Results - Announcements
Kirloskar Electric Company Ltd share price ticked higher by 2.29% to Rs 111.55 after the company's net profit witnessed a sharp fall of 199.83% to Rs 5.98 crore, while revenue from operations gained significantly 58.34% to Rs 164.44 crore in Q2FY27 over Q2FY26.
The market capitalization of Other Electrical Equipment industry group stocks on BSE stood at Rs 3.55 lakh crore, easing 0.87%. It has softened by 0.37% over last one week and declined by 10.87% in last one month while the market capitalization of Kirloskar Electric Company Ltd has inched up 7.67% and 18.12% in the same period respectively.
Profit before tax (PBT) of Kirloskar Electric Company Ltd stood at Rs 5.99 crore in Q2 FY27, plunging by 39.98% year-on-year, and tumbling by 200.67% quarter-on-quarter. EBITDA came in at Rs 9 crore, nosediving by 294.02% YoY and tanking 964.76% sequentially.
Total expenses soared by 46.96% to Rs 154.65 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 120.96 crore, witnessing a sharp rise of 49.65% YoY, while employee benefits expense was at Rs 19.71 crore, ticking higher by 0.97% YoY.
For FY26, revenue from operations inched higher 8.37% to Rs 589.34 crore, while net profit surged by 124.06% to Rs 8.38 crore, compared to previous FY. EBITDA jumped by 620% to Rs 24.47 crore, and PBT surged 117.54% to Rs 8.68 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 25.42 crore in FY26, as against Rs 35.77 crore in FY25.
Kirloskar Electric Company Ltd slipped 3.08% in last one year, performing in line with the benchmark BSE Sensex which has softened by 2.74% during the same period.