Kirloskar Industries Ltd

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9 August 2021

BSE Limited Corporate Relationship Department 1st Floor, P. J. Towers, Dalal Street, Fort, Mumbai 400 001.

The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, C -1, Block G, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051.

BSE Scrip Code: 500243

NSE Scrip Code: KIRLOSIND

Sir / Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (LODR), including amendments thereunder, this is to inform you that the press release in respect of the Standalone and Consolidated Unaudited Financial Results of the Company for the quarter ended 30 June 2021, is enclosed.

You are requested to take the same on your record.

Thanking you.

For Kirloskar Industries Limited

Digitally signed Ashwini by Ashwini Vijay Mali Vijay Mali Date: 2021.08.09 13:27:11 +05'30'

Ashwini Mali Company Secretary & Compliance Officer

Encl.: As above

Kirloskar Industries Limited A Kirloskar Group Company

Regd. Office: Cello Platina, Office Number 801, Fergusson College Road, Shivajinagar, Pune- 411005 Tel: +91 (20) 29702374 Fax: +91 (20) 29704374 Website: www.kil.net.in CIN: L70100PN1978PLC088972

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PRESS RELEASE

KIL reports a good first quarter FY 2022 at consolidated level with 10% growth in Total Income, and 5% growth in PAT quarter on quarter*

– Pune, India August 9, 2021: Kirloskar Industries Ltd (KIL) (BSE: 500243; NSE: KIRLOSIND), announced today its financial results for the first quarter of financial year FY 2022 ended 30[th] June 2021.

Commenting on the Q1 FY 2022 results, Mr.Mahesh Chhabria, Managing Director, KIL, said “ We are pleased to announce a good first quarter, with 10% growth in Total Income and 5% growth in net profit quarter on quarter at consolidated level. Our performance reflects healthy first quarter numbers of our investee companies as well. Our wholly owned subsidiary, Avante Spaces Limited, is undertaking mixeduse development of approximately 1.8 million sq. ft. leasable area on the Kothrud property”

Review of Q1 FY 2021-22 Financial Performance (Consolidated):

Total Income at INR 832 Cr for Q1 FY22 vs INR 758 Cr for Q4 FY21; 10% increase Q-o-Q
PBT at INR 189 Cr for Q1 FY22 vs INR 171 Cr for Q4 FY21; 11% increase Q-o-Q
PAT* at INR 141 Cr for Q1 FY22 vs INR 134 Cr for Q4 FY21; 5% increase Q-o-Q

Review of Q1 FY 2021-22 Financial Performance (Standalone):

Previous quarter the company received dividend Income of INR 15.4 Cr. Hence, it would be appropriate to compare Y-o-Y performance
Total Income at INR 8 Cr for Q1FY22 vs INR 8 Cr for Q1 FY21; flat Y-o-Y
PBT at INR 4 Cr for Q1 FY22 vs INR 2 Cr for Q1 FY21; 71% increase Y-o-Y
PAT* at INR 3 Cr for Q1 FY22 vs INR 1 Cr for Q1 FY21; 115% increase Y-o-Y
*PAT is before Other Comprehensive Income

About Kirloskar Industries Ltd

Kirloskar Industries Ltd. is a public limited company on the Bombay Stock Exchange and the National Stock Exchange. The company was incorporated in 1978 and is engaged in wind power generation and has diversified into real estate development activities through its wholly owned subsidiary, Avante Spaces Limited. The company also invests in securities of group companies and has rented out commercial spaces.

For further Information Please Contact:

For further Information Please Contact:

KIL Company Secretary	Group Investor Relations
Ms. Ashwini MaliTel: (020) 2970 4374Email:[email protected]	Ms. Mayura BhusariTel: (020) 29704348Email: [email protected]

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