Kirloskar Ferrous Industries 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 firm's consolidated net profit declined 20.9% to Rs 74.01 crore in Q1 FY24 as compared with Rs 9.56 crore posted in Q1 FY23. Net sales increased 0.6% to Rs 1,502.47 crore in Q1 FY24 as compared with Rs 1,493.82 crore in Q1 FY23.