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Kirloskar Brothers Ltd Q1FY24; 300% rise in Profits

Kirloskar Brothers is a part of the Kirloskar Group engaged in the business of engineering and manufacturing of systems for fluid management. The core businesses include large infrastructure projects (Water Supply, Power Plants, and Irrigation), Pumps, Valves, Motors and Hydro turbines.

Financial Results:

  • Kirloskar Brothers Ltd reported Revenues for Q1FY24 of ₹900.00 Crores up from ₹784.00 Crore year on year, a rise of 14.8%.
  • Total Expenses for Q1FY24 of ₹816.00 Crores up from ₹766.00 Crores year on year, a rise of 6.53%.
  • Consolidated Net Profit of ₹64.00 Crores up 300.0% from ₹16.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹8.02, up 313.40% from ₹1.94 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Engineering
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