Kirloskar Industries Ltd - 500243 - Re-Classification Of The Company From The 'Promoter' Category To The 'Public' Category Shareholder Of Swaraj Engines Limited
Please find enclosed updates on re-classification of the Company from the 'Promoter' category to the 'Public' category shareholder of Swaraj Engines Limited. You are requested to take the same on your record. Kirloskar Industries Ltd - 500243 - Communication - KYC
Pursuant to the Regulation 30 read with Schedule III of the Listing Regulations, kindly note that the Company has sent communication vide ordinary post to all the shareholders holding shares in physical form for furnishing PAN, KYC details and nomination, etc., in terms of SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated 16 March 2023. You are requested to take the same on your records. Kirloskar Industries Ltd - 500243 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed three copies of Standalone and Consolidated Unaudited Financial Results for the quarter and year ended 31 March 2023, published in the Financial Express (English) and Loksatta (Marathi) each on 24 May 2023. You are requested to take the same on your records. Q4FY23 Quarterly & FY23 Annual Result Announced for Kirloskar Industries Ltd.
Holding Company Kirloskar Industries announced Q4FY23 & FY23 results: Consolidated Q4FY23: Total Income at Rs 1,592.1 crore for Q4FY23 vs Rs 1,053.7 crore for Q4FY22; 51% increase YoY PBT at Rs 164.6 crore for Q4FY23 vs Rs 79.1 crore for Q4FY22; 108% increase YoY PAT at Rs 93.1 crore for Q4FY23 vs loss of Rs 4.4 crore for Q4FY22 Consolidated FY23: Total Income at Rs 6,536.0 crore for FY23 vs Rs 3,820.8 crore for FY22; 71% increase YoY, please note that FY23 includes the performance of our step-down subsidiary ISMT PBT at Rs 657.8 crore for FY23 vs Rs 568.3 crore for FY22; 16% increase YoY PAT at Rs 459.5 crore for FY23 vs Rs 316.2 crore for FY22; 45% increase YoY Standalone Q4FY23: Total Income at Rs 40.4 crore for Q4FY23 vs Rs 29.1 crore for Q4FY22; 39% increase YoY PBT at Rs 32.2 crore for Q4FY23 vs Rs 22.5 crore for Q4FY22; 43% increase YoY PAT at Rs 25.0 crore for Q4FY23 vs Rs 16.0 crore for Q4FY22; 57% decrease YoY Standalone FY23: Total Income at Rs 118.3 crore for FY23 vs Rs 102.7 crore for FY22; 15% increase YoY PBT at Rs 93.4 crore for FY23 vs Rs 80.1 crore for FY22; 17% increase YoY PAT at Rs 74.1 crore for FY23 vs Rs 60.9 crore for FY22; 22% increase YoY Commenting on the Q4FY23 and FY23 results, Mahesh Chhabria, Managing Director, KIL, said, “The past year has primarily been dedicated to reorienting the Company. The Management has decided to focus on its real estate business and that of its wholly owned subsidiary “Avante Spaces Limited” (Avante) and optimize returns on its investment portfolio. In view of the same, the Management is desirous of monetizing its assets. During the year we sold our 17.41% stake in Swaraj Engines Limited for an aggregate consideration of approximately Rs 296 crore. Further, the board has approved the sale of the windmill business to ISMT Limited, our step-down subsidiary. This is subject to all the necessary approvals. The first commercial project of Avante is progressing as planned and it has already sold approx. 1.2 lakh sq ft area in the project.” Result PDF Kirloskar Industries Ltd - 500243 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Sir / Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (LODR), including amendments thereunder, this is to inform you that the press release in respect of the Standalone and Consolidated Unaudited Financial Results for the quarter and year ended 31 March 2023, is enclosed. You are requested to take the same on your record. Kirloskar Industries Ltd - 500243 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Dear Sir / Madam, In terms of SEBI Circular No. CIR/CFD/CMD1/27/2019 dated 8 February 2019 and pursuant to Regulation 24A(2) of the SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021, please find enclosed Annual Secretarial Compliance Report duly issued and signed by a Practicing Company Secretary for the year ended 31 March 2023. You are requested to take the same on your records. Kirloskar Industries Ltd - 500243 - Updates Of Material Subsidiary
Sir / Madam, Please find enclosed updates of Kirloskar Ferrous Industries Limited, a listed material subsidiary of the Company. You are requested to take the same on your record. Kirloskar Industries Ltd - 500243 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
The Board of Directors of the Company, at its meeting held on 23 May 2023, has allotted 654 equity shares of ` 10 each upon exercise of Equity Settled Stock Appreciation Rights (ESARs) pursuant to the Kirloskar Industries Limited - Employees Stock Appreciation Rights Plan 2019 (KIL ESARP 2019). Accordingly, the paid-up share capital of the Company has increased from 98,84,565 equity shares of `10 each aggregating to ` 9,88,45,650 to 98,85,219 equity shares of ` 10 each aggregating to ` 9,88,52,190. 
