Kirloskar Electric reports a significant 27% revenue growth in Q4 FY26, reaching ₹163.6 crore - the highest yet. However, this figure is slightly reduced due to provisions and merger-related expenses totaling ₹12.6 crore. The company plans to consolidate four subsidiaries by April 2024.
Kirloskar Electric Company Limited
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Kirloskar Electric managed to reduce its Q4 net loss to ₹6 million, a significant improvement from the previous year's ₹26 million. Revenue for the same period rose by 23% year-on-year, reaching ₹1.6 billion.
Kirloskar Electric will be releasing their audited financial results on May 26, 2026. Trading in the company's shares will be suspended from May 26 to May 28, as per the company's policy following the declaration of results.
Kirloskar Electric's four struggling subsidiaries will be merged on April 1, 2024, following NCLT approval. This consolidation won't involve issuing new shares; instead, the shares of the subsidiaries will be automatically canceled as part of the merger process.
Kirloskar Electric Company Limited experienced a 5% drop to Rs 130.09 today (April 22, 2026), indicating intense selling activity without commensurate buying interest.
Kirloskar Electric reports a surge in volumes attributed to market dynamics. The company assures adherence to SEBI LODR norms and has no outstanding disclosures.