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Kirloskar Brothers reports over 5-fold rise in Q2 net profit

18 Oct 2012 Evaluate

Kirloskar Brothers has reported results for second quarter ended September 30, 2012.

On standalone basis, the company has posted a rise of 400% in its net profit at Rs 14.75 crore for the quarter ended September 30, 2012 as compared to Rs 2.95 crore for the same quarter in the previous year. Total income has increased by 15.90% at Rs 476.92 crore for quarter under review as compared to Rs 411.48 crore for the quarter ended September 30, 2011.

Kirloskar Brothers is engaged in manufacturing pumps. It is a part of $2.2 billion Kirloskar group and India’s largest manufacturer and exporter of pumps and valves.

Peers
Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
Shakti Pumps (India) 466.85
KSB 817.95
Oswal Pumps 275.15
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