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12-Feb-2024

Kirloskar Oil Engines

Sales up 14%, net up 2%


'Consolidated net sales (including other operating income) of Kirloskar Oil Engines for the quarter ended Dec 2023 has increased 13.90% to Rs 1390.1 crore.  Sales of Financial Services segment has gone up 51.69% to Rs 147.02 crore (accounting for 10.58% of total sales).  Sales of B2B segment has gone up 12.73% to Rs 983.95 crore (accounting for 70.78% of total sales).  Sales of B2C segment has gone up 3.37% to Rs 259.13 crore (accounting for 18.64% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 30.91% to Rs 155.21 crore.  PBIT of Financial Services segment rose 62.81% to Rs 37.04 crore (accounting for 23.86% of total PBIT).  PBIT of B2B segment rose 14.79% to Rs 105.86 crore (accounting for 68.20% of total PBIT).  PBIT of B2C segment rose 242.90% to Rs 12.31 crore (accounting for 7.93% of total PBIT).  

PBIT margin of Financial Services segment rose from...



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