KFIL posts 927 cr revenue, 54 cr net profit in June quarter
Kirloskar Ferrous Industries Limited blames lower profit on costly coking coal03-08-2023
03-08-2023
Q1FY24 Quarterly Result Announced for Kirloskar Ferrous Industries Ltd.
Iron & steel/intermediate products company Kirloskar Ferrous Industries announced Q1FY24 results: Consolidated Q1FY24 vs Q1FY23: Operating revenue at Rs 1,502.5 crore for Q1FY24 vs Rs 1,493.8 crore for Q1FY23; 1% increase YoY EBITDA at Rs 207.4 crore for Q1FY24 vs Rs 173.8 crore for Q1FY23; 19% increase YoY EBITDA margin at 14% for Q1FY24 vs 12% for Q1FY23 PBT at Rs 135.9 crore for Q1FY24 vs Rs 125.6 crore for Q1FY23; 8% increase YoY PAT at Rs 92.9 crore for Q1FY24 vs Rs 102.1 crore for Q1FY23; 9% decrease YoY Standalone Q1FY24 vs Q1FY23: Operating revenue at Rs 926.5 crore for Q1FY24 vs Rs 949.9 crore for Q1FY23; 2% decrease YoY EBITDA at Rs 127 crore for Q1FY24 vs Rs 138.2 crore for Q1FY23; 8% decrease YoY EBITDA margin at 13.7% for Q1FY24 vs 14.5% for Q1FY23 PBT at Rs 71.3 crore for Q1FY24 vs Rs 109.2 crore for Q1FY23; 35% decrease YoY PAT at Rs 53.8 crore for Q1FY24 vs Rs 83.9 crore for Q1FY23; 36% decrease YoY Commenting on the Q1FY24 results, R.V. Gumaste, Managing Director, KFIL, said, “Despite a slowdown in the tractor industry, planned shutdown of mini blast furnaces and commodity price corrections, we could hold on to our topline. Profits are lower, which is due to higher prices of coking coal and lower realization on Pig Iron. We have received NOC from the stock exchanges, for the merger of ISMT into KFIL. The next step is to seek approval from the NCLT. We are looking forward to the benefits from the synergies of the merger.” Result PDF03-08-2023
KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Kindly find the presss release on unaudited financial results.02-08-2023
KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Kindly find the intimation about the allotment of equity shares pursuant to KFIL Employee Stock Option Scheme 2017''.02-08-2023
KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Board Meeting Outcome for Financial Results And Limited Review Report
Kindly find the unaudited financial results and the limited review reports.02-08-2023
KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Unaudited Financial Results For The Quarter Ended 30 June 2023 And Limited Review Report
Kindly find the unaudited financial results and limited review reports.02-08-2023
KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Kindly find an intimation about Conference Call for Investors and Analysts on Friday, 4 August 2023 at 3:30 p.m. (IST) to discuss on the unaudited financial results (standalone and consolidated) of the Company for the quarter ended 30 June 2023.01-08-2023
KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Update In Respect Of ISMT Limited
Kindly find a copy of the intimation filed with the stock exchanges by ISMT Limited, the subsidiary of the Company.27-07-2023
KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Update In Respect Of ISMT Limited
Kindly find a copy of intimation filed with the stock exchanges by ISMT Limited, the subsidiary of the Company.26-07-2023