27 May 2019 | 12:22 AM


Kirloskar Bros. Q4 net profit up 11.69% at Rs 36.30 cr
Published on 05-16-2019
The company reported standalone net profit of Rs 36.30 crore for the quarter ended March 31 2019 as compared to Rs 32.50 crore in the same period last year registering a year-on-year growth of 11.69 per cent.

Net revenue of the company rose substantially by 23.81 per cent at Rs 761.20 crore in January-March quarter of this fiscal as against Rs 614.80 crore in the corresponding period last year.

During January-March quarter operating expenses increased by 24.14 per cent to Rs 688.60 crore from Rs 554.70 crore in year ago period.

Other Income dipped by 87.50 per cent at Rs 0.70 crore versus (Mar`18 Rs 5.60 crore).

Operating Profit surged by 20.80 per cent to Rs 72.60 crore as against Rs 60.10 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 2.45 per cent in March quarter.

Interest grew by 9.86 per cent y-o-y to Rs 7.80 crore while Taxation increased by 12.00 per cent at Rs 19.60 crore (Mar`18 Rs 17.50 crore).