Hot Pursuit     11-May-23
Kirloskar Brothers hits the roof after Q4 PAT soars 84% YoY
Kirloskar Brothers hit an upper circuit of Rs 20% to Rs 507.70 after the company's consolidated net profit surged 83.85% to Rs 100.2 crore in Q4 FY23 as against Rs 54.5 crore recorded in Q4 FY22.

Revenue from operations jumped 17.83% year on year to Rs 1,124.6 in the quarter ended 31 March 2023.

Consolidated profit before tax stood at Rs 132.2 crore in Q4 FY23, registering a growth of 81.59% from Rs 72.8 crore reported in the corresponding quarter previous year.

On full year basis, the company's consolidated net profit zoomed 149.2% to Rs 235 crore on 22% increase in revenue to Rs 3730.2 crore in FY23 over FY22.

Meanwhile, the firm's board has recommended a dividend of Rs 4.50 per equity share for the financial year 2022-23.

Kirloskar Brothers is engaged in providing fluid management solutions globally. The core products of the company are Engineered Pumps, Industrial Pumps, Agriculture and Domestic Pumps, Valves, and Hydro turbines.

The counter hit a 52-week high of Rs 507.70 in today's intraday session.

Previous News
  Board of Kirloskar Brothers recommends final dividend
 ( Corporate News - 12-May-23   10:42 )
  Kirloskar Brothers consolidated net profit declines 7.67% in the December 2023 quarter
 ( Results - Announcements 15-Feb-24   12:42 )
  Kirloskar Brothers intimates of disruptions in operations of Kirloskarvadi plant
 ( Corporate News - 27-Apr-21   20:40 )
  Kirloskar Brothers standalone net profit rises 92.31% in the March 2018 quarter
 ( Results - Announcements 11-May-18   17:28 )
  Kirloskar Brothers announces cessation of director
 ( Corporate News - 28-Jul-22   14:15 )
  Kirloskar Brothers appoints company secretary and compliance officer
 ( Corporate News - 19-Mar-22   12:25 )
  Kirloskar Brothers to conduct AGM
 ( Corporate News - 12-Jul-22   18:34 )
  Kirloskar Brothers to conduct board meeting
 ( Corporate News - 23-Jul-21   10:48 )
  Kirloskar Brothers schedules board meeting
 ( Corporate News - 24-Jan-22   19:11 )
  Kirloskar Brothers standalone net profit rises 8.11% in the September 2018 quarter
 ( Results - Announcements 25-Oct-18   16:16 )
  IFB Agro Industries Ltd leads gainers in 'B' group
 ( Hot Pursuit - 24-Nov-20   12:15 )
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