Hot Pursuit     01-Aug-23
Kirloskar Brothers spurts after Q1 PAT soars 314% YoY
Kirloskar Brothers surged 6.49% to Rs 813.40 after the company's consolidated net profit surged 313.64% to Rs 63.70 crore on 14.72% increase in net sales to Rs 899.50 crore in Q1 June 2023 over Q1 June 2022.
Profit before tax grew by 287.35% year on year to Rs 94.90 crore in the quarter ended 30 June 2023.

Total expenses rose 6.29% to Rs 815.10 crore in Q1 June 2023 over Q1 June 2022. During the quarter, cost of materials consumed stood at Rs 468.30 crore (up 9.29% YoY) while employee benefits expense was at Rs 152.40 crore (up 16.07% YoY).

Kirloskar Brothers engineers, manufactures and develops a range of leading-edge solutions for total fluidity management. Its capabilities span from large infrastructure projects such as water supply, power generation, irrigation, oil & gas and marine & defence to small pumps for domestic and agricultural use.

Previous News
  Kirloskar Brothers consolidated net profit declines 9.92% in the March 2025 quarter
 ( Results - Announcements 14-May-25   17:39 )
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 ( Market Beat - Reports 14-May-25   16:29 )
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 ( Hot Pursuit - 11-May-23   14:36 )
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 ( Hot Pursuit - 05-Aug-24   15:00 )
  Kirloskar Brothers consolidated net profit rises 83.85% in the March 2023 quarter
 ( Results - Announcements 11-May-23   14:22 )
  Kirloskar Brothers to pay dividend
 ( Market Beat - Reports 15-Jul-19   14:52 )
  Kirloskar Brothers standalone net profit rises 157.36% in the December 2019 quarter
 ( Results - Announcements 15-Feb-20   08:39 )
  Kirloskar Brothers consolidated net profit rises 260.43% in the March 2021 quarter
 ( Results - Announcements 26-May-21   07:45 )
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