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Kirloskar Industries Ltd Q3FY24; 21% 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 company 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 Q3FY24 of ₹1,554.00 Crores down from ₹1,606.00 Crore year on year, a fall of 3.24%.

Total Expenses for Q3FY24 of ₹1,419.00 Crores down from ₹1,433.00 Crores year on year, a fall of 0.98%.

Consolidated Net Profit of ₹105.00 Crores down 21.05% from ₹133.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹43.42, down 32.35% from ₹64.18 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.

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