Annual performance
Standalone sales for the period was higher by 4% to Rs 536.63 crore and with 180 bps expansion in OPM the operating profit was higher by 21% to Rs 67.43 crore. After accounting for higher other income (up 29% to Rs 19.67 crore spurred by Rs 10.15 crore profit from sales of stake in Kirloskar Chillers), lower depreciation and higher interest the PBT was up by 35% to Rs 69.76 crore. With taxation up 12% to Rs 17.06 crore, the net profit was up by 45% to Rs 52.70 crore.