Hot Pursuit     05-May-21
Kirloskar Ferrous gains on strong Q4 performance
Kirloskar Ferrous Industries rose 3.69% to Rs 220.60 after the company's net profit jumped 135.4% to Rs 135.33 crore on a 67.1% increase in revenue from operations to Rs 748.70 crore in Q4 FY21 over Q4 FY20.

Profit before tax in Q4 FY21 stood at Rs 170.97 crore, up 139.8% from Rs 71.29 crore in Q4 FY20.

The company reported 168.9% increase in net profit to Rs 302.11 crore in the year ended 31 March 2021 compared with Rs 112.37 crore in the year ended 31 March 2020. Revenue from operations rose 10.2% to Rs 2,038.08 crore in FY21 over FY20.

The company's board has recommended a final dividend of Rs 3 per equity share for the financial year 2020–2021.

Kirloskar Ferrous Industries' principal activity is to manufacture and supply iron castings.

Previous News
  Kirloskar Ferrous Industries consolidated net profit declines 20.90% in the June 2023 quarter
 ( Results - Announcements 03-Aug-23   07:35 )
  Kirloskar Ferrous Industries standalone net profit declines 31.18% in the December 2021 quarter
 ( Results - Announcements 25-Jan-22   08:07 )
  Kirloskar Ferrous Industries fixes record date for interim dividend
 ( Market Beat - Reports 24-Jan-22   18:28 )
  Kirloskar Ferrous Industries allots 26,490 equity shares under ESOS
 ( Corporate News - 21-Apr-23   10:22 )
  Kirloskar Ferrous Industries allots 2.01 lakh equity shares under ESOS
 ( Corporate News - 10-Jan-22   12:12 )
  Kirloskar Ferrous Industries allots 3,830 equity shares under ESOS
 ( Corporate News - 02-Aug-23   18:09 )
  Kirloskar Ferrous Industries temporarily suspends operation of mini blast furnace at Hiriyur
 ( Corporate News - 20-Feb-23   10:28 )
  Kirloskar Ferrous to acquire a majority stake in ISMT
 ( Hot Pursuit - 26-Nov-21   12:23 )
  Kirloskar Ferrous Industries standalone net profit declines 35.62% in the December 2017 quarter
 ( Results - Announcements 24-Jan-18   15:04 )
  Kirloskar Ferrous Industries resumes operation of mini blast furnace in Karnataka
 ( Corporate News - 07-May-20   15:50 )
  Kirloskar Ferrous Industries to conduct AGM
 ( Corporate News - 14-Jun-19   17:40 )
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