Kirloskar Brothers Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 14, 2024 at 10:46 am
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Kirloskar Brothers Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 12,238 million compared to INR 11,246 million a year ago. Revenue was INR 12,601 million compared to INR 11,377 million a year ago. Net income was INR 1,522 million compared to INR 1,002 million a year ago. Basic earnings per share from continuing operations was INR 19.16 compared to INR 12.62 a year ago. Diluted earnings per share from continuing operations was INR 19.16 compared to INR 12.62 a year ago.
For the full year, sales was INR 40,012 million compared to INR 37,302 million a year ago. Revenue was INR 40,598 million compared to INR 37,575 million a year ago. Net income was INR 3,482 million compared to INR 2,350 million a year ago. Basic earnings per share from continuing operations was INR 43.84 compared to INR 29.59 a year ago. Diluted earnings per share from continuing operations was INR 43.84 compared to INR 29.59 a year ago.
Kirloskar Brothers Limited is engaged in engineering and manufacturing a range of pumps, valves, hydro-turbines and systems for multiple applications. It specializes in engineering and manufacturing of fluid management systems. The Companyâs business verticals include building and construction, process industry, irrigation, marine and defense, oil and gas, power, valves, water resource management, and retail pumps. It provides complete fluid management solutions for large infrastructure projects in the areas of water supply, power plants, irrigation, building and construction, oil and gas industry, and marine and defense. The Company manufactures industrial, agriculture and domestic pumps, valves and hydro-turbines. Its product type includes end suction pumps, split-case pumps, multi-stage pump, sump pump, vertical inline pump, vertical turbine pump, non-clog submersible pump, and special engineered pump. Its applications include water distribution, lift irrigation, and desalination.
KIRLOSKAR BROTHERS LIMITED 
