Kirloskar Oil Engines Ltd. witnessed a drop of over 3% in its share price during Thursday’s trade after the company posted a mixed set of financial results for the quarter ended June 2025. The stock opened at ₹914.00, slightly below the previous close of ₹919.50, and slipped to an intraday low of ₹883.95. As of 9:28 AM, the shares were trading 3.12% lower at ₹890.85.
For the first quarter of FY26, the company reported an 8.1% year-on-year increase in consolidated revenue, which rose to ₹1,763.80 crore from ₹1,631.87 crore in the same period last year.
Despite the top-line growth, profitability took a hit. Net profit for the quarter came in at ₹141.88 crore, down 11% compared to ₹159.30 crore in Q1 FY25. EBITDA saw only a marginal uptick, rising to ₹326.67 crore from ₹324.64 crore, while operating margins narrowed to 18.5% from 19.9% a year ago.
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