Kirloskar Brothers Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021
February 10, 2022 at 03:34 am EST
Share
Kirloskar Brothers Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 7,253 million compared to INR 7,608 million a year ago. Revenue was INR 7,412 million compared to INR 7,724 million a year ago. Net income was INR 217 million compared to INR 705 million a year ago. Basic earnings per share from continuing operations was INR 2.73 compared to INR 8.88 a year ago. Diluted earnings per share from continuing operations was INR 2.73 compared to INR 8.88 a year ago.
For the nine months, sales was INR 21,032 million compared to INR 18,577 million a year ago. Revenue was INR 21,368 million compared to INR 18,901 million a year ago. Net income was INR 398 million compared to INR 782 million a year ago. Basic earnings per share from continuing operations was INR 5.01 compared to INR 9.85 a year ago. Diluted earnings per share from continuing operations was INR 5.01 compared to INR 9.85 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 
