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Kirloskar Oil Engines Ltd Q3FY24; 1% rise in Profits

KOEL, one of the flagship companies of the Kirloskar group, manufactures and services diesel engines and diesel generator sets. The company also makes diesel, petrol and kerosene-based pump sets. It has manufacturing units in Pune, Kagal, and Nashik. The company caters to the agriculture, power generation, and industrial sectors.

Financial Results:

Kirloskar Oil Engines Ltd reported Revenues for Q3FY24 of ₹1,390.00 Crores up from ₹1,220.00 Crore year on year, a rise of 13.93%.

Total Expenses for Q3FY24 of ₹1,245.00 Crores up from ₹1,111.00 Crores year on year, a rise of 12.06%.

Consolidated Net Profit of ₹89.00 Crores up 1.14% from ₹88.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.20, up 1.81% from ₹6.09 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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