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Kirloskar Pneumatic reports net loss of Rs 1.59 crore in Q2

11 Oct 2017 Evaluate

Kirloskar Pneumatic Company has reported results for second quarter ended September 30, 2017.

The company has reported a net loss of Rs 1.59 crore for the quarter under review as compared to net profit of Rs 6.35 crore for the same quarter in the previous year. Total income of the company decreased by 29.10% at Rs 91.26 crore for Q2FY18 as compared Rs 128.71 crore for the corresponding quarter previous year.

Kirloskar Pneumatic Company is one of the core group companies. It operates in two segments: compression systems and transmission products. Compression system offers a range of air compressors in 15 product categories.

Peers
Company Name CMP
Kirloskar Brothers 1629.45
Elgi Equipments 556.10
Shakti Pumps (India) 348.80
KSB 629.60
Oswal Pumps 229.30
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