Kirloskar Pneumatic Company reports 10% rise in Q1 net profit

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

20 Jul 2023 Evaluate

Kirloskar Pneumatic Company has reported results for first quarter ended June 30, 2023 (Q1FY24).

Kirloskar Pneumatic Company has reported 10.20% rise in its net profit at Rs 17.93 crore for the quarter under review as compared to Rs 16.27 crore for the same quarter in the previous year. However, total income of the company decreased by 9.54% at Rs 247.96 crore for Q1FY24 as compared Rs 274.11 crore for the corresponding quarter 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	1738.05
Elgi Equipments	596.05
Shakti Pumps (India)	461.05
KSB	803.50
Oswal Pumps	270.20
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