KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation of earlier communication vide letter No. 2899/23 dated 12 May 2023; kindly find the update in respect of the Conference Call for Investors and Analysts. You are requested to take the same on record. KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Resumption Of Commercial Operations Of The Mini Blast Furnace At Hiriyur
Pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation of earlier communication vide letter No. 2866/23 dated 18 February 2023; kindly find the letter with subject ''Resumption of commercial operations of the Mini Blast Furnace at Hiriyur''. You are requested to take the same on record. KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; kindly find the letter with subject ''Intimation about Conference Call for Investors and Analysts''. You are requested to take the same on record. Q4FY23 Quarterly & FY23 Annual Result Announced for Kirloskar Ferrous Industries Ltd.
Iron & Steel/Intermediate Products company Kirloskar Ferrous Industries announced Q4FY23 & FY23 results: Standalone Q4FY23: Operating revenue at Rs 991.0 crore for Q4FY23 vs Rs 900.6 crore for Q4FY22; 10% increase YoY EBITDA at Rs 158.0 crore for Q4FY23 vs Rs 112.0 crore for Q4FY22; 41% increase YoY EBITDA margin at 16% for Q4FY23 vs 12% for Q4FY22 PBT at Rs 110.2 crore for Q4FY23 vs Rs 85.5 crore for Q4FY22; 29% increase YoY PAT at Rs 81.9 crore for Q4FY23 vs Rs 65.3 crore for Q4FY22; 25% increase YoY Standalone FY23: Operating revenue at Rs 4,149.4 crore for FY23 vs Rs 3,615.0 crore for FY22; 15% increase YoY EBITDA at Rs 618.4 crore for FY23 vs Rs 647.1 crore for FY22; 4% decrease YoY EBITDA margin at 15% for FY23 vs 18% for FY22 PBT at Rs 472.0 crore for FY23 vs Rs 542.7 crore for FY22; 13% decrease YoY PAT at Rs 350.7 crore for FY23 vs Rs 406.1 crore for FY22; 14% decrease YoY Consolidated Q4FY23: Operating revenue at Rs 1,565.6 crore for Q4FY23 vs Rs 1,600.5 crore for Q3FY23; 2% decrease QoQ EBITDA at Rs 221.0 crore for Q4FY23 vs Rs 241.2 crore for Q3FY23; 8% decrease QoQ EBITDA margin at 14% for Q4FY23 vs 15% for Q3FY23 PBT at Rs 159.0 crore for Q4FY23 vs Rs 178.4 crore for Q3FY23; 11% decrease QoQ PAT at Rs 94.6 crore for Q4FY23 vs Rs 129.7 crore for Q3FY23; 27% decrease QoQ Commenting on the Q4FY23 and FY23 results, R. V. Gumaste, Managing Director, KFIL, said “KFIL has maintained a steady performance this quarter. As we look at the full year, our operating margins have been impacted by the ongoing pressure on input material costs. However, we have managed to mitigate this impact by implementing strategies to control other costs. In addition to this, on March 20th, we launched our second foundry line in Solapur, which has increased our manufacturing capacity to 1.7 Lakh Metric Tonnes at the company level. On February 6th, the second coke oven plant at Koppal commenced operations. Subsequently, a 20 MW waste heat recovery plant attached to this was commissioned on 29th March. This plant is aimed at reducing our power costs for internal consumption and promoting ESG efforts by recycling heat produced and reducing external power consumption. All of our key projects are progressing as planned. As for the ISMT merger plan, we will provide an update once we have all the necessary approvals in place.” Result PDF KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; we submit the press release in respect of Audited Financial Statements (standalone and consolidated) for the quarter and year ended 31 March 2023. You are requested to take the same on record. KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; kindly find the letter regarding updates in respect of Directors. You are requested to take the same on record. KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Corporate Action-Board approves Dividend
The Board of Directors at its meeting held on 12 May 2023 has recommended the Final Dividend of ? 3 per equity share of ? 5 each (i.e. 60 percent) for the financial year 2022-2023 for approval of the Members of the Company at the ensuing annual general meeting. You are requested to take the same on record. KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Board Meeting Outcome for Outcome Of Board Meeting
Kindly find the intimation regarding recommendation of the Final Dividend and the fund raising by issue of debt securities. You are requested to take the same on record. KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Audited Financial Results For The Quarter And The Year Ended 31 March 2023 And The Audit Reports
Pursuant to Regulations 30, 33, 51 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we submit the Audited Financial Results (standalone and consolidated) for the quarter and the year ended 31 March 2023 as approved by the Board of Directors of the Company at its meeting held on 12 May 2023, Audit Reports thereto from Kirtane & Pandit LLP, the Statutory Auditor and Declaration in respect of the Audit Reports with unmodified opinion. You are requested to take the same on record.
