Kirloskar Brothers Ltd Share Price – NSE /  BSE

Capital Goods-Non Electrical Equipment, Small Cap

The resignation of Ravish Mittal has been accepted by the company on 23 December 2024. He will be relieved from his duties as per the policy of the company.

Kirloskar Brothers engineers, manufactures, and develops a range of leading-edge solutions for total fluidity management. Its capabilities span from large infrastructure projects such as water supply, power generation, irrigation, oil & gas and marine & defence to small pumps for domestic and agricultural use.

The company's consolidated net profit surged 89.88% to Rs 95.70 crore on 13.4% increase in revenue from operations to Rs 1,035.8 crore in Q2 FY25 over Q2 FY24.

The scrip rose 0.06% to currently trade at Rs 2,021.05 on the BSE.

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Profit before tax grew by 77.79% year on year to Rs 128.9 crore in the quarter ended 30 September 2024.

Total expenses rose 9.3% to Rs 921.3 crore in Q2 FY25 over Q2 FY24. During the quarter, cost of materials consumed stood at Rs 476.1 crore (up 8.88% YoY) while employee benefits expense was at Rs 176.2 crore (up 5.51% YoY).

Kirloskar Brothers engineers, manufactures and develops a range of leading-edge solutions for total fluidity management. Its capabilities span from large infrastructure projects such as water supply, power generation, irrigation, oil & gas and marine & defence to small pumps for domestic and agricultural use.

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Net profit of Kirloskar Brothers rose 89.88% to Rs 95.70 crore in the quarter ended September 2024 as against Rs 50.40 crore during the previous quarter ended September 2023. Sales rose 13.44% to Rs 1035.80 crore in the quarter ended September 2024 as against Rs 913.10 crore during the previous quarter ended September 2023.

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Kirloskar Brothers will hold a meeting of the Board of Directors of the Company on 29 October 2024.

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