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13-Nov-2024

Kirloskar Oil Engines

Net 64% on good operating show


'Consolidated net sales (including other operating income) of Kirloskar Oil Engines has increased 14.98% to Rs 1500.32 crore.  Operating profit margin has jumped from 15.46% to 19.55%, leading to 45.35% rise in operating profit to Rs 293.25 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 45.82% to 47.16%.   Purchase of finished goods cost fell from 14.38% to 10.69%.   Employee cost increased from 7.71% to 8.51%.   Other expenses fell from 17.01% to 15.37%.   Preoperation capitalised expenses rose from 0.33% to 0.38%.   

Other income rose 100.77% to Rs 15.74 crore.  PBIDT rose 47.42% to Rs 308.99 crore.  Provision for interest rose 58.95% to Rs 117.64 crore.  PBDT rose 41.12% to Rs 191.35 crore.  Provision for depreciation rose 10.14% to Rs 32.92 crore.  Profit before tax grew 49.89% to Rs 158.43 crore.  Provision for tax wa...



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