Kirloskar Industries announced Q1FY23 Result : KIL reports a steady first quarter of FY 2023, with consolidated net profit at INR 103 crore Consolidated: Total Income at INR 1,514.6 Cr for Q1 FY23 vs INR 831.9 Cr for Q1 FY 22 PBT at INR 127.3 Cr for Q1 FY23 vs INR 188.9 Cr for Q1 FY 22 PAT at INR 102.9 Cr for Q1 FY23 vs INR 141.0 Cr for Q1 FY 22 Standalone: Total Income at INR 8.7 Cr for Q1 FY23 vs INR 8.3 Cr for Q1 FY 22 PBT at INR 3.5 Cr for Q1 FY23 vs INR 3.6 Cr for Q1 FY 22 PAT at INR 2.4 Cr for Q1 FY23 vs INR 2.9 Cr for Q1 FY 22 Commenting on the Q1 results, Mr. Mahesh Chhabria, Managing Director, KIL, said "This was a steady quarter for Kirloskar Industries Limited. The standalone operations include our windmill business and investment income. The consolidated performance reflects, good performance of our major subsidiary Kirloskar Ferrous Industries Limited (KFIL). Also, this was the first full quarter of operations for our stepdown subsidiary ISMT Limited (acquired in March 2022 by KFIL). The real estate project, undertaken by Avante Spaces Limited (ASL), a Wholly Owned Subsidiary, has progressed as per the plans during the quarter." Result PDF
Holding company Kirloskar Industries announced Q4FY22 results: FY22 (Consolidated): Total Income at Rs 3,820.1 crore for FY22 vs Rs 2,082.3 crore for FY21 PBT at Rs 568.3 crore for FY22 vs Rs 377.7 crore for FY21 PAT at Rs 316.2 crore for FY22 vs Rs 311.5 crore for FY21 FY22 (Standalone): Total Income at Rs 102.7 crore for FY22 vs Rs 58.1 crore for FY21 PBT at Rs 80.1 crore for FY22 vs Rs 32.5 crore for FY21 PAT at Rs 60.9 crore for FY22 vs Rs 27.2 crore for FY21 The Board of Directors at its meeting held today has declared a Final Dividend of Rs 10 per equity share of Rs 10 each (i.e.100 percent) for FY22. Commenting on the Q4 and FY 2022 results, Mr. Mahesh Chhabria, Managing Director, KIL, said ''This was a good quarter for KIL. The standalone business top line grew at 29% as compared to Q4 last year. This was mainly on account of higher dividend income. On the consolidated side, during the quarter our subsidiary Kirloskar Ferrous Industries Limited acquired ISMT Limited to foray into pipe and valueadded steel products. We are confident of value unlocking through these invested companies. On the real estate side, Avante Spaces Limited is progressing as planned." Result PDF
Holding company Kirloskar Industries declares Q3FY22 result: Review of Q3 & 9 Mo FY 2021-22 Financial Performance (Consolidated): Total Income at INR 943.1 Cr for Q3 FY22 vs INR 598.1 Cr for Q3 FY21 PBT at INR 113.3 Cr for Q3 FY22 vs INR 120.5 Cr for Q3 FY21 PAT at INR 84.6 Cr for Q3 FY22 vs INR 118.3 Cr for Q3 FY21 Total Income at INR 2,767.1 Cr for 9 Mo FY22 vs INR 1,324.2 Cr for 9 Mo FY21 PBT at INR 489.3 Cr for 9 Mo FY22 vs INR 206.9 Cr for 9 Mo FY21 PAT at INR 360.4 Cr for 9 Mo FY22 vs INR 177.7 Cr for 9 Mo FY21 Review of Q3 FY & 9 Mo 2021-22 Financial Performance (Standalone): Total Income at INR 9.8 Cr for Q3 FY22 vs INR 10.1 Cr for Q3 FY21 PBT at INR 4.5 Cr for Q3 FY22 vs INR 3.4 Cr for Q3 FY21 PAT at INR 4.8 Cr for Q3 FY22 vs INR 2.7 Cr for Q3 FY21 Total Income at INR 73.6 Cr for 9 Mo FY22 vs INR 35.6 Cr for 9 Mo FY21 PBT at INR 57.6 Cr for 9 Mo FY22 vs tNR 17.3 Cr for 9 Mo FY21 PAT at INR 44.9 Cr for 9 Mo FY22 vs INR 13.6 Cr for 9 Mo FY21 Result PDF
Q2 & H1 FY 2021-22 Financial Performance (Consolidated): Total Income at INR 992.1 Cr for Q2 FY22 vs INR 504.1 Cr for Q2 FY21; 97% increase Y-o-Y PBT at INR 187.1 Cr for Q2 FY22 vs INR 96.6 Cr for Q2 FY21; 94% increase Y-o-Y PAT at INR 134.7 Cr for Q2 FY22 vs INR 75.1 Cr for Q2 FY21; 79% increase Y-o-Y Total Income at INR 1,824.0 Cr for H1 FY22 vs INR 726.1 Cr for H1 FY21; 151% increase Y-o-Y PBT at INR 375.9 Cr for H1 FY22 vs INR 86.4 Cr for H1 FY21; 335% increase Y-o-Y PAT at INR 275.7 Cr for H1 FY22 vs INR 59.4 Cr for H1 FY21; 364% increase Y-o-Y Review of Q2 FY & H1 2021-22 Financial Performance (Standalone): Total Income at INR 55.5 Cr for Q2 FY22 vs INR 17.3 Cr for Q2 FY21; 222% increase Y-o-Y PBT at INR 49.5 Cr for Q2 FY22 vs INR 11.8 Cr for Q2 FY21; 319% increase Y-o-Y PAT at INR 37.3 Cr for Q2 FY22 vs INR 9.6 Cr for Q2 FY21; 289% increase Y-o-Y Total Income at INR 63.8 Cr for H1 FY22 vs INR 25.6 Cr for H1 FY21; 150% increase Y-o-Y PBT at INR 53.1 Cr for H1 FY22 vs INR 13.9 Cr for H1 FY21; 281% increase Y-o-Y PAT at INR 40.1 Cr for H1 FY22 vs INR 10.9 Cr for H1 FY21; 268% increase Y-o-Y Commenting on the Q2 FY 2022 results, Mr. Mahesh Chhabria, Managing Director, KIL, said “We are pleased with our Q2 FY 2022 performance with 97% growth in total income and 79% growth in net profit at consolidated level. On the subsidiaries side, KFIL performance reported a strong Q2. The projects undertaken for the real estate subsidiary Avante Spaces Limited are progressing as planned. With this, we are positive about the growth plans we have set the company.” Result PDF