Kirloskar Brothers Investments has reported results for first quarter ended June 30, 2012.
On the standalone basis, the company has reported net loss of Rs 0.58 crore for the quarter ended June 30, 2012, against net profit of Rs 80.82 crore for the corresponding period last fiscal. Total income decreased by 99.85% at Rs 0.15 crore during the quarter under review from Rs 99.42 crore in the year-ago period.
Kirloskar Brothers Investments operates as an investment company in India. It involves in buying, selling, investing, and acquiring by gift, transfer, and allotment, as well as holding in its name shares, stock, papers, debenture stocks, bonds, commercial papers, obligations, and securities of any kind issued and/or guaranteed by Kirloskar Group Companies and/or their affiliates under any scheme of arrangement/merger/demerger or under any court order or by way of transfer and allotment.
