Kirloskar Pneumatic's shares steadied their decline by 9.45% to Rs 537.55 later in trade. Kirloskar Pneumatic shares fell over 11% after September-quarter profit declined 8% year-on-year, revenue dropped 16% and EBITDA fell 30%, squeezing operating margins. Market analysts and industry participants are closely tracking the development to assess its impact on consumer pricing, liquidity, and domestic business sentiment over the coming quarters.