Kirloskar Oil Engines Limited (KOEL) announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a significant 19% year-on-year growth in standalone net sales, reaching ₹1,722.5 crore. Consolidated revenue also saw a robust 17% YoY growth, crossing the ₹2,000 crore mark to stand at ₹2,257 crore for the quarter.
Kirloskar Oil Engines Announces Strong Q2 FY27 Financial Performance
Kirloskar Oil Engines Limited (KOEL) has announced its unaudited financial results for the second quarter and the half-year ended September 30, 2026. The company demonstrated robust growth across key financial metrics, underscoring its strong market position and business resilience.
Standalone Financial Highlights (Q2 FY27 vs Q2 FY26)
For the second quarter of the financial year 2027 (Q2 FY27), KOEL reported standalone net sales of ₹1,722.5 crore, marking an impressive 19% increase compared to ₹1,449.3 crore in the corresponding quarter of the previous year (Q2 FY26). Revenue from operations also grew by 19% to ₹1,739.0 crore. However, EBITDA saw a slight decrease of 6% to ₹191.1 crore, impacting the EBITDA margin to 11.0% from 14.0% in Q2 FY26. Net profit for the quarter declined by 14% to ₹115.2 crore, with the net profit margin at 6.6%.
Consolidated Financial Highlights (Q2 FY27 vs Q2 FY26)
On a consolidated basis, KOEL achieved revenue from operations of ₹2,284.0 crore in Q2 FY27, a 17% increase over ₹1,950.6 crore in Q2 FY26. Consolidated net profit, however, decreased by 18% to ₹130.3 crore, with the net profit margin standing at 5.7%.
Year-to-Date Performance (H1 FY27 vs H1 FY26)
For the first half of FY27 (H1 FY27), standalone net sales grew by 17% to ₹3,183.9 crore, and revenue from operations increased by 18% to ₹3,210.3 crore. EBITDA was ₹356.6 crore, a 5% decrease from H1 FY26. Net profit for H1 FY27 stood at ₹214.5 crore, a 12% decrease from the previous year.
Consolidated revenue from operations for H1 FY27 rose by 15% to ₹4,283.8 crore, while consolidated net profit saw a 18% decrease to ₹241.4 crore.
Management Commentary
Gauri Kirloskar, Vice Chairperson and Managing Director, expressed pride in achieving a milestone quarter with consolidated revenue of ₹2,257 crore, reflecting a 17% year-on-year growth. She highlighted the company’s resilience amidst global commodity inflation, driven by strong performances in Power Generation, Aftermarket, and international businesses. Strategic partnerships, including the global agreement with DEUTZ and the first commercial billing of KASPL, position KOEL to drive sustainable value.
Source: BSE
