Shares of Kirloskar Pneumatic Company Ltd declined over 3.8% to Rs 1,116.40 in Monday’s session after the company reported a steep year-on-year fall in both revenue and profitability for the September quarter (Q2 FY26).
The stock opened lower and extended losses as investors reacted to the disappointing quarterly performance. Market capitalization slipped to Rs 7,220 crore, down by nearly Rs 290 crore from the previous close.
The company’s revenue dropped 42% YoY to Rs 386.4 crore, compared to Rs 668.1 crore in the same quarter last year. EBITDA fell to Rs 581 million from Rs 936 million, while EBITDA margin contracted sharply to 15.37% from 21.73% YoY, reflecting rising input costs and subdued order execution.
At 2:00 PM, the stock traded between Rs 1,112 and Rs 1,155.60, down Rs 44.20 from the previous close of Rs 1,160.60. The P/E ratio stood at 34.52, with a dividend yield of 0.90%, according to exchange data.
Despite the temporary weakness, the stock remains up nearly 17% in the past six months, backed by its strong presence in the industrial gas compression and refrigeration systems segment.
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