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Kirloskar Ferrous merges with ISMT amid profit drop

Aug 05, 2026

Acquiring Company

Kirloskar Ferrous Industries Limited

Acquired Company

ISMT Ltd

BengaluruMadhya PradeshManufacturingAutomotiveManufacturingMiningPrecious MetalsBuilding Material

Description

Kirloskar Ferrous Industries experienced a substantial 65% drop in Q1 profit due to a one-time expense related to its merger with ISMT. Despite this setback, the company reported improved core operations with increased revenue and pre-tax profit before exceptional items.

Quick answer

Kirloskar Ferrous Industries Limited is acquiring ISMT Ltd, announced August 5, 2026. Kirloskar Ferrous Industries Limited is based in Bengaluru, Karnataka, India.

How much did Kirloskar Ferrous Industries Limited pay for ISMT Ltd?
The deal value was not disclosed.
What does Kirloskar Ferrous Industries Limited do?
Kirloskar Ferrous Industries Limited is a leading manufacturer of iron and steel products.
Where are Kirloskar Ferrous Industries Limited and ISMT Ltd based?
Kirloskar Ferrous Industries Limited is based in Bengaluru, Karnataka, India. ISMT Ltd is based in Madhya Pradesh, India.
Who are the decision-makers at Kirloskar Ferrous Industries Limited?
Fundz holds 4 contacts at Kirloskar Ferrous Industries Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Who to call at Kirloskar Ferrous Industries Limited, and when

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Company Information

Company

Kirloskar Ferrous Industries Limited

Location

Bengaluru, Karnataka, India

About

Kirloskar Ferrous Industries Limited is a leading manufacturer of iron and steel products. The company primarily operates in the automotive, infrastructure, and engineering sectors. They focus on sustainable growth and innovation in their product offerings. KFIL is committed to enhancing technological capabilities and improving operational efficiencies.

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Related People

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Ritesh
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Shivayya
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Frequently asked

Who acquired ISMT Ltd?

ISMT Ltd was acquired by Kirloskar Ferrous Industries Limited, based in Bengaluru. The deal was reported on August 5, 2026. Kirloskar Ferrous Industries Limited is a leading manufacturer of iron and steel products. The company primarily operates in the automotive, infrastructure, and engineering sectors. Kirloskar Ferrous Industries Limited is privately held and operates in Manufacturing.

When did Kirloskar Ferrous Industries Limited acquire ISMT Ltd?

Kirloskar Ferrous Industries Limited's acquisition of ISMT Ltd was reported on August 5, 2026. Kirloskar Ferrous Industries experienced a substantial 65% drop in Q1 profit due to a one-time expense related to its merger with ISMT. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ISMT Ltd do?

ISMT Ltd. is a prominent manufacturer of steel and alloy products in India. The company has a strong focus on the production of value-added steel products. ISMT is known for its technological advancements in manufacturing processes. It is privately held, operating in Manufacturing, and is based in Madhya Pradesh.

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