Press Release on the unaudited financial results

Ref No. 3385/26 30 October 2026 The Department of Corporate Services BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai 400001 (Scrip code : 500245) Dear Sir / Madam, Subject : Press Release on the unaudited financial results Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; we submit the Press Release in respect of the unaudited financial results (standalone and consolidated) for the quarter and six months ended 30 September 2026. Please take the same on record. Thanking you, Yours faithfully, For Kirloskar Ferrous Industries Limited Mayuresh Gharpure Company Secretary Encl : a/a Kirloskar Ferrous Industries Limited A Kirloskar Group Company Registered Office : 'One Avante', Level 5, Karve Road, Kothrud, Pune 411038, Maharashtra Telephone : +91 (20) 69065040 Email : kfilinvestor@kirloskar.com Website : www.kirloskarferrous.com CIN : L27101PN1991PLC063223 KIRLOSKAR FERROUS INDUSTRIES LIMITED PRESS RELEASE KFIL reports Q2 FY2027, Standalone Revenue at INR 2,047 Cr, 17% increase Year on Year, Profit Before Tax at INR 138 Cr, 15% increase Year on Year Pune, India – October 30, 2026: Kirloskar Ferrous Industries Limited (BSE : 500245), one of the leading castings and pig iron manufacturers and a leading player in steel and seamless tubes in India, announced today its unaudited financial results for the second quarter of the financial year 2026-27. Commenting on the Q2 FY 2027 results, R.V.Gumaste, Managing Director, KFIL, said, “In Q2 FY 2026-27, KFIL maintained a good momentum, registering a 17% year on year revenue growth to INR 2,047 Crore and a 4% year on year increase in EBITDA to INR 223 Crore. This growth was anchored by optimized capacity utilization, highlighted by a record steel volume of 26,606 MT and a historic milestone as gross casting sales volume crossed the 50,000 MT mark. Our proactive cost management measures helped protect our margins, in spite of coking coal price increases and rupee depreciation. Favourable market demand signals are encouraging us to expand our steel and casting capacities. Going forward, our focus remains on leveraging our newly commissioned solar energy capacity and key expansion projects to further enhance our cost competitiveness.” Review of Standalone Q2 and YTD FY 2027 Financial Performance: YTD FY YTD Rs. Cr Q2 FY27 Q2 FY26 YoY YoY 27 FY26 Revenue 2,046.7 1,755.3 17% 3,818.2 3,453.4 11% EBITDA (before exceptional 223.0 214.4 4% 438.7 431.3 2% items) EBITDA Margin 10.9% 12.2% 11.5% 12.5% PBT (After exceptional items) 137.8 119.9 15% 242.9 247.1 -2% PAT# 97.6 88.5 10% 179.9 324.0 -44% KIRLOSKAR FERROUS INDUSTRIES LIMITED Review of Consolidated Q2 and YTD FY 2027 Financial Performance: YTD FY YTD Rs. Cr Q2 FY27 Q2 FY26 YoY YoY 27 FY26 Revenue 2,046.7 1,755.3 17% 11% 3,818.2 3,453.4 EBITDA (before exceptional 222.98 214.42 4% 2% items) 438.7 431.3 EBITDA Margin 10.9% 12.2% 11.5% 12.5% PBT (After exceptional 137.8 119.9 15% -3% items) 242.9 249.6 PAT# 97.5 88.5 10% 179.9 326.5 -45% # Consequent to the merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with the Company during FY 2026-27, the financial results for the corresponding quarters of FY 2025-26, have been updated to give effect to the Scheme. Further, the Company recognized a deferred tax asset on the appointed date as per the Scheme i.e. 01st April 2025 which has been utilized across previous quarters as well as the current quarter and six months ended 30th September 2026. Consequently, last year’s numbers have an impact of negative tax. Please note all the previous year’s numbers are restated post the merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with the Company. About Kirloskar Ferrous Industries Limited Founded in 1991, Kirloskar Ferrous Industries Limited is one of India’s largest castings and pig iron manufacturers. The company caters to various industry sectors, such as tractors, automobiles and diesel engines. The manufacturing facilities at Koppal, Hiriyur, Solapur and Rajpura have the unique capability of producing a range of products that include grey iron castings up to 1000 kg pieces. The company also produces various grades of pig iron such as SG iron grade, basic steel grade and foundry grade. Kirloskar Ferrous Industries Limited is expanding its manufacturing capacities in pig iron and casting. The company has 3D printing facilities, enabling fast development of new products and capability ramp-ups. The company supplies fully machined castings and has added a coke oven manufacturing facility with waste-heat recovery power. With the merger, KFIL product range now extends to ISMT Steel and seamless tubes. ISMT pioneered seamless tube manufacturing in India and has made a place in the bearing, boiler tubes, automotive piping applications. Further, ISMT also has alloy steel manufacturing and is well known for bearing quality de-gassed quality steels and has replaced imports with made in India critical alloy steel. KIRLOSKAR FERROUS INDUSTRIES LIMITED For further Information Please Contact: KFIL Company Secretary Group Investor Relations Mr. Mayuresh Gharpure Ms. Mayura Bhusari Tel: (020) 69065040 Tel: (020) 67060374 Email: kfilinvestor@kirloskar.com Email: mayura.bhusari@kirloskar.com Kirloskar Ferrous Industries Limited A Kirloskar Group Company Registered Office : One Avante Level 5, Karve Road, Kothrud Pune 411038 Telephone : +91 (20) 69065040 Email : kfilinvestor@kirloskar.com Website : www.kirloskarferrous.com CIN : L27101PN1991PLC063223 Safe Harbor Statement Statements in this document, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.