Kirloskar Electric Company Limited announced its financial results on 26th May 2026 for the fourth quarter and full financial year ended March 31, 2026. The company delivered robust underlying operational performance with strong revenue growth across core business segments.
A proactive provision of ₹10 Crores was fully absorbed during the year in compliance with the New Labour Code, the impact was reflected in Q3 and Q4 of FY26. Additionally, the Company recognised an accounting impact of ₹2.60 Crores following the NCLT Bengaluru Bench order dated 30th April 2026, approving the merger of four wholly owned subsidiaries effective 1st April 2024. The combined impact of both items totals ₹12.60 Crores for FY26.
Core EBITDA margins remain healthy, reflecting the underlying strength of the business
Revenue grew 26.67% to ₹163.57 crores in Q4 FY26, the highest quarterly revenue in the company’s recent history, compared to the corresponding quarter in FY25. The merger of four wholly owned subsidiaries is expected to yield meaningful operating cost savings from Q1 FY 26- 27 onwards.
Mr. Vijay R Kirloskar, Executive Chairman, Kirloskar Electric Company Limited, said: “Our core business delivered strong volume growth this quarter, with revenue reaching its highest quarterly level in recent history. Our operational fundamentals are sound, and we enter FY27 with a structurally leaner organisation and no legacy provisioning overhang.”
With the merger of subsidiaries complete and New Labour Code compliance fully provided for, Kirloskar Electric enters FY 2026-27 with no residual headwinds. The merger consolidation is expected to deliver operating efficiencies from Q1 FY 2026-27. The company remains focused on converting its revenue momentum into consistent bottom-line performance”.
