Kirloskar Brothers Q2 profit rises 11.5% to ₹75.2 crore, revenue up 24%


Kirloskar Brothers Ltd. reported an 11.5% year-on-year increase in net profit to ₹75.2 crore for the second quarter, compared with ₹67.4 crore a year earlier.

Revenue rose 24.2% to ₹1,277 crore from ₹1,028 crore in the year-ago quarter.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 14.7% to ₹124 crore from ₹108 crore a year earlier.

However, the EBITDA margin contracted by 90 basis points to 9.7% from 10.6% a year ago.

Kirloskar Brothers shares ended 0.70% lower at ₹1,551.50 on Tuesday.

Also Read: Honeywell Automation India Q2 profit rises 12% YoY to ₹134 crore



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *