Total expense jumped 11.03% year on year to Rs 1,637.68 crore during the quarter. The cost of materials consumed was Rs 917.86 crore (up 5.97% YoY), while other expenses stood at Rs 426.84 crore (up 3.86% YoY) during the period under review.

On a full-year basis, the company's net profit fell 1.22% to Rs 294.04 crore on a 6.8% rise in revenue to Rs 6,564.23 crore in FY25 over FY24.

Meanwhile, the company's board has recommended the final dividend of Rs 2.50 per equity share of Rs 5 each for the financial year 2024'2025 for approval of the members of the company at the ensuing annual general meeting.

Additionally, the board approved seeking shareholder approval to raise up to Rs 1,000 crore through the issuance of non-convertible debentures (NCDs) in one or more tranches.

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.

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