Kirloskar Brothers Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 10, 2022 at 08:20 am
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Kirloskar Brothers Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 8,640 million compared to INR 7,513 million a year ago. Revenue was INR 8,680 million compared to INR 7,541 million a year ago. Net income was INR 307 million compared to INR 60 million a year ago. Basic earnings per share from continuing operations was INR 3.87 compared to INR 0.76 a year ago. Diluted earnings per share from continuing operations was INR 3.87 compared to INR 0.76 a year ago.
For the six months, sales was INR 16,481 million compared to INR 13,779 million a year ago. Revenue was INR 16,582 million compared to INR 13,976 million a year ago. Net income was INR 461 million compared to INR 181 million a year ago. Basic earnings per share from continuing operations was INR 5.81 compared to INR 2.29 a year ago. Diluted earnings per share from continuing operations was INR 5.81 compared to INR 2.29 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 
