Net loss of Kirloskar Pneumatic Company reported to Rs 2.45 crore in the quarter ended June 2017 as against net profit of Rs 9.45 crore during the previous quarter ended June 2016. Sales declined 26.02% to Rs 86.36 crore in the quarter ended June 2017 as against Rs 116.74 crore during the previous quarter ended June 2016.

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The result was announced during market hours today, 27 July 2017.

Meanwhile, the S&P BSE Sensex was up 167.95 points, or 0.52% at 32,550.41. The S&P BSE Small-Cap index was down 73.61 points or 0.46% at 16,025.03.

High volumes were witnessed on the counter. On the BSE, 9,644 shares were traded on the counter so far as against the average daily volumes of 1,524 shares in the past one quarter. The stock had hit a high of Rs 1,077.40 and a low of Rs 945 so far during the day. The stock had hit a record high of Rs 1,389 on 13 April 2017 and a 52-week low of Rs 681 on 21 November 2016.

The stock had underperformed the market over the past one month till 26 July 2017, declining 8.29% compared with the Sensex's 4% rise. The scrip had also underperformed the market over the past one quarter sliding 14.06% as against the Sensex's 7.46% rise. The scrip had, however, outperformed the market over the past one year gaining 25.44% as against the Sensex's 15.75% rise.

The small-cap company has equity capital of Rs 19.85 crore. Face value per share is Rs 10.

Kirloskar Pneumatic Company's total income fell 25.8% to Rs 96.91 crore in Q1 June 2017 over Q1 June 2016.

Kirloskar Pneumatic Company is engaged in the manufacture of compressors, gears and gear boxes. The company's segments include compression products and systems and transmission products.

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Kirloskar Pneumatic Company will hold a meeting of the Board of Directors of the Company on 27 July 2017.

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Kirloskar Pneumatic Company has fixed 20 July 2017 as record date for dividend. The dividend will be paid on after 27 July 2017.

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