Kirloskar Brothers Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 14, 2024 at 03:20 am EST
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Kirloskar Brothers Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 9,648 million compared to INR 9,575 million a year ago. Revenue was INR 9,793 million compared to INR 9,616 million a year ago. Net income was INR 819 million compared to INR 887 million a year ago. Basic earnings per share from continuing operations was INR 10.31 compared to INR 11.16 a year ago. Diluted earnings per share from continuing operations was INR 10.31 compared to INR 11.16 a year ago.
For the nine months, sales was INR 27,774 million compared to INR 26,056 million a year ago. Revenue was INR 27,997 million compared to INR 26,198 million a year ago. Net income was INR 1,959 million compared to INR 1,348 million a year ago. Basic earnings per share from continuing operations was INR 24.67 compared to INR 16.97 a year ago. Diluted earnings per share from continuing operations was INR 24.67 compared to INR 16.97 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 
