Kirloskar Brothers Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 10, 2023 at 03:53 am EST
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Kirloskar Brothers Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 9,675 million compared to INR 7,253 million a year ago. Revenue was INR 9,616 million compared to INR 7,412 million a year ago. Net income was INR 887 million compared to INR 217 million a year ago. Basic earnings per share from continuing operations was INR 11.16 compared to INR 2.73 a year ago. Diluted earnings per share from continuing operations was INR 11.16 compared to INR 2.73 a year ago.
For the nine months, the company reported sales was INR 26,056 million compared to INR 21,032 million a year ago. Revenue was INR 26,198 million compared to INR 21,388 million a year ago. Net income was INR 1,348 million compared to INR 398 million a year ago. Basic earnings per share from continuing operations was INR 16.97 compared to INR 5.01 a year ago. Diluted earnings per share from continuing operations was INR 16.97 compared to INR 5.01 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 
