Kirloskar Electric Share Price Jumps 5.41% After Q2FY26 Profit Rises Over 95% YoY to ₹998 Lakh

Bengaluru, November 11: Kirloskar Electric share price is trading in the green today after it reported a 95.9% rise in its net profit YoY. As of 2:45 PM, Kirloskar Electric’s share price was up by 5.41%, or 6.08 points, and was trading at ₹118.42. Until now, the Kirloskar Electric shares have traded within a range of ₹123.70 and ₹112.25. The traded volume for Kirloskar Electric stock stood at 11.22 lakh shares, with the company’s market cap at ₹746 crore. The shares have their 52-week high at ₹201.50 and their 52-week low at ₹106.06.

Kirloskar Electric Company Limited (NSE: KECL, BSE: 533193) is an Indian company that manufactures a wide range of electrical equipment, including motors, generators, transformers, and switchgear for various sectors like power generation, transmission, and industrial applications. It was established in 1946 and is headquartered in Bengaluru, Karnataka.

Shares Rise After Strong Q2FY26 Financial Results

In Q2 FY26, the company reported revenue from operations of ₹14,211 lakh, down 12% YoY from ₹16,147 lakh but up 7.5% QoQ from ₹13,224 lakh. Total income stood at ₹15,320 lakh, a 6.3% YoY decline from ₹16,351 lakh, but higher by 15.0% QoQ compared to ₹13,320 lakh. Profit before tax increased to ₹998 lakh, marking a 96.1% YoY rise from ₹509 lakh and a 2,276% QoQ jump from ₹42 lakh. Net profit also increased to ₹998 lakh, a 95.9% YoY rise from ₹509 lakh and a similar 2,276% QoQ growth compared to ₹42 lakh. Cost of materials consumed declined to ₹104.48 crore as compared to ₹108.75 crore last year. Employee expenses were higher at ₹19.48 crore. Other expenses fell to ₹16.48 crore from ₹20.18 crore YoY.

Investor Takeaway for Kirloskar Electric

Kirloskar Electric reported a strong financial result for the quarter ended September 30. Although its revenue decreased by 12%, it saw a 95.9% increase in its net profit. The significant rise in profit is boosting investor sentiment, and the shares are trading higher today. Investors will hope that the shares can continue this performance for the rest of the week.

REF: https://nsearchives.nseindia.com/corporate/KECL_11112025124041_OutcomeBM_SGD_Final.pdf

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