Kirloskar Pneumatic Company reports over 2-fold jump in Q2 net profit

Kirloskar Pneumatic Company Ltd. | Compressors / Pumps | Capital Goods & Industrial Consumables | BSE: 505283 | NSE: KIRLPNU

19 Oct 2022 Evaluate

Kirloskar Pneumatic Company has reported results for second quarter ended September 30, 2022

The company has reported over 2-fold jump in its net profit at Rs 27.21 crore for Q2FY23 as compared to Rs 11.37 crore for the corresponding quarter previous year. Total income of the company increased by 30.26% to Rs 299.61 crore for the quarter under review as compared to Rs 230.01 crore for the same quarter in the previous year.

Kirloskar Pneumatic Company established in 1958 is India’s leading name in Compressed Air, Air-conditioning & Refrigeration and Hydraulic Power Transmission. The company is now a part of Kirloskar group.

Peers

Company Name	CMP
Kirloskar Brothers	1731.20
Elgi Equipments	595.95
Shakti Pumps (India)	469.70
KSB	801.10
Oswal Pumps	269.65
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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