India: Kirloskar Ferrous posts strong sales growth in FY22

  • Kirloskar Ferrous Industries Ltd (KFIL) – India’s leading castings and pig iron manufacturer – announced its financial results for the fiscal year 2022.
  • The company’s sales volume increased by 58% y-o-y on strong demand for castings from tractor and auto sectors. Also, demand for pig iron continues to be good with foundries working at peak levels.
  • The company’s MBF-2 is expected to be restarted soon after the completion of maintenance works in early-June.

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