KIRLOSBROS: Strong sales and order growth; commodity and overseas mix pressures temper margin recovery

Q2 revenue and order intake grew strongly, with standalone PAT up 45% and order books expanding domestically and overseas. Margin pressure from commodities and a weaker U.K. services mix is expected to ease, although oil-and-gas mix and delayed contract starts constrain recovery.

Based on Kirloskar Brothers Ltd. [KIRLOSBROS] Q2 26/27 Audio Transcript — Oct. 28 2026