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12-May-2024

Kirloskar Oil Engines

Net jumps up 88% on good operating show

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Consolidated net sales (including other operating income) of Kirloskar Oil Engines for the quarter ended Mar 2024 has increased 19.96% to Rs 1660.02 crore.  Sales of Financial Services segment has gone up 43.93% to Rs 162.47 crore (accounting for 9.79% of total sales).  Sales of B2B segment has gone up 22.12% to Rs 1,221.23 crore (accounting for 73.57% of total sales).  Sales of B2C segment has gone up 2.00% to Rs 276.32 crore (accounting for 16.65% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 76.71% to Rs 183.12 crore.  PBIT of Financial Services segment rose 33.53% to Rs 22.22 crore (accounting for 12.13% of total PBIT).  PBIT of B2B segment rose 94.17% to Rs 146.46 crore (accounting for 79.98% of total PBIT).  PBIT of B2C segment rose 24.91% to Rs 14.44 crore (accounting for 7.89% of total PBIT).  

PBIT margin of Financial Serv...



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