore through commercial papers. The disclosure said the funds were raised for working capital requirements and general corporate purposes. Such short-term instruments are commonly used to manage near-term liquidity needs, especially around inventory cycles and receivables management in industrial businesses.

Proposed merger step: OEPL and AESPL to be absorbed

KFIL also referred to an approved scheme involving the merger by absorption of Oliver Engineering Private Limited (OEPL) and Adicca Energy Solutions Private Limited (AESPL) with Kirloskar Ferrous Industries Limited. The disclosure described the entities and merger structure. However, it did not provide a timeline, completion milestones, or any quantified estimate of financial impact.

Investor access: conference call audio and regulatory references

Kirloskar Industries Ltd stated on May 8, 2026 that its material subsidiary, KFIL, uploaded the audio recording of its investor conference call. The call addressed KFIL’s audited financial results for the quarter and the year ended March 31, 2026. The update also noted that specific financial figures were not included in that particular exchange filing. The filing further referenced an intimation document from KFIL to Kirloskar Industries linked to certain SEBI regulations.

Background: earlier merger of ISMT into KFIL

The broader corporate history in the provided material also references the merger of ISMT Limited into KFIL. The National Company Law Tribunal (NCLT), Mumbai sanctioned a Scheme of Arrangement and Merger on July 24, 2024. After filing with the Registrar of Companies, Pune on August 8, 2024, the scheme became operative effective from April 1, 2023 as the appointed date. In terms of the scheme, ISMT Limited stands merged into KFIL with effect from August 8, 2024.

Key financial snapshot (FY and quarter)

The table below summarises the main FY and quarterly figures explicitly stated in the provided text.

Consolidated quarterly comparison from the referenced table

The exchange table in the provided text includes quarter-on-quarter and year-on-year changes for select consolidated line items.

What investors may track next

Two themes stand out in the disclosures: the improvement in FY26 profitability and the March-quarter step-up in profit compared with December 2025, and the corporate actions referenced alongside the results. The commercial paper borrowing indicates an active approach to managing working capital and general corporate funding needs. Separately, the proposed merger by absorption of OEPL and AESPL is a structural development, but timelines and quantified impact were not provided in the text. Investors typically watch for subsequent filings that include scheme steps, approvals, and any detailed rationale or financial implications.

Conclusion

KFIL’s FY26 audited results show higher profit and higher total income on both standalone and consolidated bases, supported by a stronger March quarter on the consolidated numbers disclosed. The auditors issued unmodified opinions on the standalone and consolidated financial results. The company also raised ₹300 crore through commercial papers during the March 2026 quarter and referenced a proposed merger by absorption of OEPL and AESPL, with timelines and financial impact yet to be disclosed.