Interim report
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Date : 6th August 2026 BSE Scrip Code : 533293 To Corporate Relationship Department BSE Limited 1st Floor , Rotunda Building , Dalal Street , Fort , Mumbai 400 001 Kirloskar Oil Engines NSE Scrip Code : KIRLOSENG To Listing Department National Stock Exchange of India Ltd. Exchange Plaza , C - 1 , Block G , Bandra - Kurla Complex , Bandra ( E ) , Mumbai 400 051 Dear Sir / Madam , This is to inform you that : Pursuant to Regulations 30 and 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 including amendments thereunder , please find enclosed herewith : 1. The Standalone Un - Audited Financial Results of the Company for the quarter ended 30th June 2026 and the Consolidated Un - Audited Financial Results of the Company for the quarter ended 30th June 2026 , which were approved by the Board of Directors in its meeting held on 6th August 2026 ; 2. A copy of Limited Review Report of the Company , dated 6th August 2026 , received from G. D. Apte & Co. , Chartered Accountants , Pune , ( Firm Registration No. 100515W ) , Statutory Auditors of the Company on aforesaid un - audited Financial Results - Standalone and Consolidated ; The meeting of the Board of Directors of the Company commenced at 1.45 PM and concluded at 4.45 PM . You are requested to take the same on your record . Thanking you , Yours faithfully , For Kirloskar Oil Engines Limited Fran Farah Irani Company Secretary and Compliance Officer Encl .: As above . Kirloskar Oil Engines Limited A Kirloskar Group Company Regd . Office : Laxmanrao Kirloskar Road , Khadki , Pune , Maharashtra - 411 003 India Tel : +91 ( 20 ) 25810341 , 66084000 Fax : +91 ( 20 ) 25813208 , 25810209 Email : info @ kirloskar com | Website : www.kirloskarbilengines.com CIN : L29100PN2009PLC133351
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l 2 3 4 5 6 7 8 9 10 11 12 l] 14 KIRlOSKAR OIL ENGINES LIMITED C1N ; l29100PN2009PLCl3BS1 Registered cffke: Lcixmanrao Kirlosk.ar fto;;1i:( Khadki, Pur1e -411003 STATEMENT OF UNAUDITED STANOALONE FINANCIAL RESULTS FOR IBE QUARTER mDED 30TH JUNE 2026 Quarter end ei:1 P::irtlcufa,-~ 30-06-W26 lt-03-2026 Unaudited Audited 1.,come .i) Re1Je11ue frorn operations 1,471 ,30 1,534.71 b) Other ino::on,e: 10,77 8 89 Total in came ta+ b} 1,482.07 1,543.60 Exµeml!5 l:I) Cost of raw materiafs cmd components collsumed S00,S9 SDl.47 f:;i} Purehasitof trad@d goods 223.14 202,70 c) Changes 1n invitl'ltOril:!s af finished ~oods, work-in-progre:is a.nd traded goods (58.03) 1.57 'd} Employil:f!@ h~n@fits @)!p@1lSt:! 111,02 90 94 e) Finance cos.ts 2 09 3 05 ;) Depreciation and amortisatior1 @'-:<peMe 4042 39 19 8) Other e:ir: p@'mes 234 56 l5S 47 t,) ExpE n ses capitalised (5 761 113.27) Total expenses (a to h) 1,348.33 1,384.12 Profit before ex<eptlonal items aad 1 .. (l • ZI 133.74 159.48 E)cceptior1al items- {e>tpensel I rr1come [Refer note SJ (9.601 profit before tax lrom continuing ope rations (.3 • 4) 133.74 149.88 Tax e,i:pense : a ) Cur~11t tilx 35.0? 17.43 b} Def@'rred t.:i>:. (0.64) ll 35 Total lax e,ipQnse (6] (a'? b) 34,43 38.78 Net Profit for the JI eriod from c.ontin uin g operatf on s (5 • 6) 99.31 ll1.10 Oisrnntlnued operations (Refer-110te 6) a) Profit bo:!forl:! t.ix. . b) Tiix expense Net profit after tax for the period from dfsco11tinu~d Dflerations {c1 ~ b) Net profit for the period I 7 + 8] 99.31 111.10 Other Comprehensive Income / (Loss) Items that wil I not be n!classlfied to p,otrt or loss in s.ubsequ en t ?eriads ~) Re-meas1Jrement gain/ (loss) on de-fined benefit pl.ins 0.39 4.91 b ) Income tax (expen:.~)/im;:,;ime ,;in ilbcwe (0 10) (U 41 Subtotal (Al {a+ bJ 0.29 3.67 c) Net gain / (loss) on equity instr\.lm1'lr'LIS m111asure-d at fair value through other cornpreh-i;:ri:.ive income (0,02) ("FVOCI") d) locome tilx r~xcens.e)/income on above 0.00 Subtotal (Bl {c + di (0.02) Net other comprehensive incame/(lcssl ttlatwitl not b@ tt!tla!.sffied to profiitorlos5 in sut:i:sequent periods 0.29 3.65 IUAJ+(BII Total other com1irehensive income/{lossl fo, the period, net of taK (101 0.29 3.65 Total comprehenstve lncome/(lossl for the tieriod, net of tax [g +10) 99.60 114.75 P.ald-up equltv sha.-e capita[ (Face vah.1e cf ~ leitc:h) 29.08 29.07 Other equ ltv Earnings per share ('E.PS! f ~) [Face value of "Zeachl [not annuallzed] For CDntfnufng Oi:,eratlons .i) Basic(~) 6.83 7.64 b) Diluted I , I 6.82 7.63 For-Ois.continu@cl Ope:ratior,s a) Basic ( ~) bl Diluted I~ I - - For continuing .and Discontinued Ogeratiomi a) .3a.sic: ( ~) 6.83 7.64 b) Dilur.d (, I 6.82 7.63 (, ~ In Cr ores ) Year eruie.d 30-06·"'" 31·03- l.026 UoaLldited .n.udited 1,272.02 5,646.,S.3 Li.13 40 66 1,2$4.15 5,687.49 67'3 94 2,973 so 172 08 724.30 (252 01 (24.02) 79 83 356.85 3 ,06 1103 33.,15 143 31 l96,95 903 97 p.rn (25 34) 1,136.59 5.063.90 147.56 623.59 [29.68) 147,56 593.91 38.93 134.61 (0.90) 17.80 38.03 1.52.41 109.53 441.50 1773 26 09 a.4b 6.57 B.27 19.SZ 122.80 461.02 0.27 1 .58 (0,D7) (0.401 0.20 l.lS 10.00) 0,00 (0.001 0.20 1.lS 0.20 1.18 123.00 462.20 29.05 29.07 3,325.43 7.55 30.39 7.54 30.35 0.91 1.34 0.91 1.34 8.46 31.73 8.45 31.69 Continued to Pa~e r,o 2 _ •_I
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Notes: Page 110 2 The Compan~ mainly operates in the 'ousiness af manufacturing of Engines wherem t\No ,;:us.to mer based reportable se-gmeots: hi3d been identified nam12ly • B1Jsiness to B'Usir,ess ("B2ll') and Business to Customer {"tllC' 1) (upto 10th October 2025 - refer note 6) However-. post trans.i'{!r of net assets of B2C business sE!gml:!nt, the Company oper9tes. in a segmenr of B2B only at :!;tandalone leYel. Further PS p!l'r pc1ra 4 ~f Ind AS. 10& ''Ope rafting Segments", the C:::imp,iny is required to disclose segment information only in the consolrdated ~lnane,al result s Ai;:;:ordingly, dis,los.ure of this information h.a:!; bean included und~r eonsolidatQd financial resufts for the quc1rter e.!'lded 30th June 2026 Tha above statement has been preoared in accordor-it.e with The Compi::lnies. (111dian A.i;:counting Standards) Rules. 2015 (Ind ~S) prescribed under section 133 of The Companies Ai;:t, 2013 and oth@r reeognised accounting practices ;md policies: to the Htent .ipplicaOle The Company has incorporated Kirloskar Mv9nced Syst:!ms ?riv;;ite L1JT1ited as .:!I wholly owned rnbsidiary company w e .f ~oth March 202.6 The Board of Directors oi th~ Comp~l'IV had de:cided to t<eep the ir,iti~il 1nvestn,ei,t 1..1p~o ~ 9 Cror~s, Ac:cordinglv, durin~ thl:!' quamr ~nd@d 30th June 2026, U1e Compal"ly hc1s inves.tl!d , 9 Crores towi;irds. initi.aj s.ub1cripUon of equity shar~ capital of Kirlosl<arAd\Janced Systems. Private limited 4 Th~ Board of Direc.tors of the Company in its meeting held or-. uu, February 2026, had given its consent for further jn"'es.tme-nt 1n E,200 i?quity shairei of AED l ,000 pars.hare of Kfrlo.skar International ME FZE (hereini;ifl:er ,.-eferred as 'K\ME'), UAE. a wholly owned ~LJb!.idiary of lhl? Company Accordingly en ~0th June 2026, the Company ha5 rnade- paymer\t of consideration of A.ED 3 20 million (i e. ~ B.2S.Crore-s.) to KIME 1he nal"ldalone Finaine1al re-suits for the Qlfi:Hter and year ~nded 31st M"ri;h 20,!6 included ~he im,:>i!ICt of exception1:1I items arnountil'\g ~o ~ ~.60 Crores and ~ 29 68 Crcres, respec.tively, p-ertaining to incremental impaa or, ai;c.o'Untof the New Labour Codes 6- The Baa,d of Directors of the Company in its meeting held on 10th Q,;tober ,2025 ap9roved th..:! tr,;insfer of the Com pony's. Business to Customer l''B2C"} business secment i e. Water Managem@nt Solutions l"WMS") - Domestic & Exi:iorts Eusines$ 'ay W9V of sltJmp sal!!- a.s a going concern to its wholly oi.vned subsidiary, 'l<OE:L Fluid Dvnami,;s Private Lirnited 1 ("KFD") (formerly known ~s La-Gajjar Mac.hin~ries Privi;ite Lirn1ted ("LGM")) , The aforesaid B2C bu:a.ine$.$ se~ment of the Companv wc1s lr:ln~fe..-r~d to KfD (LGM) with effect from 11th October 2025 The consideration was in the fo;m of iss.uance and allotment of 10,6S,l50 equity shares of KFD (LGM) having fao:::e, valu@ of:( 1~/- eaieh to th@' Company, 011 a private ;>lacement ba~1~, on tl!(ms as set out in the Buiines.s rrans.f@r Agreement . Accordingly, the ne1 as.sets of ~ 1B ,88 Crores was transfe,rred on a stump sale basis at their carr,iin@ value:a., and the consideration W3S acco\Jnted for a,t such r;:arrymg 1/dlues of n@t ass@ts as an addit ion to the Cami:,anv•~ in'.'4:!1tment if'I the, subsidiary, consi,stentwith the Company'> a,;i;ouotrr,~ polic.v, in accordance with the- i!ipplicable Indian .i;IC:counting standards. The operations of the 'Bus4nes> to Customer ("82C") business. of the Campany is classifi@d as discontinued operations for all the periods. pre.sente:d in these stcJr,,0.alone financial res:ul15 of the Company, in a,t:ordance with the applicable accounting. Ho:1ndards $incl:!' th.~ transattfon was witti the wholly owned s.wb~idiary ~ompi!ln'f', there is no irnp~ct on the con~olidated finane:tal res.ults. The res.ulls. af tf)e business; classified as; discontinued operations in the standalone finandal ri!$Ull.$ ate as uritter· Quprter endea Vear ended Paniculars. 30-0&-2026 31-03-2026 30-06-2025 ]1-03-2026 Unaudited Audited Unaudited Audit@d (9) Revenue from apera11ans and other ini::orne, - 172 76 318 ,07 (b}Total e){pQn5t!s 155 03 291 ,8 (c) Profit/(lass) before ta, (a-b) 17.73 1 26.09 l(d)Taxexcense//iru:omel of dl5conti.oued operation~ 4 46 6 57 Profit/llos,I after ta, (c-dl 13.27 1 1952 The Nomination and Remuneration Committee [N'RC} of the 13oard of Director~ of thE! Comi:iany in ils meeting 'neld on 14th Mav 2026 has app(O\l@d the grant of 2,40,□DO employees.tock option:i to the ~ligible ernploYees of the Campany in terms. of 't::i,loskar Oil Engines limited -Employee ~tot.k Option Plan 2019 {"lf.OE.l CSOP 2019") i::lnd th.e ~pec1al resolutions pass ea by the Members of the Campany a.t tha Annu:.I Ge-nieral Meeting held on 9th August 2019 and 12th August 2021. Of the above, 36,108 options have been voluntarily surrendered by an employee ancl rnb.sQqu@ntly can~@lled by the NRC in. its meeting held on. 6th Ausu$t 20:26. 8 During the quarter ended 30tll June 202-6, the Comi:iar,v has allotted 20,ns fully paid-up l:!CjUity shar@s of~ 2/- each to lhe option g(anU!@s upon ~:<ercise of Ernplovee Stack Option~ pursu;int to 'l<irlo~kar Oil Ef\~1nes Limited - Emplayee .Stoi::k Option Plan 2019' ('KOEL ES.OP 2.019'). Consequent to i;lforesaid allotmt!nt, the p.aid~up equity sh~re i;apital of th~ Comp~ny has increased from 14,5~,59,209 fully paid-up eciuity shares of" 2/· each to 14,53, 79,944 fully paid-up eQ1Jity shares. of~ 2/- eai::t, 9 The figure-s ror th@ quaner erided 31st March 2026 are balancing figures betw'!!en audited figures in respe-ct of full financial 'plear ended 3 ht March 2026 and the published yeGr to date figu,u upto the third qu1:1rter ended 3 ln Dec.ember 202S which were subjected to "Limit!!-d Re,,,Jiew" Dy th@ Statuto,y Auditor$ of the Campany. 10 The fig,ures for the previous periods have been regrouped wherever reciuirE!d ta make them carT'lparabh~ with those of the ~urrent period . 11 The above standalone fin~ncial res:ults for the qu.;1rt~rended 30th June 2026 arl:!' rl:!'Viewe-d an.d r@eomm@nded by the Audit Committee- c1n.d approved by the Board of Directa;s of the Company in their- r-e~g~i;tive meehngs h.e!d on 6th August 2026 and arl:! ~ubjecte,d to i!I "Umited Review" by the Sti3tutory Auditors.of tli~ Company. Registered Office: laxmanrao Kirtosk;;wr Road, Khad ki, Pune - 411 003 Ptace: Purie Date : 6th August 2026 For Kfrloskar Oil Engiries Limited Gauri Kirlaskdr Vice Chalrpl!!!rscn and Managing Director 01111: 03366l74
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G DApte&Co Chartered Accountants Independent Auditor's Review Report on Unaudited Standalone Financial Results of Kirloskar Oil Engines Limited for Quarter ended June 30, 2026 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors Kirloskar Oil Engines Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Kirloskar Oil Engines Limited ("the Company") for the quarter ended June 30, 2026 ("the Statement"), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('the Listing Regulations'). 2. This Statement, which is the responsibility of the Company's Management and approved by the Company1s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India (ICAI). This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with recognition and measurement principles laid down in the aforesaid Ind AS 34 and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure ~~TE4 ';~rB' A. I I : " 9! 9. fv- ~ o>~ "' iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii .:r.::e,,,~Acr.o~ Pune Office: GDA House, Plot No.85, Right Bhusari Colony, Paud Road, Kothrud, Pune -411 038, Phone -020- 6680 7200, Email -audit@gdaca.com Mumbai Office: D-509 Neelkanth Business Park, Nathani Road, Vidyavihar (West) Mumbai 400086, Phone-022-3512 3184
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GDApte&Co Chartered Accountants Requirements) Regulations, 2015 including the manner in which it is to be disclosed or that it contains any material misstatement. For GD Apte & Co Chartered Accountants Firm Registration Number: 100515W UDIN: 26121007DEDKBG2948 Anagha M. Nanivadekar Partner Membership Number: 121007 Pune, August 06, 2026 Pune Office: GDA House, Plot No.85, Right Bhusari Colony, Paud Road, Kothrud, Pune -411038, Phone -020- 6680 7200, Email- audit@gdaca.com Mumbai Office: D-509 Neelkanth Business Park, Nathani Road, Vidyavihar (West) Mumbai 400086, Phone-022-3512 3184
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KIRLOSKAR OIL ENGIN£S UMITEO CIN : L29100PN2009PLCU3351 ReMiste-red ciffic:!!; La:ii:r'nanr::10 Klrtoskar R.oad, IChadlrii,.Pune~ 411003 Si ATEM ENT OF UNAUOITl:D CON50LIOATED FINAN Cl A.L RES LILTS FOR Tl-IE QUARTER ENDED 30TH JUNE 2026 ( ~ in Crores l consolidated Q1.13itter ended Year ended Particulars 30-06-2026 31-03-2026 30-06-2025 31-03-202 6 unaudited Audited unaudlti!cl Audited 1 Income af Revef\ue frnm ope(atlons 1,999 ~3 2,116 23 I,761 /9 7.701 01 b) Other i11oome 1521 1194 34 70 68 46 Total 1ncome ta+b} 2.014.74 Z.1Z8.17 1.796.49 7,769.47 z E;11.pen.se5 al Cc:ist of raw mJt~riJI~ ,rntl ooniponents consumed 9"9 99 86.3 41 S3G 3b 3,468 22 b) P\JfChclse of traded gccds 317 07 311 68 213 04 1,015 93 c) Change~ in i11ventories of finished eoods, work-in-proe:res$ and traded goods (&244) "'21 (30 55) (37 391 d) Employee benefit~ e;,<pense 191.18 162 51 137,12 612 42 e) f.in_.n,e Co!.ts"" 115.9& 119.s; 13934 522 71 f} Oe~nii:i:ation and amortisation C>!f)ftnS!i!' 4& 51 49 l S 39.66 174 04 g} Other e:<pe.ns~s 329.16 ~41..22 '282.43 1,250.16 h) (xpen.se.s capitalised {S 761 (13 27l 13 221 (ZS 34) fgtal expenies (a to h) l ,8fii3.fii7 U0&.7• 1,614,18 5,9ie..75 3 PtCl~t beforE exceptional ttems and ta11 (1~2l 1S1.07 ?19.43 182.31 7B8.7Z • Exceptjon:al items- income/ (expensel [Refer note 6) - (9 ... 1 13!.45} ; Profit Defore ra_,i: r,om continuing Ogera.tians [3 ,i,. 41 151.□7 ZOU9 182,31 756.27 6 T.ax e-xpens@: :::u,ren~ la:ic 4511 30 94 SI 46 1724 2 [Excess.)/shortorovision relatlng to previou.s ve.:i,~ (l ~9) (1991 D~ierred tJ:< [5.10] 25Jl2 (3 331 28,12 Total ta11t exi,ense (6) 40.01 54.77 48.13 198.55 1 Net profit far th:e period flom cootinui.ni oceratlons (5 -'01 111.06 155.U 1.l4.18 557,72 B Oi5'COntinued operations {Refl!r not@ 7} Profit before ti:l'lt 0 29 0 29 Profit en sale cf u11dertakirtg - 4 25 4 25 f,1;i: experi.se/(iricomel (0..20) (O ZO) Net i:,roflt aftet ta111 for the period from discontinued overarions 11. 4.74 4.74 g Net orofit n:Jr the ceriod f7 + 6 l 111.06 155.22 138.9l S62.46 10 Othe, Comnrehens;fvl!: Income/ llo!isl I t@ms that wl 11 ll e ri!cl c1ss lfied to Qroflt 0, lo:.s In .s ub:5equent p~ticds (A) : i) Exch.an1:e difference!io ifl trr.1115foting th€ financial statemeflts of foreign ope1ations 0 22 llll) (0.0&) {1 66) il) h1CtJrne tax fe:a:p€ns.e)/income on above- . - ,ubtot,I (al• Iii)+ liill 0.22 (1.2l ) (0.08) [1.66) iii) Fair value changes on lo1ns, rl:!latl:!'d to finc1ndal serviceos. Dus.ines:s, classified under "Hold and ~If' b1.1sines.s ll,70) (5 69) 22.82 42 ci6 rnode-1 iv} Income- ta:ic (ei<tiense)/inc:ome on above 0.93 143 (5 74) (10 741 >ubtot,I lb)• Iii iii +livll (2.77) [4.26) 17.08 31.'!Z Total (A)• (al,{bl {2.55) [5.47) 17.00 30.26 lti!ms th.it will iiot be reda5-liifi~d to pn:riit or loss in-subsequent periods {Bl: i) Re-measurement 8<.lin/(lo.s5) on defined beflefit plans 0,40 6 20 0 2, 2,49 iii Income taJC fexoense}/incameo on above- [O,lO) (1.56) (0 05) 10,63) Subtotal (al =[{II+ 1!111 C.30 4.64 0,17 1.86 "ii) Net gain/(los.s) on ,equity instrume-nts me-asu1ed at fair ~alue through other comprehensive i11come - (0 02) 10,00) rvl lni;:orne tax (eK1Jensel/fncome on .ibow 0.00 - 0.00 Subtotal lb)• [11111 + llvl) 10.02) C.00 rot•I (B)• [a)+lbl 0.30 4.62 0.17 1.86 "Total other c1Jmprehensi"Ue income/(loss:) for the period, net of t.l1( [(A)-. (8);::; 10] 12.25) (0.8<;) 17.17 32.12 11 Total romprehen5ive income-/ tlos.s) for the period, net of ta:11. (9 + 101 108.81 150.37 156.09 594.58 1l Profit for the perio d 3ttributabl e to: a) Owners of the Companv" 113 71 158.60 141.88 574 32 b) Non-oontfollir-.ll ltitere-s.t (2.65) (3 .38) (2.96] (II 86) u Other compreh.ensive income for the 11eriod attributable tD: a! Ow11ero; of the Company" 1235) 1.62 17.30 35 54 b) Non-controlling_ 1,-,tere-s.t 0 ,10 12.47) (0.13) (3 42) 14 Tot:;iil c0mprehensii.re i11corr1eforthe period attributable to: a} Owners of ttie Company A lll ,36 16(] 22 lS9 ,lB 609,86 b) Non-oontrnlfini:r: intere5-t (2,55) 15 85] 1,3.09) [15 ,28} 15 Paid-ui:, equltv share caait;JI jFa« value of ~ 2. each] 29.0B 29.07 29.0S 29.07 16 Other .Equi~ 31591.12 17 e.arnlnes 1:1 er sti a re ! ~ 1 tFace -ya Jue of ~ 2 each 1 rnct .1n m.1 aUzedl For Continui.o~ Operations a) Ba~ic(:C:) 7 82 10.91 9.44 39.20 6) Diluted l ~) 7Bl 10 86 942 3'3.05 For Oiscan1i11u@d Op~ratfon!t i:1} 0a~ic ( ") . 0.33 O.ll I>) Oiluted l ~ l 0,33 O.l3 For ContinuinJ! and Ojscor1tlr1ued Ol)erations •l•asi<!•I 7.8Z 10.91 9.77 39.53 bl Diluted ( ~) 7.81 lOJ!6 9.75 l9.3S "" Net profit/{los~} afcer t.:IK f,om d1:sc□nlinued operations. 1s wholly attnbu\able to owners of the Company , Contin ued to PJge flO 2
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Page no 2 Notes: 1 The Group ("the Corn[lill"lV and its. sut>sidiaries."I operates in th~ bu~l(IC~.S of 1l'lclnufadurin,g of Engine-~ and 11umJ)s wlierein two r::us:tomer base-d r!::'pOrtaDle se-~me-nts had Dee-n identified 11amely - lhJsin-ess to Business ("028") and Busine-~s tu Cu.stame-r ("B2C'') However, a~ per par ii 4 of lrid AS 10B "Oper~tirig Segments", Kirloskar Oil Ene-int-s Urnited ("the Company") Ls required to disclose s.eeme-nl information only in the C:::o<isolid<Hecl Firi<1ncial Results At comolidat~i:I level, the Group has ide-ntified three ape-rating reportable segrn~nt!- r1ame-ly 028, B2C ,3,ntl Financi,31 Service~ fl,e id~nlHici:iti<Jn of ope,aling segments is consistent with p,erformance ass~s.sme-nt and resource .1110,c.~tion bv the rnana,gement The-Cons.ofidated 'S.t21tement of S~gm~nt wls~ Revenue, Re.suits, Assel.s and Liabilities are i:IS under Partiu.1Lus - SEGMENT REVENUE: B2B B2C Firi;irn:inl 5e-rvices REVENUE FROM OPERATIONS SEGMENT RESULTS• 82B 8lC Financial Se,oJices "- Unallocate-i:1 TOTAL SEGMENT RESUL15 Le:ss.; M Flr1.:ince cost~ • • (ii) Exceptional item$• (income)/expellse (Refer note 6) PROFIT BEFORE TA~ FROM CONTINUING OPERATIONS (Al PltOFIT BEFOR.E TAX FROM OISCONTINUEO OPERATIONS (8) (Refer not,e 7) PROFIT BEFOR, TAX FOR T~E PERIOD [[A)• (Bl] SEGMENT ASS<TS 828 a,c Financial Services Unallocated ,usets TOTAi. ASSETS SEGMENT LIABILmES 82B e2c Fin<1nc.iaJ Se Nie.es Unc1llacatied liabiliti~s TOTAL UABI LITI ES •Profit/ (loss) before-exi:eptrona1I items, tax and 111terest 'irom each se~meM n Profit/I loss) before ex:reptional items, ta:... and r1f,er lriti:=re-;.t ... Other than lhe interest i:,ertair1i1"11J t<:i tlii..· ''Firi.i11ci;:il Servic@s" segment M D~oggregr;ition of finance costs are as below Partii:u1ars Finance CO!its rl?latlng lo flnanr::ial services business. Finance casts relating 10 other than fir1ancial services busines!i Total 30-06-2026 Unavd;ted l,4BB 36 301,00 210 ,17 l.S99.53 114.63 25.)6 9..33 5.6) 1.55.44 4.37 151.07 121._..(]_7 2,~72 20 )5124 6,57120 636J9 10.,9:U.43 1.571.90 333.05 5,200 17 123 57 7,228.69 30-06-Z026 111 59 4 ,37 115.96 2 As per Ind AS 108 ''Operc11ting Segments", the Group has reported 'Segment information' as d@scrib@ci below:~ {~in Crores) CDm;olidilted QuJrtcr ended Vear er11:te(1 11-03-2026 30-06-ZOZS 31·03-2026 Al.ldited uoa"dlted Audited 1,556.71 1,276 32 S,685.81 33.8,'93 29'1.78 1.138,53 220.59 193_69 876 ,67 2,116.23 1.7&1.79 7.701.0l 152 23 139 28 191.92 4210 27.66 1{]6,19 2813 13,61 1244 J 65 7A 6 20. 78 226.n 188.07 811.33 iS,68 s.n 2lSl 9.44 3245 209.99 1.!2.31 75&.27 4.54 4.S4 209.99 1.!5.85 760.81 <,640 ,60 2,242 S3 2,640,60 748.95 667 29 748,95 6,751.45 6,875 66 6,751,45 711.44 797 .01 71 1.44 10,852M 10.60Z.49 10,852M 1,405.33 1,352,85 1,405.33 360.29 334.14 360.29 S,3BS 29 5,591,76 S,lSS 29 123.40 107.12 12.340 7,277.31 7,38S.87 7,Z77.ll Quarter ended Vie-at ended 31-0l-2026 30-06-2025 31-03-2026 113 15 133 ~8 500 10 6 6B 5.76 22.61 119.83 139.34 5:!1..71 A.) Bus.ines.s to Business (B2B) • This. s~grr,ent comprises of production, sales: and services of Engines, Gens.ets, El@~trir Motors, spares part s of these products and olls, Farm Machines like power tillers., power weeders @tc, B) Business to Custoniers (B2q -This segment comprises of productiofl, assembly, sal@s and sel'"lJices of Diesel or Elei::trlc: operated P1.1mps & purripse•s. :iccessori@s and alli@d products C) Finane:ial Services - This :.egment includes operations of rendering financial services through wholly owned Non-Banking Fil'lane:ial Comp.any (NBFC) s.ubsidia rv Arka Financial Holdings Private Limited, NBFC step-down subsidiary Arka fincap Limited and a step-down subsidiary Arka rnvestment Advisory Services Priv.at@ Umit@d respectively , D) Unalloi:Qble - Unallocable comprises of assets, Ii.abilities, fevenue and ~:.:pense.s which are not directly related with any of the operating segments _ The aibove statement has been prepared in accordan,:e with The Corn,=iar,ia~ (Indian Ao:cci1,mting Standards} Rules, 2015 (Ind AS.) pre~c:ribed under section 13,3 of The Companias Ao:t, 2013 and othe.- recognised accounting practices and polie:ie:!. to th@ @:<tent applicable , Continued l o Page no ~
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Page no. 3 4 The Company has Incorporated Klrlosk,r Advanced Systems Private Limited as a wholly owned subsidiary coml)<lny w.e.f. 30th March 2026. The Board of Olrecto,s of the Company had declded to keep the initial investment upto a: 9 Crores. Accordingly, during the quarter ended 30th June 2026, the Company has invested a: 9 Crores towards Initial ,ubscripti on of equity share capiOI of Kirlo,kar Advanced Systems Private Limited. The BOard of Directors of the Company in its meeting held on 11th February 2026, had given its consent for further investment in 3,200 equity share, of AED 1,000 per share of Kirtoskar International ME FZE (hereinafter referred as 'l(JME'). UAE, a wholly owned subsidiary of the Company. Accordingly on 30th June 2026, the Company made payment of conslduation oF AED 3 20 million (i e a: 8.28 Crores) to KtME, The consolidated nnancial results for the quarter and year ended 31st March 2026 included the impact of exceptional items amounting to ~ 9.44 Crores and 0: 32 45 Crores, respective,ly, pertaining to incremental impact on account of the New Labour Codes. 7 During che quarter ended 30th June 2025, KOH Fluid Dynamic-' Private Limited ("KFO'J (formerly known as la-Gajjar Machineries Private Limited) transferred its 'Cables, Wires & Pipes business' ("undertaking") by way of slumps- le on a going concern ba,is at an aggregate consideration of 0: 10.70 Crores subject to closing adjustments by executing 6usiness Transfer Agreement {BTA) on 30th June 2025 (Closing date) between ~FD and the Buyer i.e Vira Logistics and accordingly the 'Cables, Wires & Pipes bu sine«' of KfO was transferred to the Suyer w.e.f Closing date. The results of the undertaki ng dassili ed as discontinued operation• in the consolidated linan dal results are as under: ( ~ In Ctores ) Quarter ended Year ended Partlcvh1rs 30-06•2026 31-03-2026 30-06-2025 31-03-2026 Unaudited Audit<>d UT1audited Audited (aJ ReV@nue from operations and other Income 3 16 3,16 (OI Total expemes Z87 2 87 (cl Prcri1 before tu 0.29 0.29 rd) Tax exp1ense/ (lncome) of dis:tontlnuf?d o~ra tions 10.20) (0 201 (e) Profit after 1 .. [(e) • (c) • (d)I 0.49 0,49 (f) Profit on ,ale of u,,dertalcing 4.2S 4.25 fill,. ••P"ftS"/tlncome) on p,ofot on .... 1. ot u.-.:l•rtaklna . . (h) Profit ofter tax on ,ale of undertaking ((hJ • If). (g)I 4.25 4.25 [I) Total profit bofore ta, from diseontinued operation, {(c) • (fl] 4.54 4.54 (J)Tol:ol ta, .. penst/(locomo) of dl"ontlnued op•rations ([di• (g)J . (0.20) I0.20) (k) Net profit aftor ta, from dlscontlnu1d operations [(I)• ij)J . 4,74 4,74 8 The Soard of Director, <>f the Companv in~• meetine held on 10th October 2025 approved the transfer of the Company's Business to Customer ("B2C") business segment i.e. Water Management Solutions {"WMS") - Domestic & Export, Business by w,y of slump sale as a going concern to its wholly owned subsidiuy, •~OEL Fluid Dynamics Private Limited' ("KFD") (formerly known n la-Gojjar Machineries Private Limited ("LGM"I), The aforesaid S2C business segment of the Company was transferred to KFD (LGM) wit h effect from 11th October 2025. The consideration Wa$ in the form of issuance and allotment of 10,65,150 equity shares of KFO (LGM) ha.ing face value of~ 10/- each to the Company, on a private placement basis, oo term< as set out in the Buslne» Transfer Agreement. Since this transaction was between the Company and its wholly owned subsidiary company, there is no impact on the consolidated frn,ncial results. 9 The Nomination and Remuneration Committee INRC) of the Board of Directors of the Company in its meeting held on 14th May 2026 has approved the grant of 2.40,000 employee stock optio ns to the employees of the Company in terms of 'Kirloskar Oil Engines Limited - Employee Stock Option Plan 2019 l"KOEt ESOP 2019") ond the speci,1 resolutions passed by the Members of the Company at the Annual Genetal Meeting held on 9th August 2019 and 12th August 2021. Of the above, 36,108 option$ have been voluntarily surrendered by an employee and sub.sequently cancelled by the NRC in its meetine held on 6th August 2026 10 Durin~ the quarter ended 30th June 2026, the Company hos allott ed 20,735 fully paid-up equity snares of~ 2/· each to the option erantee, upon exercise of Employee Stock Options pursuant to 'Kirloskar Oil Engines Limited - Employee Stock Option Plan 2019' ('KOEL ESDP 2019'). Consequent to aforesaid allotmen t, the paid-up equity share capital of the Company has increased from 14,53,59,209 fully paid-up equity shares of a: l/· each to 14,53,79,9114 fully paid-UJl equity shares of ~ 2/· each. ll The consolidated financials results Includes the results of the followin g ~ubsidiaries :· I) KOEL Fluid Dynamic$ Private Limited {"'KfD") {formerly known as La-Gajjar Machineries Private Limited ("LGM")I, wholly owned subsidiary of the Company [name change w,e f 8th January 2026J. li) Arka Financi,J Holdings Private Limited ("AFHPl "), wholly awned subsidiary of the Company. lri) Kirloskar Americas Corporat ion l"KAC") wholly owned sub<idiary of the Company. i\/) Kirloskar International ME fZc ("KIME"), wholly owned subsidiary of the Company. v) Arka Fin cap Limited l"AFL"I, subsidiary of AFHPL and step-down subi ldlary of the Company vi) Arka Investment Advisory Services Private Limited ("AIASPl") ,wholly owned subsidiary of AfHPL and step-down subsidiary of the Company vii) Engines LPG. LLC doing business as W~dcat Power Gen ("Engines I.PG Ll C'), subsidiary of KAC and step-down subsidiary of the Company. viii) Kirloskar Advanced Systems Prloat e Limited f'KASPL'), wholly own ed subsidiary of the Company w.e.f 30th March 2026 12 The figures for the qua,ter ended 31st March 2026 are balancing figures between audited figures in respect of full Financial year ended 31st March 2026 and the published yen to date figures upto the third quarter ended 31st Oecember 2025 which were subject ed to "Limited Review" by the Statutory Auditors of the Company. 13 The frgures for the previous periods have been regrouped wherever required to make them comparable with those of the current period. The impact of such regrouping, is not material to the coosolidated financial results. 14 The above consolidated financial results for the QYtrter ended 3oth June 2026 -re reviewed and recommended by the Audit Committ ee and approved by the Board of Directors of the Company in their respective meetings held on 6th August 2026 and are subjected to "Limited Review" by the Statutory Auditors of the Company Registered Office: Laxmanrao Kirfo.skar Road, Khadki, Pune • 411003 fllace: Pur1e Date : 6th Au gust ZOZ6 For Klrloskar Oil Eneines Limited /avv,,.(~ Gauri Kirfoskar Vice Chairp~r'son and Me1na.gir1g Director DIN: 03366274
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GD Apte & Co Chartered Accountants Independent Auditor's Review Report on Unaudited Consolidated Financial Results of Kirloskar Oil Engines Limited for the quarter ended June 30, 2026 pursuant to the Regulation 33 of the SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The Board of Directors Kirloskar Oil Engines Limited 1. We have reviewed the accompanying Statement of unaudited ConsoHdated Financial Results of Kirloskar Oil Engines Limited ("the Parent") and its subsidiaries, (the Parent and its subsidiaries together referred to as "the Group"), for the quarter ended June 30, 2026 ("the Statement"), being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('the Listing Regulations'). 2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India (ICAI). This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, prin:iarily of the Parent's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI unde r Regulation 33 (8) of the listing Regulations, as amended, to the extent applicable. Pune Office: GDA House, Plot No.85, Right Bhusari Colony, Paud Road, Kothrud, Pune -411 038, Phone -020 - 6 6807200, Email - audit@gdaca.com Mumbai Office: D-509 Neelkanth Business Park, Nathani Road, Vidyavihar (West) Mumba i 400086, Phone-022-3512 3184
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G DApte&Co Chartered Accountants 4. The Statement includes the results of following subsidiaries and step-down subsidiaries: Subsidiaries of the Parent: a. KOEL Fluid Dynamics Private Limited ("KFD") (wholly owned subsidiary) b. Arka Financial Holdings Private Limited {"AFHPL") (wholly owned subsidiary) c. Kirloskar Americas Corporation ("KAC") (wholly owned subsidiary) d. Kirloskar International ME FZE, UAE ("KIME") (wholly owned subsidiary) e. Kirloskar Advanced Systems Private Limited {"KASPL") (wholly owned subsidiary) Step down subsidiaries of the Parent: a. Arka Fincap Limited ("AFL") (subsidiary of AFHPL) b. Arka Investment Advisory Services Private Limited ("AIASPL") (wholly owned subsidiary of AFHPL) c. Engines LPG, LLC dba Wildcat Power Gen (subsidiary of KAC) 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Ind AS 34 and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. Other Matters: (i) We did not review the unaudited consolidated financial results of a subsidiary and unaudited standalone financial results of two other subsidiaries, included in the Statement, whose financial results, before consolidation adjustments, reflect total income of Rs. 541.05 Crores, total net profit of Rs. 19.16 Crores and total comprehensive income of Rs. 16.41 Crores for the quarter ended June 30, 2026 as considered in the unaudited Consolidated Financial Results. These financial results have been reviewed by other auditors whose reports have been furnished to us by the management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on the reports of the other auditors and the procedures performed by us as stated 1n paragraph 3 above. Pune Office: GDA House, Plot No.85, Right Bhusari Colony, Paud Road, Kothrud, Pune -411038 , Phone -020 - 66807200, Email - audit@gdaca.com Mumbai Office: D-509 Neelkanth Business Park, Nathani Road, Vidyavihar (West) Mum bai 400086, Phone-022-3512 3184
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GD Apte & Co Chartered Accountants (ii) The unaudited Consolidated Financial Results include the unaudited consolidated financial results of a subsidiary and unaudited standalone financial results of a subsidiary, which have not been subjected to review and have been furnished to us by the management. These financial results, before consolidation adjustments, reflect total income of Rs. 18.33 Crores, total net profit/ (loss) of (Rs. 4.47 Crores) and total comprehensive income/ (loss) of (Rs. 4. 28 Crores) for the quarter ended June 30, 2026 as considered in the unaudited Consolidated Financial Results. According to the information and explanations given to us, these financial results are not material to the Group. Our conclusion on the statement is not modified in respect of above matters. For GD Apte & Co Chartered Accountants Firm Registration Number: 100515W UDIN:26121007FERUTA2157 Anagha M. Nanivadekar Partner Membership Number: 121 007 Pune, August 06, 2026 Pune Office: GDA House, Plot No.85, Right Bhusari Colony, Paud Road, Kothrud, Pune -411 038, Phone -020-66807200, Email - audit@gdaca.co m Mumbai Office: D-509 Neelkanth Business Park, Nathani Road, Vidyavihar (West) Mumbai 400086, Phone-022-3512 3184