Kirloskar Electric Company Ltd, established in 1946, is an electrical engineering company that produces AC Motors, DC Motors, Transformers, Switchgear and Electronics through nine
manufacturing units. It caters to core sectors like power generation, transmission and distribution, transportation, and renewable energy, sugar, steel, cement, and allied industries.
Financial Results:
- Kirloskar Electric Company Ltd reported Revenues for Q1FY24 of ₹117.57 Crores up from ₹102.26 Crore year on year, a rise of 14.97%.
- Total Expenses for Q1FY24 of ₹116.96 Crores up from ₹109.34 Crores year on year, a rise of 6.97%.
- Consolidated Net Profit of ₹1.83 Crores from -₹4.71 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹0.28, from -₹0.71 in the same quarter of the previous year.