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    altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. EloElo Group raises $80 million in a Series C round led by Hornbill Capital and NBCUniversal, with MIT Investment Co. and existing investors participating. Peppermint Robotics raises ₹100 crore (approximately $10.5 million) in a Pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. EloElo Group raises $80 million in a Series C round led by Hornbill Capital and NBCUniversal, with MIT Investment Co. and existing investors participating. Peppermint Robotics raises ₹100 crore (approximately $10.5 million) in a Pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating.
  • Kirloskar Oil Engines Q1 FY26: Record INR 1434 Cr Standalone Revenue, 8 Per Cent YoY Growth

    Kirloskar Oil Engines Q1 FY26

    Pune: Kirloskar Oil Engines Limited (KOEL) (BSE: 533293; NSE: KIRLOSENG), one of India’s most trusted manufacturers of internal combustion engines, generator sets, and agricultural equipment, has announced its highest-ever standalone revenue of ₹1,434 crore in Q1 FY26, marking an 8% year-on-year growth and a robust start to the new financial year (Kirloskar Oil Engines Q1 FY26).

    The company also delivered a strong EBITDA of ₹190 crore, with a margin of 13.2%, and a net profit of ₹123 crore, up by 5% compared to Q1 FY25.

    Also Read: Kirloskar Ferrous Industries Q1 FY26: PAT Up 27 Per Cent, INR 1698 Cr Consolidated Revenue

    Strong Operational Performance Driven by New Product Acceptance

    Speaking on the results, Gauri Kirloskar, Managing Director, Kirloskar Oil Engines, said: “Kirloskar Oil Engines Q1 FY26 results marks a significant milestone for us with our highest-ever standalone net sales. Our new product launches, including the Sentinel and Optiprime series, are gaining strong market traction.

    We’re deepening our relationships with key industrial clients and expanding our field infrastructure under the Arka initiative. We remain optimistic about sustained demand as the domestic economy shows continued resilience.”

    Also Read: Kirloskar Pneumatic Q1 FY26 Revenue at INR 272 Crore

    Kirloskar Oil Engines Q1 FY26 (Standalone): Financial Highlights
    • Net Sales: ₹1,434 crore vs ₹1,334 crore in Q1 FY25 (↑ 8% YoY)
    • EBITDA: ₹190 crore vs ₹175 crore in Q1 FY25 (↑ 9% YoY)
    • EBITDA Margin: 13.2% vs 13.0% in Q1 FY25
    • Net Profit: ₹123 crore vs ₹117 crore in Q1 FY25 (↑ 5% YoY)
    • Cash & Cash Equivalents: ₹639 crore (net of debt, including treasury investments and excluding unclaimed dividends)

    Kirloskar Oil Engines Q1 FY26 (Consolidated): Financial Highlights

    • Revenue from Operations: ₹1,764 crore vs ₹1,632 crore in Q1 FY25 (↑ 8% YoY)
    • Net Profit: ₹134 crore vs ₹133 crore in Q1 FY25 (↑ 1% YoY)

    Also Read: George Verghese Appointed Managing Director of Kirloskar Industries Limited

    Focus on Long-Term Growth and Strategic Execution

    Kirloskar Oil Engines continues to execute its “2B2B” strategy – a long-term business transformation roadmap focused on building business-to-business solutions across industrial, agricultural, and energy sectors.

    With continued investments in R&D and product innovation, the company remains focused on driving efficiency, customer satisfaction, and market expansion – both in India and international geographies.

    With a strong order book, sustained cash flows, and a solid product pipeline, Kirloskar Oil Engines Q1 FY26 results reinforce the company’s growth momentum and position it well for the remainder of the financial year.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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