Shares of Kirloskar Industries Ltd. gained on Thursday, October 23, after the company said it has won an order worth ₹358 crore from the Oil and Natural Gas Corporation Ltd . (ONGC).
The order is for the supply of regular EUE tubing, pup joints and cross overs in accordance with the terms and conditions mentioned in the contract.
The order is to be executed from October 21, 2025 to October 20, 2026.
On another note , Kirloskar Industries reported a consolidated net profit of ₹127.2 crore in the first quarter of this fiscal, up 29.1% from the previous year's ₹98.5 crore.
Its revenue from operations increased 5.4% to ₹1,681 crore from ₹1,553 crore in the year-ago period.
The company's earnings before interest, tax, depreciation and amortisation (EBITDA) increased 16% to ₹216.9 cror