Kirlosker Industries' profit in second quarter rises 5% to ₹105 crore

According to a Business Standard report, Kirlosker Industries Limited (KIL) has reported a consolidated profit (PAT) of ₹105 crore in the second quarter ended September 2026, which is 5% higher compared to the same period last year. The company's consolidated profit in the same period last year was ₹100.1 crore.

According to the statement released by the company, its consolidated revenue in the second quarter increased from ₹1,790.1 crore to ₹2,097.7 crore.

Kirlosker Industries Managing Director George Verghese stated, "Our key subsidiary, Kirlosker Ferrous Industries Limited, is performing strongly during the year due to operational stability, optimal capacity utilization, and robust demand for products across various sectors."

Speaking about the real estate sector, he added that their wholly-owned subsidiary Avante Spaces Limited (ASL) is making good progress. He further stated that their important Kothrud project is progressing well, which strengthens their vision of creating premium and future-ready spaces that enhance value for stakeholders.

Kirlosker Industries Limited was the main investment company of the Kirlosker Group. The Kirlosker Group was one of India's oldest and most diversified business groups, with a legacy of over 135 years. KIL had made strategic investments in the group's portfolio companies in the engineering, manufacturing, and infrastructure sectors.