Kirloskar Pneumatic falls 2% on revenue decline for Q1

The company observed that lack of export orders and muted pace of clearance for installation of CNG (compressed-natural-gas) packages in its business verticals, dented its revenue for the recently ended quarter.
20-07-2023
Bigul

Q1FY24 Quarterly Result Announced for Kirloskar Pneumatic Company Ltd.

Industrial Machinery Company Kirloskar Pneumatic Company announced Q1FY24 results: Revenue from operations was lower at Rs 242 crore as against Rs 272 crore in Q1FY23, a degrowth of about 10%. Consequentially total Income stood at Rs 248 crore as against Rs 274 crore of Q1FY23. EBITDA margin however improved to 13% of total income compared to 10.9% in Q1FY23 PBT was at Rs 23.50 crore (9.5% of total income) compared to Rs 21.72 crore (7.9%) of Q1FY23, registering a growth of over 8% Profit After Tax improved to 7.2% of the total income and stood at Rs 17.93 crore representing 10% growth over net profit of the Q1FY23 when it stood at Rs 16.27 crore ( 5.9% of total income ) Order book stood around Rs 1,350 crore as on 1st July 23, is over Rs 200 crore higher than at the beginning of the quarter. Basic EPS in CY improved to Rs 2.77 per share compared to Rs 2.52 in the PY Result PDF
20-07-2023
Next Page
Close

Let's Open Free Demat Account