Kirloskar Brothers Ltd reported a 25.8% year-on-year (YoY) decline in consolidated net profit at ₹71 crore for the quarter ended September 2025, compared to ₹96 crore in the same period last year.
Revenue remained largely flat at ₹1,027 crore versus ₹1,035 crore a year ago.
Operating performance weakened during the quarter, with EBITDA falling 24% YoY to ₹107.7 crore from ₹141.7 crore, while the operating margin contracted to 10.5% from 13.7% in Q2FY25, reflecting cost pressures and subdued demand in key segments.
In a separate development, the company announced the appointment of Brij Bhushan Nagpal as an Additional Independent Director for a term of five years, effective November 3, 2025, subject to shareholder approval.
Nagpal brings over four decades of corporate experience in management, finance, governance, and business transformation. He began his career with Ranbaxy Laboratories in 1984 and most recently served as Executive Director (Finance & Corporate Affairs) at Luminous Power Technologies Pvt. Ltd., a subsidiary of Schneider Electric SE, where he played a key role in expanding the company’s scale nearly tenfold.
Nagpal has extensive experience in strategic planning, mergers and acquisitions, private equity, legal affairs, and corporate finance, as stated in the exchange filing.
The appointment is expected to strengthen Kirloskar Brothers’ governance framework and strategic oversight as it navigates a challenging macroeconomic environment.
Shares of the Kirloskar Brothers Ltd ended higher on Monday, November 3, by 1.36% at ₹1,900 on the NSE.
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