Kirloskar Brothers Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2022
May 24, 2022 at 05:10 am EDT
Share
Kirloskar Brothers Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 9,544 million compared to INR 8,588 million a year ago. Revenue was INR 9,579 million compared to INR 8,802 million a year ago. Net income was INR 545 million compared to INR 829 million a year ago. Basic earnings per share from continuing operations was INR 6.86 compared to INR 10.44 a year ago. Diluted earnings per share from continuing operations was INR 6.86 compared to INR 10.44 a year ago.
For the full year, sales was INR 30,576 million compared to INR 27,165 million a year ago. Revenue was INR 30,900 million compared to INR 27,703 million a year ago. Net income was INR 943 million compared to INR 1,611 million a year ago. Basic earnings per share from continuing operations was INR 11.88 compared to INR 20.29 a year ago. Diluted earnings per share from continuing operations was INR 11.88 compared to INR 20.29 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.