Kirloskar Brothers Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
January 27, 2017 at 02:17 pm IST
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Kirloskar Brothers Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. The company reported income from operations of INR 4,502.312 million, profit from operations before other income, finance costs and exceptional items of INR 95.775 million, profit from ordinary activities before tax of INR 33.833 million, net profit of INR 20.997 million or INR 0.26 per basic and diluted share before and after extra ordinary items against income from operations of INR 4,182.809 million, loss from operations before other income, finance costs and exceptional items of INR 49.141 million, loss from ordinary activities before tax of INR 123.895 million, net loss of INR 123.143 million or INR 1.55 per basic and diluted share before and after extra ordinary items a year ago.
For the nine months, the company reported income from operations of INR 12,119.235 million, profit from operations before other income, finance costs and exceptional items of INR 345.229 million, profit from ordinary activities before tax of INR 226.722 million, net profit of INR 160.541 million or INR 2.02 per basic and diluted share before and after extra ordinary items against income from operations of INR 11,814.534 million, profit from operations before other income, finance costs and exceptional items of INR 73.144 million, loss from ordinary activities before tax of INR 59.408 million, net loss of INR 48.441 million or INR 0.61 per basic and diluted share before and after extra ordinary items a year ago.
Kirloskar Brothers Limited is engaged in engineering and manufacturing a range of pumps, valves, hydro-turbines and systems for multiple applications. It specializes in engineering and manufacturing of fluid management systems. The Companyâs business verticals include building and construction, process industry, irrigation, marine and defense, oil and gas, power, valves, water resource management, and retail pumps. It provides complete fluid management solutions for large infrastructure projects in the areas of water supply, power plants, irrigation, building and construction, oil and gas industry, and marine and defense. The Company manufactures industrial, agriculture and domestic pumps, valves and hydro-turbines. Its product type includes end suction pumps, split-case pumps, multi-stage pump, sump pump, vertical inline pump, vertical turbine pump, non-clog submersible pump, and special engineered pump. Its applications include water distribution, lift irrigation, and desalination.