5332932025-10-012025-12-315332932025-12-315332932025-04-012025-12-315332932025-10-012025-12-31in-capmkt:OtherExpenses1Member5332932025-10-012025-12-31in-capmkt:OtherExpenses2Member5332932025-04-012025-12-31in-capmkt:OtherExpenses1Member5332932025-04-012025-12-31in-capmkt:OtherExpenses2Member5332932025-10-012025-12-31in-capmkt:ReportableSegments1Member5332932025-10-012025-12-31in-capmkt:ReportableSegments2Member5332932025-10-012025-12-31in-capmkt:ReportableSegments3Member5332932025-04-012025-12-31in-capmkt:ReportableSegments1Member5332932025-04-012025-12-31in-capmkt:ReportableSegments2Member5332932025-04-012025-12-31in-capmkt:ReportableSegments3Member5332932025-10-012025-12-31in-capmkt:ReportableSegments1Member5332932025-10-012025-12-31in-capmkt:ReportableSegments2Member5332932025-10-012025-12-31in-capmkt:ReportableSegments3Member5332932025-04-012025-12-31in-capmkt:ReportableSegments1Member5332932025-04-012025-12-31in-capmkt:ReportableSegments2Member5332932025-04-012025-12-31in-capmkt:ReportableSegments3Member5332932025-10-012025-12-31in-capmkt:ReportableSegments1Member5332932025-12-31in-capmkt:ReportableSegments1Member5332932025-10-012025-12-31in-capmkt:ReportableSegments2Member5332932025-12-31in-capmkt:ReportableSegments2Member5332932025-10-012025-12-31in-capmkt:ReportableSegments3Member5332932025-12-31in-capmkt:ReportableSegments3Member5332932025-10-012025-12-31in-capmkt:ReportableSegments1Member5332932025-12-31in-capmkt:ReportableSegments1Member5332932025-10-012025-12-31in-capmkt:ReportableSegments2Member5332932025-12-31in-capmkt:ReportableSegments2Member5332932025-10-012025-12-31in-capmkt:ReportableSegments3Member5332932025-12-31in-capmkt:ReportableSegments3Member5332932025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15332932025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25332932025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15332932025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25332932025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15332932025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss25332932025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15332932025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares533293KIRLOSENGNOTLISTEDINE146L01010Kirloskar Oil Engines LimitedMain BoardEquity2025-04-012026-03-312026-02-112026-02-03INRCroresQuarterlyThird quarterMulti segment2026-02-1115:00:002026-02-1116:00:00Not applicable2025-10-012025-12-31UnauditedConsolidated1872600000099700000188257000008312100000235390000014100000161720000012753000004321000003114200000171189000001706800000-2301000001476700000406200000-2080000038540000001091300000000010913000002900000011203000001113800000-225000001141600000-2130000029070000027.667.64007.667.64Notes related to overall results <BR> 1.The above statement has been prepared in accordance with The Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under section 133 of The Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. <BR> <BR> 2. Exceptional Items reported : <BR> i) during the year ended 31st March 2025 represents gain on sale of aircraft amounting to Rs. 20.90 Crores and <BR> ii) represents reversal of earlier year's recorded provision by Arka Fincap Limited (AFL) amounting to Rs. 7.42 Crores during the quarter ended 30th June 2024 and additional Rs. 7.87 Crores during the quarter ended 30th September 2024. Accordingly, the total provision of Rs. 15.29 Crores was reversed during the year ended 31st March 2025. <BR> iii) during the quarter and nine months ended 31st December 2025 represents impact of Rs. 23.01 Crores for the estimated incremental liability of employee benefit obligations resulting on account of the New Labour Codes. <BR> <BR> Effective 21 November 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws, collectively referred to as the 'New Labour Codes'. <BR> <BR> Based on the requirements of New Labour Codes and relevant Accounting Standards, the Group has evaluated the potential impact and estimated the liability for employee benefit obligations , which has resulted in an incremental expense of Rs. 23.01 Crores, on account of recognition of past service costs. Considering the materiality and regulatory driven, non-recurring nature of this impact, the Group has presented this under “Exceptional items”. The Group continues to monitor developments on the rules to be notified by regulatory authorities, including clarifications/ additional guidance from authorities and will continue to assess the accounting implications basis such developments/ guidance. <BR> <BR> <BR> 3. 'During the quarter ended 30th June 2025, KOEL Fluid Dynamics Private Limited ("KFD") (formerly known as La-Gajjar Machineries Private Limited ("LGM")) transferred its ‘Cables, Wires & Pipes business’ ("undertaking") by way of Slump Sale on a going concern basis at an aggregate consideration of Rs. 10.70 Crores subject to closing adjustments by executing Business Transfer Agreement (BTA) on 30th June 2025 (Closing date) between LGM and the Buyer i.e Vira Logistics and accordingly the 'Cables, Wires & Pipes business’ of LGM was transferred to the Buyer w.e.f. Closing date. <BR> <BR> Below are the details related to discontinued operations : <BR> i) for the quarter ended 31st December 2025 : There is no reporting as the transaction concluded in Q1FY26. <BR> ii) for the nine months ended 31st December 2025 : <BR> Revenue from operations and other income : Rs 3.16 Crores <BR> Total expenses : Rs 2.87 Crores <BR> Profit before tax : Rs 0.29 Crores <BR> Profit on sale of undertaking : Rs 4.25 Crores <BR> Tax expense/ (income) : Rs (0.20) Crores <BR> Net profit after tax from discontinued operations : Rs 4.74 Crores <BR> <BR> 4. The Board of Directors of the Parent Company in its meeting 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 & Exports Business by way of slump sale as a going concern to its wholly owned subsidiary, 'KOEL Fluid Dynamics Private Limited' ("KFD") (Formerly known as La-Gajjar Machineries Private Limited ("LGM")). <BR> <BR> The aforesaid B2C business segment of the Parent Company is transferred to KFD (LGM) with effect from 11th October 2025. The consideration is in the form of issuance and allotment of 10,65,150 equity shares of KFD (LGM) having face value of Rs. 10/- each to the Parent Company, on a private placement basis, on terms as set out in the Business Transfer Agreement. Since this transaction is with between the Parent Company and its wholly owned subsidiary company, there is no impact on the unaudited consolidated financial results. <BR> <BR> 5. The Group consistently recognizes provision for any significantly delayed receivables, for accounting of expected credit losses. With respect to the provision made for the receivables against sales of Gensets to a specific customer in prior years, the (income) or expense in the Statement of Profit and Loss for the quarter and nine months ended 31st December 2025 was Nil [Rs. (41.47) Crores for FY 2024-2025; Nil and Rs. (41.47) Crores during the quarter ended 31st December 2024 and the nine months ended 31 December 2024 respectively]. <BR> <BR> 6. Arka Fincap Limited has assessed certain loans originated during the nine months ended 31st December 2025 under the business model of "Hold & Sell". Accordingly, the fair value gain on such loans has been disclosed as "Fair value changes on loans classified under "Hold & Sell" business model" under Other Comprehensive Income. <BR> <BR> <BR> 7. During the quarter ended 31st December 2025, the Parent Company has allotted 36,279 fully paid-up equity shares of Rs. 2/- each to the option grantees upon exercise of Employee Stock Options pursuant to ‘Kirloskar Oil Engines Limited – Employee Stock Option Plan 2019' ('KOEL ESOP 2019'). Consequent to aforesaid allotment, the paid-up equity share capital of the Parent Company has increased from 14,52,95,135 fully paid-up equity shares of Rs. 2/- each to 14,53,31,414 fully paid-up equity shares of Rs. 2/- each. <BR> <BR> 8. The Consolidated Financials Results includes the results of the following subsidiaries :- <BR> i) KOEL Fluid Dynamics Private Limited ("KFD") (formerly known as La-Gajjar Machineries Private Limited ("LGM"), wholly owned subsidiary of the Parent Company [name change w.e.f 8th January 2026 ] <BR> ii) Arka Financial Holdings Private Limited ("AFHPL"), wholly owned subsidiary of the Parent Company. <BR> iii) Kirloskar Americas Corporation ("KAC") wholly owned subsidiary of the Parent Company. <BR> iv) Kirloskar International ME FZE ("KIME"), wholly owned subsidiary of the Parent Company w.e.f. 7th January 2025 <BR> v) Arka Fincap Limited ("AFL"), subsidiary of AFHPL and step-down subsidiary of the Parent Company <BR> vi) Arka Investment Advisory Services Private Limited ("AIASPL") ,wholly owned subsidiary of AFHPL and step-down subsidiary of the Parent Company <BR> vii) Engines LPG, LLC doing business as Wildcat Power Gen ("Engines LPG LLC"), subsidiary of KAC and step-down subsidiary of the Parent Company <BR> KFD's (LGM) interest in ESVA Pumps lndia Private Limited (ESVA), based on the shareholding under the joint venture agreement, had been accounted for using equity method up to 28th September 2024. <BR> <BR> 9. The figures for the previous periods have been regrouped wherever required to make them comparable with those of the current periods. The impact of such regroupings is not material to the consolidated financial results. <BR> <BR> 10. The above consolidated financial results for the quarter and nine months ended 31st December 2025 are reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Parent Company in their respective meetings held on 11th February 2026 and are subjected to a "Limited Review" by the Statutory Auditors of the Parent Company. <BR> <BR> 11. The Board of Directors of the Parent Company in its meeting held on 11th February 2026 has declared an interim dividend of Rs. 2.50 (125%) per equity share of Rs. 2 each for the year ended 31st March 2026. The record date for payment of interim dividend is 20th February 2026. <BR> <BR> 12. Notes related to XBRL results (specifically profit and loss) : <BR> i). Amounts reported in Other Expenses as Expenses capitalised is a separate line item in published <BR> results, however as there is no separate placeholder in XBRL hence it is been shown under Total Other <BR> Expenses. <BR> ii). In published results,the line item "share of net profit/(loss) of joint venture accounted for using the <BR> equity method" is reported before "Profit before exceptional items and tax" & as there is nil reporting under this line in published results, there are no differences in profits reported in point 5 and 10 <BR> in amount in reported in row no 5 & 11. <BR> iii). The tax expenses (Excess)/short provision relating to previous years is grouped with Current tax as <BR> no seperate head in available2025-04-012025-12-31UnauditedConsolidated5584780000057220000056420000000260481000006942500000-10160000004499100000402910000012489000008975400000507271000005692900000-230100000546280000014148000002300000014378000000402500000045400000-2000000474000000407240000032970000044021000004157200000-848000004496400000-94300000290700000228.328.20.330.3328.6328.53Not applicable <BR> Not applicableNot applicableOther Expenses3174400000Expenses capitalised-60200000Other Expenses9096100000Expenses capitalised-120700000B2B13961500000B2C2493900000Financial services2270600000B2B41291000000B2C7996000000Financial services65608000001872600000055847800000001872600000055847800000B2B1371700000B2C182500000Financial services171200000B2B4396900000B2C640900000Financial services64310000017254000005680900000473000001593000002014000005880000014767000005462800000B2B25922300000B2C7310600000Financial services667827000001000156000005056900000105072500000B2B12902700000B2C3304000000Financial services53349600000695563000001005200000705615000001. The Group ("the Parent Company and its subsidiaries") operates in the business of manufacturing of Engines and Pumps wherein two customer based reportable segments had been identified namely - Business to Business ("B2B") and Business to Customer ("B2C"). However, as per para 4 of Ind AS 108 “Operating Segments”, Kirloskar Oil Engines Limited ("the Parent Company") is required to disclose segment information only in the Consolidated Financial Results. At consolidated level, the Group has identified three operating reportable segments namely B2B, B2C and Financial Services. The identification of operating segments is consistent with performance assessment and resource allocation by the management. <BR> <BR> During the quarter ended 30th June 2025, the Group reorganized Farm Mechanization Solutions, one of its business components, from B2C to B2B business segment with effect from 1st April 2025, in an effort to improve synergy, since its products are more complementary to the Agri product line of the Industrial business unit (B2B segment). The previous period figures have been presented after incorporating necessary reclassification adjustments pursuant to the reorganisation within the reportable segments. <BR> The Consolidated Statement of Segment wise Revenue, Results, Assets and Liabilities are as under : <BR> <BR> 2. 'As per Ind AS 108 "Operating Segments", the Group has reported revised 'Segment information' as described below:- <BR> 'A) Business to Business (B2B) - This segment comprises of production, sales and services of Engines, Gensets, Electric Motors, spares parts of these products and oils, Farm Machines like power tillers, power weeders etc. <BR> 'B) Business to Customers (B2C) - This segment comprises of production, assembly, sales and services of Diesel or Electric operated Pumps & pumpsets, accessories and allied products <BR> 'C) Financial Services - This segment includes operations of rendering financial services through wholly owned Non-Banking Financial Company (NBFC) subsidiary Arka Financial Holdings Private Limited, NBFC step-down subsidiary Arka Fincap Limited and a step-down subsidiary Arka Investment Advisory Services Private Limited respectively. <BR> 'D) Unallocable - Unallocable comprises of assets, liabilities, revenue and expenses which are not directly related with any of the operating segments. <BR> <BR> 3. 3.Explanatory notes for numbers reported in XBRL : <BR> i) The profit for "Financial Services" segment reported under "Segment Results" is before tax after <BR> interest and after exceptional items. <BR> The "Finance Costs" under "Segment Results" includes finance cost other than the interest pertaining to the <BR> "Financial Services" segment only <BR> iii). The disaggregation of finance cost for current quarter is as below: <BR> Financial services :- Rs 122.80 Crores <BR> Other than Financial services:- Rs 4.73 Crores <BR> iv). The amount reported under Segment Revenue and Segment Results in current period represents Revenue from continuing operations and Profit before tax from continuing operations. The Profit before tax from discontinued operations for current quarter and nine months ended 31 December 2025 is Rs Nil & Rs. 4.74 Crores respectively and Total Profit before tax for the period from continuing and discontinued operations for current quarter and nine months ended 31 December 2025 is Rs 147.67 Crores and Rs. 550.82 CroresRe-measurement gain / (loss) on defined benefit plans31100000Net gain / (loss) on equity instruments measured at fair value through other comprehensive income ("FVOCI")031100000Re-measurement gain / (loss) on defined benefit plans-37100000Net gain / (loss) on equity instruments measured at fair value through other comprehensive income ("FVOCI")200000-369000007900000-9300000Exchange differences in translating the financial statements of a foreign operation3000000Fair value changes on loans classified under "Hold and Sell" business model38000006800000Exchange differences in translating the financial statements of a foreign operation-4500000Fair value changes on loans classified under "Hold and Sell" business model483500000479000000100000012170000029000000329700000