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Kirloskar Brothers reports over 8-fold jump in Q2 consolidated net profit

10 Nov 2022 Evaluate

Kirloskar Brothers reported results for second quarter ended September 30, 2022.

The company has reported rise of 17.82% in its net profit at Rs 20.50 crore for Q2FY23 as compared to Rs 17.40 crore for the corresponding quarter previous year. Total income of the company increased by 19.88% to Rs 598.90 crore for the quarter under review as compared to Rs 499.60 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported over 8-fold jump in its net profit at Rs 30.00 crore for the quarter under review as compared to Rs 3.80 crore for the same quarter in the previous year. However, total income of the company increased by 15.10% to Rs 868.00 crore for the quarter under review as compared to Rs 754.10 crore for the same quarter in the previous year.

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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