Record breaking quarter for Kirloskar Oil Engines with Standalone sales of 1,722 Cr; 19 percent YoY growth and Consolidated sales crossing 2,000 Cr mark at 2,257 Cr, 17 percent YoY growth

BusinessManasi Praharaj05 Nov 2026

Pune, November 05, 2026: Kirloskar Oil Engines Limited (KOEL) , a leader in the manufacturing of internal combustion engines, generator sets and agricultural equipment, with a sizable presence in international markets, announced today its unaudited financial results for the second quarter of the financial year ending March 31, 2027.

Commenting on the results, Gauri Kirloskar, Vice Chairperson and Managing Director, Kirloskar Oil Engines, said, “We are incredibly proud to have scaled a milestone, with our best-ever quarter realising a consolidated revenue of ₹2,257 Crore—with a robust 17% year-on-year growth. Despite severe headwinds from global commodity inflation, the resilience of our business model was demonstrated by strong performances in Power Generation, Aftermarket, and our international businesses, leading to market share gains. Supported by strategic partnerships like our global agreement with DEUTZ and the first commercial billing of KASPL, KOEL is firmly positioned to drive high-impact, sustainable value for our stakeholders in the quarters ahead.” 

Review of Q2 and YTD FY27 Financial Performance (Standalone)^^:

Rs. Cr

Q2 FY27

Q2 FY26

YoY

H1 FY27

H1 FY26

YoY

Net sales

1,722.5

1,449.3

19%

3,183.9

2,711.3

17%

Revenue from operations

1,739.0

1,459.5

19%

3,210.3

2,731.5

18%

EBITDA

191.1

204.0

-6%

356.6

375.6

-5%

EBITDA margin %

11.0%

14.0%

 

11.1%

13.8%

 

Net profit

115.2

133.5

-14%

214.5

243.0

-12%

Net profit margin %

6.6%

9.2%

 

6.7%

8.9%

 

Cash and cash equivalents* of ₹ 309 Crore

* Net of debt; includes treasury investments and excludes unclaimed dividends.

Review of Q2 and YTD FY27 Financial Performance (Consolidated)^^:

Rs. Cr

Q2 FY27

Q2 FY26

YoY

H1 FY27

H1 FY26

YoY

Revenue from operations

2,284.0

1,950.6

17%

4,283.8

3,713.7

15%

Net profit

130.3

159.2

-18%

241.4

293.4

-18%

Net profit margin

5.7%

8.2%

 

5.6%

7.9%

 

^^ Numbers reported are for continuing operations only.