Kirloskar Brothers Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 07, 2023 at 04:08 am EST
Share
Kirloskar Brothers Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 9,131 million compared to INR 8,640 million a year ago. Revenue was INR 9,154 million compared to INR 8,680 million a year ago. Net income was INR 504 million compared to INR 307 million a year ago. Basic earnings per share from continuing operations was INR 6.35 compared to INR 3.87 a year ago. Diluted earnings per share from continuing operations was INR 6.35 compared to INR 3.87 a year ago.
For the six months, sales was INR 18,126 million compared to INR 16,481 million a year ago. Revenue was INR 18,204 million compared to INR 16,582 million a year ago. Net income was INR 1,141 million compared to INR 461 million a year ago. Basic earnings per share from continuing operations was INR 14.36 compared to INR 5.81 a year ago. Diluted earnings per share from continuing operations was INR 14.36 compared to INR 5.81 a year ago.
Kirloskar Brothers Limited is engaged in engineering and manufacturing a range of pumps, valves, hydro-turbines and systems for multiple applications. It specializes in engineering and manufacturing of fluid management systems. The Companyâs business verticals include building and construction, process industry, irrigation, marine and defense, oil and gas, power, valves, water resource management, and retail pumps. It provides complete fluid management solutions for large infrastructure projects in the areas of water supply, power plants, irrigation, building and construction, oil and gas industry, and marine and defense. The Company manufactures industrial, agriculture and domestic pumps, valves and hydro-turbines. Its product type includes end suction pumps, split-case pumps, multi-stage pump, sump pump, vertical inline pump, vertical turbine pump, non-clog submersible pump, and special engineered pump. Its applications include water distribution, lift irrigation, and desalination.
KIRLOSKAR BROTHERS LIMITED 
