Kirloskar Oil Engines Limited reported consolidated net profit of ₹ 126 crore for Q3 FY26, up 90% year-on-year from ₹ 67 crore.
Consolidated revenue from operations rose 29% to ₹ 1,873 crore. On a standalone basis, net sales stood at ₹ 1,371 crore, up 35%, while net profit increased 80% to ₹ 102 crore.
Cash and cash equivalents (net of debt; includes treasury investments and excludes unclaimed dividends) stood at ₹ 348 crore.
Commenting on the results, Gauri Kirloskar, Managing Director, Kirloskar Oil Engines, said “KOEL has delivered its highest-ever third-quarter sales, driving record year-to-date performance. Growth was broad-based across segments, with 35% year-on-year growth for the quarter and 25% growth year-to-date, reflecting strong momentum across all businesses.
During the quarter, we completed the standalone B2C integration. The integration of the Fluid Dynamics business is a strategic milestone that enables sharper segment focus while unlocking synergies across operations.
At Arka, we are progressing well against our stated strategy of building a strong Retail Portfolio with a focus on Used Wheels and Small Ticket LAP to complement the existing SME and Wholesale book. In the past 9 months, we have opened 85 new branches and disbursed ₹ 328 Cr in Secured Retail lending division – testament of strong execution on the ground.
With sustained strength in B2B and positive momentum in the Industrial segment, we are well positioned for the remainder of FY 26. Backed by a strong product pipeline and steady progress on our expansion plans, we remain confident in our long-term growth strategy and commitment to sustainable value creation.”