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A decrease in the sales to Rs. 4552.50 millions was observed for the quarter ended December 2019. The sales stood at Rs. 5825.20 millions during the similar quarter previous year.Profit after Tax for the quarter ended December 2019 saw a decline of -32.28% from Rs. 344.50 millions to Rs. 233.30 millions.A decline of 532.00 millions was observed in the OP in the quarter ended December 2019 from 709.00 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 4552.50 5825.20 -21.85 14014.80 16191.10 -13.44 21591.50 17651.90 22.32 Other Income 4.60 4.40 4.55 21.10 16.20 30.25 55.30 51.60 7.17 PBIDT 532.00 709.00 -24.96 1417.40 1652.50 -14.23 2173.80 1149.20 89.16 Interest 40.70 46.10 -11.71 140.20 121.10 15.77 164.70 109.70 50.14 PBDT 491.30 662.90 -25.89 1277.20 1531.40 -16.60 2009.10 1039.50 93.28 Depreciation 147.70 140.10 5.42 428.30 399.10 7.32 542.00 495.30 9.43 PBT 343.60 522.80 -34.28 848.90 1132.30 -25.03 1467.10 544.20 169.59 TAX 110.30 178.30 -38.14 300.10 412.40 -27.23 486.00 164.20 195.98 Deferred Tax 3.00 45.60 -93.42 95.30 112.40 -15.21 112.80 24.80 354.84 PAT 233.30 344.50 -32.28 548.80 719.90 -23.77 981.10 380.00 158.18 Equity 688.60 686.50 0.31 688.60 686.50 0.31 688.20 686.50 0.25 PBIDTM(%) 11.69 12.17 -3.99 10.11 10.21 -0.91 10.07 6.51 54.64
The March 2019 quarter revenue stood at Rs. 5400.40 millions, up 12.56% as compared to Rs. 4798.00 millions during the corresponding quarter last year.The Profit for the quarter ended March 2019 of Rs. 261.20 millions grew by 75.07% from Rs. 149.20 millions.The company reported a good operating profit of 521.30 millions compared to 374.10 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 5400.40 4798.00 12.56 21591.50 17651.90 22.32 21591.50 17651.90 22.32 Other Income 39.10 31.40 24.52 55.30 51.60 7.17 55.30 51.60 7.17 PBIDT 521.30 374.10 39.35 2173.80 1149.20 89.16 2173.80 1149.20 89.16 Interest 43.60 30.30 43.89 164.70 109.70 50.14 164.70 109.70 50.14 PBDT 477.70 343.80 38.95 2009.10 1039.50 93.28 2009.10 1039.50 93.28 Depreciation 142.90 126.80 12.70 542.00 495.30 9.43 542.00 495.30 9.43 PBT 334.80 217.00 54.29 1467.10 544.20 169.59 1467.10 544.20 169.59 TAX 73.60 67.80 8.55 486.00 164.20 195.98 486.00 164.20 195.98 Deferred Tax 0.40 14.60 -97.26 112.80 24.80 354.84 112.80 24.80 354.84 PAT 261.20 149.20 75.07 981.10 380.00 158.18 981.10 380.00 158.18 Equity 688.20 686.50 0.25 688.20 686.50 0.25 688.20 686.50 0.25 PBIDTM(%) 9.65 7.80 23.80 10.07 6.51 54.64 10.07 6.51 54.64
A fair growth of 19.24% in the revenue at Rs. 5825.20 millions was reported in the December 2018 quarter as compared to Rs. 4885.20 millions during year-ago period.The Net Profit of the company vaulted to 214.04% to Rs. 344.50 millions from Rs. 109.70 millions in the previous quarter.The company reported a good operating profit of 709.00 millions compared to 314.20 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 5825.20 4885.20 19.24 16080.80 12754.20 26.08 17238.70 12767.60 35.02 Other Income 4.40 4.90 -10.20 16.20 20.20 -19.80 51.60 53.40 -3.37 PBIDT 709.00 314.20 125.65 1652.50 775.10 113.20 1149.20 1775.00 -35.26 Interest 46.10 27.60 67.03 121.10 79.40 52.52 109.70 105.40 4.08 PBDT 662.90 286.60 131.30 1531.40 695.70 120.12 1039.50 1669.60 -37.74 Depreciation 140.10 130.70 7.19 399.10 368.50 8.30 495.30 458.70 7.98 PBT 522.80 155.90 235.34 1132.30 327.20 246.06 544.20 1210.90 -55.06 TAX 178.30 46.20 285.93 412.40 96.40 327.80 164.20 332.60 -50.63 Deferred Tax 45.60 8.40 442.86 112.40 10.20 1001.96 24.80 39.40 -37.06 PAT 344.50 109.70 214.04 719.90 230.80 211.92 380.00 878.30 -56.73 Equity 686.50 686.50 0.00 686.50 686.50 0.00 686.50 686.50 0.00 PBIDTM(%) 12.17 6.43 89.24 10.28 6.08 69.09 6.67 13.90 -52.05
The sales surged to Rs. 4852.30 millions, up 28.71% for the June 2018 quarter as against Rs. 3770.00 millions during the corresponding quarter previous year.The Net Profit of the company reported a remarkable increase of 750.41% to Rs. 104.60 millions from Rs. 12.30 millions in previous same quarter.OP of the company witnessed a marginal growth to 349.90 millions from 165.40 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 4852.30 3770.00 28.71 4852.30 3770.00 28.71 17238.70 12767.60 35.02 Other Income 3.90 10.00 -61.00 3.90 10.00 -61.00 51.60 53.40 -3.37 PBIDT 349.90 165.40 111.55 349.90 165.40 111.55 1149.20 1775.00 -35.26 Interest 38.00 24.80 53.23 38.00 24.80 53.23 109.70 105.40 4.08 PBDT 311.90 140.60 121.83 311.90 140.60 121.83 1039.50 1669.60 -37.74 Depreciation 128.00 125.10 2.32 128.00 125.10 2.32 495.30 458.70 7.98 PBT 183.90 15.50 1086.45 183.90 15.50 1086.45 544.20 1210.90 -55.06 TAX 79.30 3.20 2378.12 79.30 3.20 2378.12 164.20 332.60 -50.63 Deferred Tax 18.10 -6.00 -401.67 18.10 -6.00 -401.67 24.80 39.40 -37.06 PAT 104.60 12.30 750.41 104.60 12.30 750.41 380.00 878.30 -56.73 Equity 686.50 686.50 0.00 686.50 686.50 0.00 686.50 686.50 0.00 PBIDTM(%) 7.21 4.39 64.36 7.21 4.39 64.36 6.67 13.90 -52.05
The sales for the March 2018 quarter moved up 29.86% to Rs. 4695.80 millions as compared to Rs. 3616.10 millions during the corresponding quarter last year.An average growth of 44.29% was recorded for the quarter ended March 2018 to Rs. 149.20 millions from Rs. 103.40 millions.Operating Profit saw a handsome growth to 374.10 millions from 239.10 millions in the quarter ended March 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201803 201703 % Var Sales 4695.80 3616.10 29.86 17238.70 12767.60 35.02 17238.70 12767.60 35.02 Other Income 34.30 12.90 165.89 51.60 53.40 -3.37 51.60 53.40 -3.37 PBIDT 374.10 239.10 56.46 1149.20 1775.00 -35.26 1149.20 1775.00 -35.26 Interest 30.30 23.70 27.85 109.70 105.40 4.08 109.70 105.40 4.08 PBDT 343.80 215.40 59.61 1039.50 1669.60 -37.74 1039.50 1669.60 -37.74 Depreciation 126.80 104.40 21.46 495.30 458.70 7.98 495.30 458.70 7.98 PBT 217.00 111.00 95.50 544.20 1210.90 -55.06 544.20 1210.90 -55.06 TAX 67.80 7.60 792.11 164.20 332.60 -50.63 164.20 332.60 -50.63 Deferred Tax 14.60 31.90 -54.23 24.80 39.40 -37.06 24.80 39.40 -37.06 PAT 149.20 103.40 44.29 380.00 878.30 -56.73 380.00 878.30 -56.73 Equity 686.50 686.50 0.00 686.50 686.50 0.00 686.50 686.50 0.00 PBIDTM(%) 7.97 6.61 20.49 6.67 13.90 -52.05 6.67 13.90 -52.05
The topline for the December 2017 quarter moved up 86.72% to Rs. 4769.80 millions as compared to Rs. 2554.50 millions during the year-ago period.A big decline of -35.62% was reported for the quarter ended December 2017 to Rs. 109.70 millions from Rs. 170.40 millions of corresponding previous quarter.The Operating Profit of the company witnessed a decrease to 314.90 millions from 343.90 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 4769.80 2554.50 86.72 12546.60 9161.10 36.96 11337.10 11139.30 1.78 Other Income 4.90 3.20 53.13 20.40 40.50 -49.63 55.50 22.50 146.67 PBIDT 314.90 343.90 -8.43 823.80 1547.30 -46.76 1809.90 1530.90 18.22 Interest 28.30 25.80 9.69 128.10 93.10 37.59 136.60 235.00 -41.87 PBDT 286.60 318.10 -9.90 695.70 1454.20 -52.16 1673.30 1295.90 29.12 Depreciation 130.70 117.40 11.33 368.50 354.30 4.01 458.70 443.70 3.38 PBT 155.90 200.70 -22.32 327.20 1099.90 -70.25 1214.60 852.20 42.53 TAX 46.20 30.30 52.48 96.40 325.00 -70.34 308.90 274.90 12.37 Deferred Tax 8.40 -7.40 -213.51 10.20 7.50 36.00 15.80 58.40 -72.95 PAT 109.70 170.40 -35.62 230.80 774.90 -70.22 905.70 577.30 56.89 Equity 686.50 686.60 -0.01 686.50 686.60 -0.01 686.54 686.54 0.00 PBIDTM(%) 6.60 13.46 -50.96 6.57 16.89 -61.13 15.96 13.74 16.16
Kirloskar Ferrous Industries is currently trading at Rs. 85.25, up by 2.10 points or 2.53% from its previous closing of Rs. 83.15 on the BSE.The scrip opened at Rs. 86.40 and has touched a high and low of Rs. 86.40 and Rs. 83.40 respectively. So far 36034 shares were traded on the counter.The BSE group `B` stock of face value Rs. 5 has touched a 52 week high of Rs. 112.00 on 10-Apr-2017 and a 52 week low of Rs. 64.70 on 21-Nov-2016.Last one week high and low of the scrip stood at Rs. 86.40 and Rs. 78.50 respectively. The current market cap of the company is Rs. 1170.55 crore.The promoters holding in the company stood at 59.56%, while Institutions and Non-Institutions held 2.54% and 37.90% respectively.Kirloskar Ferrous Industries has commenced operations of one Mini Blast Furnace at Koppal plant from August 16, 2017. Earlier in July, the company had temporarily suspended the operations of one Mini Blast Furnace at Koppal plant. Kirloskar Ferrous Industries is engaged in business of manufacturing pig iron and ferrous casting. At present the company is having two manufacturing plants, one at Koppal district in Karnataka state and another at Solapur in Maharashtra state.
Kirloskar Ferrous Industries is currently trading at Rs. 83.00, up by 4.05 points or 5.13% from its previous closing of Rs. 78.95 on the BSE.The scrip opened at Rs. 80.00 and has touched a high and low of Rs. 83.25 and Rs. 79.15 respectively. So far 62725 shares were traded on the counter.The BSE group `B` stock of face value Rs. 5 has touched a 52 week high of Rs. 112.00 on 10-Apr-2017 and a 52 week low of Rs. 64.70 on 21-Nov-2016.Last one week high and low of the scrip stood at Rs. 87.25 and Rs. 78.50 respectively. The current market cap of the company is Rs. 1143.09 crore.The promoters holding in the company stood at 59.56%, while Institutions and Non-Institutions held 2.55% and 37.89% respectively.Kirloskar Ferrous Industries has commenced operations of one Mini Blast Furnace at Koppal plant from August 16, 2017. Earlier in July, the company had temporarily suspended the operations of one Mini Blast Furnace at Koppal plant. Kirloskar Ferrous Industries is engaged in business of manufacturing pig iron and ferrous casting. At present the company is having two manufacturing plants, one at Koppal district in Karnataka state and another at Solapur in Maharashtra state.
The revenue for the June 2017 quarter is pegged at Rs. 3772.20 millions, about 12.12% up against Rs. 3364.30 millions recorded during the year-ago period.The company reported a drastic decline of -96.75% in the quarter ended June 2017 to Rs. 12.30 millions from Rs. 378.10 millions .The company reported a degrowth in operating Profit to 171.50 millions from 711.10 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 3772.20 3364.30 12.12 3772.20 3364.30 12.12 11337.10 11139.30 1.78 Other Income 10.20 33.80 -69.82 10.20 33.80 -69.82 55.50 22.50 146.67 PBIDT 171.50 711.10 -75.88 171.50 711.10 -75.88 1809.90 1530.90 18.22 Interest 30.90 43.70 -29.29 30.90 43.70 -29.29 136.60 235.00 -41.87 PBDT 140.60 667.40 -78.93 140.60 667.40 -78.93 1673.30 1295.90 29.12 Depreciation 125.10 119.40 4.77 125.10 119.40 4.77 458.70 443.70 3.38 PBT 15.50 548.00 -97.17 15.50 548.00 -97.17 1214.60 852.20 42.53 TAX 3.20 169.90 -98.12 3.20 169.90 -98.12 308.90 274.90 12.37 Deferred Tax -6.00 9.90 -160.61 -6.00 9.90 -160.61 15.80 58.40 -72.95 PAT 12.30 378.10 -96.75 12.30 378.10 -96.75 905.70 577.30 56.89 Equity 686.50 686.50 0.00 686.50 686.50 0.00 686.54 686.54 0.00 PBIDTM(%) 4.55 21.14 -78.49 4.55 21.14 -78.49 15.96 13.74 16.16
Kirloskar Ferrous Industries is currently trading at Rs. 76.60, up by 0.80 points or 1.06 % from its previous closing of Rs. 75.80 on the BSE.The scrip opened at Rs. 76.70 and has touched a high and low of Rs. 76.75 and Rs. 75.25 respectively. So far 1829 shares were traded on the counter.The BSE group `XC` stock of face value Rs. 5 has touched a 52 week high of Rs. 94.70 on 17-Oct-2016 and a 52 week low of Rs. 39.75 on 12-Feb-2016.Last one week high and low of the scrip stood at Rs. 78.40 and Rs. 74.40 respectively. The current market cap of the company is Rs. 1038.05 crore.The promoters holding in the company stood at 59.54%, while Institutions and Non-Institutions held 2.50% and 37.96% respectively.Kirloskar Ferrous Industries has completed up-gradation and resumed commercial production of a mini blast furnace at its plant in Koppal, Karnataka. The unit was shut on September 19 to upgrade the blast furnace.Kirloskar Ferrous Industries is engaged in business of manufacturing pig iron and ferrous casting. At present the company is having two manufacturing plants, one at Koppal district in Karnataka state and another at Solapur in Maharashtra state.
Kirloskar Ferrous Industries has informed about update on investment in S. L. Kirloskar CSR Foundation a Section 8 Company.The above information is a part of company’s filings submitted to BSE.
Kirloskar Ferrous Industries has informed about Shutdown of One Mini Blast Furnace for upgrade.The above information is a part of company’s filings submitted to BSE.