Pune: Kirloskar Ferrous Industries Limited (KFIL) reported a strong performance in KFIL Q2 FY27, with standalone revenue rising 17% year on year to ₹2,046.7 crore from ₹1,755.3 crore in Q2 FY26.
Profit Before Tax (PBT) after exceptional items increased 15% year on year to ₹137.8 crore from ₹119.9 crore.
The company, which is a leading manufacturer of castings and pig iron and a player in steel and seamless tubes in India, announced its unaudited financial results for the second quarter of financial year 2026-27.
Commenting on the KFIL Q2 FY27 results, R.V. Gumaste, Managing Director, KFIL, said, “In Q2 FY 2026-27, KFIL maintained a good momentum, registering a 17% year on year revenue growth to INR 2,047 Crore and a 4% year on year increase in EBITDA to INR 223 Crore.”
He added that the growth was supported by optimized capacity utilization, with the company recording a steel volume of 26,606 MT and crossing the 50,000 MT mark in gross casting sales volume.
According to the company, KFIL Q2 FY27 EBITDA before exceptional items stood at ₹223 crore, compared with ₹214.4 crore in Q2 FY26, marking a 4% year-on-year increase. EBITDA margin stood at 10.9% during the quarter, compared with 12.2% in the corresponding quarter of the previous year.
PBT after exceptional items increased 15% year on year to ₹137.8 crore in Q2 FY27 from ₹119.9 crore in Q2 FY26. Profit After Tax (PAT) stood at ₹97.6 crore, up 10% from ₹88.5 crore in Q2 FY26.
KFIL Q2 FY27: Revenue Growth and EBITDA Performance
For the first six months of FY27, KFIL reported standalone revenue of ₹3,818.2 crore, compared with ₹3,453.4 crore during the corresponding period of FY26, representing an 11% year-on-year increase.
EBITDA before exceptional items for the six-month period stood at ₹438.7 crore, compared with ₹431.3 crore in the year-ago period, registering a 2% increase. EBITDA margin stood at 11.5%, compared with 12.5% in YTD FY26.
PBT after exceptional items for the first half of FY27 stood at ₹242.9 crore, compared with ₹247.1 crore in the corresponding period of FY26. PAT stood at ₹179.9 crore, compared with ₹324 crore in YTD FY26.
The KFIL Q2 FY27 performance also reflected the company’s focus on cost management. Gumaste said proactive cost management measures helped protect margins despite increases in coking coal prices and rupee depreciation.
“Favourable market demand signals are encouraging us to expand our steel and casting capacities. Going forward, our focus remains on leveraging our newly commissioned solar energy capacity and key expansion projects to further enhance our cost competitiveness,” Gumaste said.
KFIL Q2 FY27 Consolidated Results
On a consolidated basis, KFIL Q2 FY27 revenue stood at ₹2,046.7 crore, compared with ₹1,755.3 crore in Q2 FY26, representing a 17% year-on-year increase.
Consolidated EBITDA before exceptional items increased 4% year on year to ₹222.98 crore from ₹214.42 crore. EBITDA margin stood at 10.9% during the quarter, compared with 12.2% in Q2 FY26.
Consolidated PBT after exceptional items increased 15% year on year to ₹137.8 crore from ₹119.9 crore. Consolidated PAT stood at ₹97.5 crore, compared with ₹88.5 crore in the corresponding quarter, marking a 10% increase.
For YTD FY27, consolidated revenue stood at ₹3,818.2 crore, up 11% from ₹3,453.4 crore in YTD FY26. EBITDA before exceptional items increased 2% to ₹438.7 crore from ₹431.3 crore, while EBITDA margin stood at 11.5% against 12.5% in the year-ago period.
Consolidated PBT after exceptional items stood at ₹242.9 crore in YTD FY27, compared with ₹249.6 crore in YTD FY26, while PAT stood at ₹179.9 crore compared with ₹326.5 crore in the corresponding period.
The company noted that following the merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with KFIL during FY2026-27, the corresponding quarters of FY2025-26 have been updated to give effect to the scheme.
The company also recognized a deferred tax asset on the appointed date of April 1, 2025, which was utilized across previous quarters as well as the current quarter and six months ended September 30, 2026.
KFIL further noted that all previous-year numbers have been restated following the merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with the company.
