Kirloskar Pneumatic Company's standalone net profit dipped 7.8% to Rs 39.8 crore in the second quarter of FY27, compared with Rs 43.2 crore in Q2 FY26, The Hindu BusinessLine reported in its Q2 results live updates on Tuesday, October 27. Shares traded about 8% lower at Rs 546.50 on the NSE following the results.
Source: The Hindu BusinessLine
On a consolidated basis, profit for the quarter ended September 30, 2026 was Rs 400 million — yaani Rs 40 crore — down from Rs 435 million a year ago, while revenue stood at Rs 3,263 million — yaani Rs 326.3 crore — compared with Rs 3,864 million in the year-ago period, Whalesbook reported.
Source: Whalesbook
The bottom line was supported by an exceptional gain of Rs 110 million — yaani Rs 11 crore — received from the Maharashtra State Infrastructure Development Corporation for the acquisition of company land in Nashik for a road project, Whalesbook reported.
Source: Whalesbook
The company completed two acquisitions in the quarter: it raised its stake in SCIPL to 100%, buying the additional 44.74% for Rs 125.50 million — yaani about Rs 12.6 crore — and acquired a 99.49% stake in Kirloskar South East Asia Co Ltd for Rs 49.45 million — yaani about Rs 4.9 crore — Whalesbook reported. It also allotted 9,700 equity shares under its employee stock option scheme.
Source: Whalesbook
