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A decrease in the sales to Rs. 16.70 millions was observed for the quarter ended December 2019. The sales stood at Rs. 20.00 millions during the similar quarter previous year.Profit after tax for the quarter ended December 2019 reported a huge growth of 79.21% to Rs. 31.90 millions from Rs. 17.80 millions.Operating profit for the quarter ended December 2019 rose to 49.00 millions as compared to 33.90 millions of corresponding quarter ended December 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 16.70 20.00 -16.50 316.50 344.40 -8.10 460.30 383.70 19.96 Other Income 69.50 69.70 -0.29 228.50 236.30 -3.30 318.90 337.70 -5.57 PBIDT 49.00 33.90 44.54 433.50 454.40 -4.60 607.30 522.10 16.32 Interest 3.20 3.10 3.23 9.30 11.10 -16.22 13.70 15.50 -11.61 PBDT 45.80 30.80 48.70 424.20 443.30 -4.31 593.60 506.60 17.17 Depreciation 7.50 6.70 11.94 21.90 18.80 16.49 25.60 15.00 70.67 PBT 38.30 24.10 58.92 402.30 424.50 -5.23 568.00 491.60 15.54 TAX 6.40 6.30 1.59 42.90 53.60 -19.96 72.90 67.40 8.16 Deferred Tax -1.60 2.30 -169.57 0.90 8.60 -89.53 15.10 -3.20 -571.88 PAT 31.90 17.80 79.21 359.40 370.90 -3.10 495.10 424.20 16.71 Equity 97.10 97.10 0.00 97.10 97.10 0.00 97.10 97.10 0.00 PBIDTM(%) 293.41 169.50 73.11 136.97 131.94 3.81 131.94 136.07 -3.04
The sales is pegged at Rs. 280.10 millions for the September 2019 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 305.40 millions during the year-ago period.The Net proft of the company remain more or less same to Rs. 298.80 millions from Rs. 318.30 millions ,decline by -6.13%.The company reported a degrowth in operating Profit to 331.80 millions from 360.40 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201909 201809 % Var 201909 201809 % Var 201903 201803 % Var Sales 280.10 305.40 -8.28 299.80 324.40 -7.58 460.30 383.70 19.96 Other Income 89.60 81.20 10.34 159.00 166.60 -4.56 318.90 337.70 -5.57 PBIDT 331.80 360.40 -7.94 384.50 420.50 -8.56 607.30 522.10 16.32 Interest 3.10 3.80 -18.42 6.10 8.00 -23.75 13.70 15.50 -11.61 PBDT 328.70 356.60 -7.82 378.40 412.50 -8.27 593.60 506.60 17.17 Depreciation 7.40 6.70 10.45 14.40 12.10 19.01 25.60 15.00 70.67 PBT 321.30 349.90 -8.17 364.00 400.40 -9.09 568.00 491.60 15.54 TAX 22.50 31.60 -28.80 36.50 47.30 -22.83 72.90 67.40 8.16 Deferred Tax 2.00 7.10 -71.83 2.50 6.30 -60.32 15.10 -3.20 -571.88 PAT 298.80 318.30 -6.13 327.50 353.10 -7.25 495.10 424.20 16.71 Equity 97.10 97.10 0.00 97.10 97.10 0.00 97.10 97.10 0.00 PBIDTM(%) 118.46 118.01 0.38 128.25 129.62 -1.06 131.94 136.07 -3.04
The Total revenue for the quarter ended June 2019 of Rs. 19.70 millions remain, more or less, the same.The Net proft of the company remain more or less same to Rs. 28.70 millions from Rs. 34.80 millions ,decline by -17.53%.Operating Profit reported a sharp decline to 52.70 millions from 60.10 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 19.70 19.00 3.68 19.70 19.00 3.68 460.30 383.70 19.96 Other Income 69.40 85.40 -18.74 69.40 85.40 -18.74 318.90 337.70 -5.57 PBIDT 52.70 60.10 -12.31 52.70 60.10 -12.31 607.30 522.10 16.32 Interest 3.00 4.20 -28.57 3.00 4.20 -28.57 13.70 15.50 -11.61 PBDT 49.70 55.90 -11.09 49.70 55.90 -11.09 593.60 506.60 17.17 Depreciation 7.00 5.40 29.63 7.00 5.40 29.63 25.60 15.00 70.67 PBT 42.70 50.50 -15.45 42.70 50.50 -15.45 568.00 491.60 15.54 TAX 14.00 15.70 -10.83 14.00 15.70 -10.83 72.90 67.40 8.16 Deferred Tax 0.50 -0.80 -162.50 0.50 -0.80 -162.50 15.10 -3.20 -571.88 PAT 28.70 34.80 -17.53 28.70 34.80 -17.53 495.10 424.20 16.71 Equity 97.10 97.10 0.00 97.10 97.10 0.00 97.10 97.10 0.00 PBIDTM(%) 267.51 316.32 -15.43 267.51 316.32 -15.43 131.94 136.07 -3.04
Revenue reduced marginally to stand at Rs. 20.00 millions during the quarter ended December 2018. The figure stood at Rs. 20.40 millions during the year-ago period.A slender decline of -28.51% was recorded to Rs. 17.80 millions from Rs. 24.90 millions in the corresponding previous quarter.The company reported a degrowth in operating Profit to 33.90 millions from 50.60 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 20.00 20.40 -1.96 331.60 332.20 -0.18 24.80 35.30 -29.75 Other Income 69.70 84.80 -17.81 249.10 266.80 -6.63 779.10 444.30 75.35 PBIDT 33.90 50.60 -33.00 454.40 489.60 -7.19 604.20 384.60 57.10 Interest 3.10 4.10 -24.39 11.10 11.50 -3.48 0.00 0.00 0.00 PBDT 30.80 46.50 -33.76 443.30 478.10 -7.28 604.20 384.60 57.10 Depreciation 6.70 4.60 45.65 18.80 10.30 82.52 15.80 10.00 58.00 PBT 24.10 41.90 -42.48 424.50 467.80 -9.26 588.40 374.60 57.07 TAX 6.30 17.00 -62.94 53.60 57.50 -6.78 58.60 86.40 -32.18 Deferred Tax 2.30 3.40 -32.35 8.60 1.90 352.63 -6.70 2.90 -331.03 PAT 17.80 24.90 -28.51 370.90 410.30 -9.60 529.80 288.20 83.83 Equity 97.10 97.10 0.00 97.10 97.10 0.00 97.10 97.10 0.00 PBIDTM(%) 169.50 248.04 -31.66 137.03 147.38 -7.02 2436.29 1089.52 123.61
The total revenue surged to Rs. 14.50 millions, up 184.31% for the September 2018 quarter as against Rs. 5.10 millions during the year-ago period.The Net proft of the company remain more or less same to Rs. 318.30 millions from Rs. 331.90 millions ,decline by -4.10%.Operating profit for the quarter ended September 2018 rose to 360.40 millions as compared to 358.50 millions of corresponding quarter ended September 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 14.50 5.10 184.31 20.70 9.80 111.22 24.80 35.30 -29.75 Other Income 372.10 386.20 -3.65 470.30 484.00 -2.83 779.10 444.30 75.35 PBIDT 360.40 358.50 0.53 420.50 439.00 -4.21 604.20 384.60 57.10 Interest 3.80 3.70 2.70 8.00 7.40 8.11 0.00 0.00 0.00 PBDT 356.60 354.80 0.51 412.50 431.60 -4.43 604.20 384.60 57.10 Depreciation 6.70 3.40 97.06 12.10 5.70 112.28 15.80 10.00 58.00 PBT 349.90 351.40 -0.43 400.40 425.90 -5.99 588.40 374.60 57.07 TAX 31.60 19.50 62.05 47.30 40.50 16.79 58.60 86.40 -32.18 Deferred Tax 7.10 -0.50 -1520.00 6.30 -1.50 -520.00 -6.70 2.90 -331.03 PAT 318.30 331.90 -4.10 353.10 385.40 -8.38 529.80 288.20 83.83 Equity 97.10 97.10 0.00 97.10 97.10 0.00 97.10 97.10 0.00 PBIDTM(%) 2485.52 7029.41 -64.64 2031.40 4479.59 -54.65 2436.29 1089.52 123.61
The Sales for the quarter ended June 2018 of Rs. 6.20 millions rose by 31.91% from Rs. 4.70 millions.The Net Profit of the company slipped to Rs. 34.80 millions from Rs. 53.50 millions, a decline of -34.95% on QoQ basis.Operating Profit reported a sharp decline to 60.10 millions from 80.50 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 6.20 4.70 31.91 6.20 4.70 31.91 24.80 35.30 -29.75 Other Income 98.20 97.80 0.41 98.20 97.80 0.41 779.10 444.30 75.35 PBIDT 60.10 80.50 -25.34 60.10 80.50 -25.34 604.20 384.60 57.10 Interest 4.20 3.70 13.51 4.20 3.70 13.51 0.00 0.00 0.00 PBDT 55.90 76.80 -27.21 55.90 76.80 -27.21 604.20 384.60 57.10 Depreciation 5.40 2.30 134.78 5.40 2.30 134.78 15.80 10.00 58.00 PBT 50.50 74.50 -32.21 50.50 74.50 -32.21 588.40 374.60 57.07 TAX 15.70 21.00 -25.24 15.70 21.00 -25.24 58.60 86.40 -32.18 Deferred Tax -0.80 -1.00 -20.00 -0.80 -1.00 -20.00 -6.70 2.90 -331.03 PAT 34.80 53.50 -34.95 34.80 53.50 -34.95 529.80 288.20 83.83 Equity 97.10 97.10 0.00 97.10 97.10 0.00 97.10 97.10 0.00 PBIDTM(%) 969.35 1712.77 -43.40 969.35 1712.77 -43.40 2436.29 1089.52 123.61
The sales declined to Rs. 6.30 millions for the March 2018 quarter as compared to Rs. 8.60 millions during the corresponding quarter last year.The company almost doubled its revenue to Rs. 115.20 millions from Rs. 42.40 millions in the quarter ended March 2018.Operating Profit saw a handsome growth to 126.00 millions from 70.50 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 6.30 8.60 -26.74 24.80 35.30 -29.75 24.80 35.30 -29.75 Other Income 215.30 94.50 127.83 779.10 444.30 75.35 779.10 444.30 75.35 PBIDT 126.00 70.50 78.72 604.20 384.60 57.10 604.20 384.60 57.10 Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PBDT 126.00 70.50 78.72 604.20 384.60 57.10 604.20 384.60 57.10 Depreciation 4.90 3.40 44.12 15.80 10.00 58.00 15.80 10.00 58.00 PBT 121.10 67.10 80.48 588.40 374.60 57.07 588.40 374.60 57.07 TAX 5.90 24.70 -76.11 58.60 86.40 -32.18 58.60 86.40 -32.18 Deferred Tax -3.80 3.20 -218.75 -6.70 2.90 -331.03 -6.70 2.90 -331.03 PAT 115.20 42.40 171.70 529.80 288.20 83.83 529.80 288.20 83.83 Equity 97.10 97.10 0.00 97.10 97.10 0.00 97.10 97.10 0.00 PBIDTM(%) 2000.00 819.77 143.97 2436.29 1089.52 123.61 2436.29 1089.52 123.61
Kirloskar Industries is currently trading at Rs. 1267.10, up by 14.60 points or 1.17% from its previous closing of Rs. 1252.50 on the BSE.The scrip opened at Rs. 1285.00 and has touched a high and low of Rs. 1300.00 and Rs. 1264.05 respectively. So far 663 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1671.00 on 16-Aug-2017 and a 52 week low of Rs. 900.00 on 08-Mar-2017.Last one week high and low of the scrip stood at Rs. 1,300.00 and Rs. 1235.00 respectively. The current market cap of the company is Rs. 1230.18 crore.The promoters holding in the company stood at 72.80%, while Institutions and Non-Institutions held 14.79% and 12.41% respectively.Kirloskar Industries has received an approval for development of some of the land parcels owned by the company at Kothrud in accordance with the Main Object Clause of the Memorandum of Association of the Company.The board of directors at its meeting held on March 6, 2018 has approved for the same. The board also approved the proposal to promote a subsidiary company which will be carrying out financial service business.Kirloskar Industries is a holding company engaged in the manufacturing of iron castings. The company’s segments are Wind power generation; Investments (Securities and Properties), and Iron Casting.
The sales slipped to Rs. 5.10 millions for the September 2017 quarter as against Rs. 7.00 millions during the year-ago period.The company almost doubled its revenue to Rs. 336.90 millions from Rs. 129.70 millions in the quarter ended September 2017.Operating profit surged to 355.00 millions from the corresponding previous quarter of 153.00 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 5.10 7.00 -27.14 9.80 21.40 -54.21 35.30 47.50 -25.68 Other Income 380.40 166.00 129.16 474.90 256.40 85.22 444.30 719.50 -38.25 PBIDT 355.00 153.00 132.03 434.00 235.10 84.60 384.60 692.70 -44.48 Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PBDT 355.00 153.00 132.03 434.00 235.10 84.60 384.60 692.70 -44.48 Depreciation 3.50 2.20 59.09 6.00 4.40 36.36 10.00 8.90 12.36 PBT 351.50 150.80 133.09 428.00 230.70 85.52 374.60 683.80 -45.22 TAX 14.60 21.20 -31.13 36.40 41.70 -12.71 86.40 81.30 6.27 Deferred Tax -5.40 0.00 0.00 -5.60 -0.10 5500.00 0.00 0.00 0.00 PAT 336.90 129.70 159.75 391.60 189.10 107.09 288.20 602.50 -52.17 Equity 97.10 97.10 0.00 97.10 97.10 0.00 97.10 97.10 0.00 PBIDTM(%) 6960.78 2185.71 218.47 4428.57 1098.60 303.11 1089.52 1458.32 -25.29
Kirloskar Industries has informed that the Trading Window for dealing in securities of the Company shall remain closed from February 24, 2017 to March 02, 2017 as per the Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders of Kirloskar Industries under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Kirloskar Industries has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Kirloskar Industries has informed that Vijay K. Bajhal was appointed as an independent Director of the Company for a period of two consecutive years from September 02, 2014 to September 01, 2016, by the members of the Company at their Annual General Meeting held on September 02, 2014. In this connection, the Company further note that the tenure of Vijay K. Bajhal, as an Independent Director of the Company has ended on September 01, 2016 and he ceased to be a Director of the Company with effect from September 02, 2016.The above information is a part of company’s filings submitted to BSE.