Kirloskar Electric Company's Q1 FY 2025-26 Quarterly Results

Result Summary

• Kirloskar Electric Company Ltd reported a 22.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 0.9%.
• Its expenses for the quarter were down by 19.7% QoQ and up 0.2% YoY.
• The net profit decreased 92.3% QoQ and decreased 78.2% YoY.
• The earnings per share (EPS) of Kirloskar Electric Company Ltd stood at 0.1 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Kirloskar Electric Company Ltd is a well-established entity in the Indian electrical equipment sector. The company specializes in manufacturing and distributing a wide range of electrical products including alternators, motors, transformers, and switchgear. With a rich heritage in engineering excellence, Kirloskar Electric has historically focused on innovation and quality in its offerings. The company serves diverse industries such as power generation, transmission, and distribution, as well as industrial and commercial establishments. Recent developments or specific strategic initiatives from the company are not detailed in the available data. Therefore, any significant shifts or expansions in their operations during this period cannot be confirmed.

Revenue

In Q1FY26, Kirloskar Electric Company Ltd reported total income of ₹133.20 crores, a decrease from ₹170.81 crores in Q4FY25, reflecting a quarter-over-quarter decline of 22.0%. When compared to Q1FY25, where the total income stood at ₹134.45 crores, there was a slight year-over-year decrease of 0.9%. These figures indicate a contraction in revenue over both the quarter and year, suggesting variations in sales or operational conditions affecting revenue generation over these periods. Revenue fluctuations can result from a variety of market and operational factors, which are not specified in the current data.

Profitability

During Q1FY26, the company recorded a Profit Before Tax (PBT) of ₹0.42 crores, significantly lower than the ₹5.42 crores reported in Q4FY25, marking a 92.3% decline quarter-over-quarter. Compared to Q1FY25, where the PBT was ₹2.00 crores, there is a substantial year-over-year decrease of 79.0%. The Profit After Tax (PAT) for Q1FY26 also showed a similar pattern, with a reported figure of ₹0.42 crores, down from ₹5.42 crores in Q4FY25 and ₹1.93 crores in Q1FY25, indicating a 92.3% QoQ and 78.2% YoY decrease. The Earnings Per Share (EPS) followed suit, recorded at ₹0.10, down from ₹0.80 in Q4FY25 and ₹0.30 in Q1FY25, representing a 87.5% QoQ and 66.7% YoY reduction. These results reflect significant challenges in maintaining profitability, given the sharp declines in both PBT and PAT.

Operating Metrics

Total expenses for Kirloskar Electric in Q1FY26 were ₹132.78 crores, down from ₹165.39 crores in Q4FY25, showing a 19.7% decline quarter-over-quarter. Compared to Q1FY25, when total expenses were ₹132.45 crores, there was a slight increase of 0.2% year-over-year. Despite the reduction in expenses from the previous quarter, the sharp decline in income has overshadowed potential benefits from cost management. There was no tax expense reported in Q1FY26 and Q4FY25, while a minimal tax of ₹0.07 crores was paid in Q1FY25, resulting in a 100% YoY decline in tax expenses. The operating metrics suggest a need for closer examination of cost structures and revenue alignment to better understand underlying operational efficiencies or inefficiencies.