Kirloskar Brothers spurts on reporting over 8-fold jump in Q2 consolidated net profit

11 Nov 2022 Evaluate

Kirloskar Brothers is currently trading at Rs. 377.40, up by 8.05 points or 2.18% from its previous closing of Rs. 369.35 on the BSE.

The scrip opened at Rs. 379.10 and has touched a high and low of Rs. 380.50 and Rs. 370.75 respectively. So far 2118 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 398.70 on 12-Jan-2022 and a 52 week low of Rs. 243.00 on 27-May-2022.

Last one week high and low of the scrip stood at Rs. 389.75 and Rs. 340.00 respectively. The current market cap of the company is Rs. 2965.53 crore.

The promoters holding in the company stood at 65.95%, while Institutions and Non-Institutions held 10.54% and 23.52% respectively.

Kirloskar Brothers has reported rise of 17.82% in its net profit at Rs 20.50 crore for second quarter ended September 30, 2022 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 second quarter ended September 30, 2022 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.

Kirloskar Brothers Share Price

2021.15 -141.05 (-6.52%)
23-Dec-2024 13:35 View Price Chart
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