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Kirloskar Industries Ltd Q1FY24; 9% fall in Profits

Kirloskar Ind is engaged in the business of Iron castings, Investments (Securities and Properties), Wind power generation and real estate.
The Company owns lands, buildings, apartments and offices in Pune, New Delhi and Jaipur. The Co. has given most of these lands, buildings and offices on a lease and license basis to the group and other companies.


Financial Results:

  • Kirloskar Industries Ltd reported Revenues for Q1FY24 of ₹1,508.00 Crores up from ₹1,496.00 Crore year on year, a rise of 0.8%.
  • Total Expenses for Q1FY24 of ₹1,377.00 Crores down from ₹1,386.00 Crores year on year, a fall of 0.65%.
  • Consolidated Net Profit of ₹94.00 Crores down 8.74% from ₹103.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹41.13, down 16.77% from ₹49.42 in the same quarter of the previous year.
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