Kirloskar Ferrous Q2 FY27 results: revenue Rs 2,046.68 cr, PAT Rs 97.54 cr

What the numbers show

• Net margin was 4.77% of revenue, down 27 bps from 5.04%.
• Cost of materials accounted for Rs 145.66 cr of the Rs 288.40 cr rise in total expenses (50%).
• Cost of materials took 56.7% of revenue, against 57.8% a year earlier.

Key consolidated numbers (statement of financial results)

• Revenue from operations: Rs 2,046.68 cr (Q2 FY26: Rs 1,755.32 cr)
• Other income: Rs 19.34 cr (Q2 FY26: Rs 4.43 cr)
• Total income (1+2): Rs 2,066.02 cr (Q2 FY26: Rs 1,759.75 cr)
• Cost of materials consumed: Rs 1,159.75 cr (Q2 FY26: Rs 1,014.09 cr)
• Purchase of stock-in-trade: Rs - (Q2 FY26: Rs 14.48 cr)
• Changes in inventories of finished goods, work-in-progress and stock-in-trade: Rs 20.81 cr (Q2 FY26: Rs (59.35) cr)
• Employee benefits expense: Rs 108.97 cr (Q2 FY26: Rs 97.11 cr)
• Finance costs: Rs 34.01 cr (Q2 FY26: Rs 32.59 cr)
• Depreciation and amortisation expense: Rs 70.56 cr (Q2 FY26: Rs 66.38 cr)
• Other expenses: Rs 534.17 cr (Q2 FY26: Rs 474.57 cr)
• Total expenses: Rs 1,928.27 cr (Q2 FY26: Rs 1,639.87 cr)
• Profit before exceptional items and tax: Rs 137.75 cr (Q2 FY26: Rs 119.88 cr)
• Exceptional items: Rs - (Q2 FY26: Rs -)
• Profit before tax: Rs 137.75 cr (Q2 FY26: Rs 119.88 cr)
• Total tax expense: Rs 40.21 cr (Q2 FY26: Rs 31.34 cr)
• Profit for the period (PAT): Rs 97.54 cr (Q2 FY26: Rs 88.54 cr)
• Other comprehensive income: Rs (14.61) cr (Q2 FY26: Rs (1.49) cr)
• Total comprehensive income: Rs 82.93 cr (Q2 FY26: Rs 87.05 cr)
• Paid-up equity share capital: Rs 82.58 cr (Face value of Rs 5 each) (Q2 FY26: Rs 82.37 cr)
• Earnings per share (basic, not annualised): Rs 5.91 (Q2 FY26: Rs 5.38)
• Earnings per share (diluted, not annualised): Rs 5.90 (Q2 FY26: Rs 5.35)

According to the consolidated statement of unaudited financial results for the quarter ended 30th September 2026, revenue from operations for Q2 FY27 was Rs 2,046.68 cr, compared with Rs 1,755.32 cr in the corresponding quarter of the previous year. Including other income of Rs 19.34 cr (Q2 FY26: Rs 4.43 cr), total income stood at Rs 2,066.02 cr versus Rs 1,759.75 cr a year earlier.

On the cost side, cost of materials consumed was Rs 1,159.75 cr against Rs 1,014.09 cr in Q2 FY26. Employee benefits expense increased to Rs 108.97 cr from Rs 97.11 cr, while finance costs were Rs 34.01 cr versus Rs 32.59 cr. Depreciation and amortisation expense rose to Rs 70.56 cr from Rs 66.38 cr, and other expenses were Rs 534.17 cr compared with Rs 474.57 cr in the year-ago quarter. Total expenses were reported at Rs 1,928.27 cr, up from Rs 1,639.87 cr.

Profit before exceptional items and tax for the quarter was Rs 137.75 cr, compared with Rs 119.88 cr in Q2 FY26. There were no exceptional items in either quarter in this consolidated table, so profit before tax was also Rs 137.75 cr versus Rs 119.88 cr a year earlier. Total tax expense came in at Rs 40.21 cr (Q2 FY26: Rs 31.34 cr).

Profit for the period (profit after tax) was Rs 97.54 cr, compared with Rs 88.54 cr in the corresponding quarter of the previous year. Basic earnings per share (not annualised) were Rs 5.91, up from Rs 5.38, and diluted earnings per share (not annualised) were Rs 5.90 versus Rs 5.35, based on paid-up equity share capital of Rs 82.58 cr (Q2 FY26: Rs 82.37 cr).