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Kirloskar Oil Engines shares surge 15% after India, exports aid Q2 earnings beat

Published on 12/11/2025 10:23 AM

Kirloskar Oil Engines shares surge 15% after India, exports aid Q2 earnings beatKirloskar Oil's domestic business grew by 35% from last year to ₹1,406 crore, while exports also grew by a similar quantum to ₹187 crore.By Hormaz Fatakia    | Vinnii Motiwala   November 12, 2025, 10:23:28 AM IST (Updated)2 Min ReadShares of Kirloskar Oil Engines Ltd. surged as much as 15% on Wednesday, November 12, in response to its September quarter results that were reported after market hours on Tuesday. This is the biggest single day gain that the stock has seen since May this year.

Kirloskar Oil reported revenue growth of 34% during the quarter to ₹1,604 crore from ₹1,194 crore during the same quarter last year. Growth was led by the B2B sales, which was aided by the Power Gen and Industrial segments, which grew by 40% from last year.

The international business also continued its strong performance in the Middle East and the North Africa region.

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter grew by 30% from the year-ago quarter to ₹214.5 crore, while margins narrowed slightly to 13.38% from 13.85% last year.

Net profit for the quarter grew by 27% year-on-year to ₹141 crore from ₹111 crore. Barring the margins, most other parameters were higher than Bloomberg consensus estimates.

Kirloskar Oil's domestic business grew by 35% from last year to ₹1,406 crore, while exports also grew by a similar quantum to ₹187 crore.

Shares of Kirloskar Oil Engines are trading 13.5% from the same quarter last year to ₹1072.32. As a result of today's move, the stock has turned positive on a year-to-date basis.Continue ReadingFirst Published: Nov 12, 2025 10:20 AM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsKirloskar Oil EnginesQ2 resultsshare market today