Kirloskar Ferrous Industries Limited (BSE: 500245), a leading name in castings and pig iron manufacturing and a significant player in steel and seamless tubes in India, has announced its unaudited financial results for the first quarter of the fiscal year ending March 31, 2025. This marks the company’s first quarter following the merger with Indian […]
Kirloskar Ferrous Industries Limited (BSE: 500245), a leader in the castings and pig iron industry in India, reported its financial outcomes for the fourth quarter and the fiscal year ending March 31, 2024. While the company maintained stable revenue, it faced significant challenges impacting profitability, particularly due to subdued demand from the tractor industry and […]
Kirloskar Ferrous Industries Limited (KFIL), a principal player in the Indian castings and pig iron manufacturing sector, has announced the resumption of operations at its mini blast furnace located in Hiriyur. This strategic move, effective from April 15, 2024, comes after a brief suspension initiated on February 22, 2024, due to declining demand and falling […]
Kirloskar Ferrous Industries Limited said that it has completed the upgradation of the Mini Blast Furnace II (MBF-II) at its Koppal factory in Karnataka. Subsequently, the Indian castings and pig iron manufacturer has resumed the operations of MBF-11 today. Following the upgrade of MBF-11, the manufacturing capacity of pig iron with regard to the furnace […]
Kirloskar Ferrous Industries (KFIL) has secured regulatory approval for the previously announced INR 476.63 crores acquisition of a 51.25% stake in Indian Seamless Metal Tubes (ISMT). The deal, which was announced in November 2021, was approved by the Competition Commission of India (CCI). Based in Maharashtra, Indian Seamless Metal Tubes (ISMT) is an integrated specialized […]
Kirloskar Ferrous Industries (KFIL), an Indian castings and pig iron manufacturer, has signed a deal worth INR 476.63 crores to acquire a majority stake of 51.25% in Indian Seamless Metal Tubes (ISMT), an integrated specialized seamless tube manufacturer based in Maharashtra. The stake will be bought by subscription to Indian Seamless Metal Tubes’ equity shares […]