Kirloskar Brothers Ltd.    
20 Sep 2016
Kirloskar Brothers Ltd (KBL) faced a rough patch in 2016. The sharp sell off in crude oil prices disrupted the business model of its most profitable operations (SPP Pumps Ltd, UK). Further the prolonged drought and challenges of working with Indian Government bodies sharply impacted its domestic operations. For FY16, The company reported a net loss of Rs 32.2 crore, which came as a wakeup call for the management. With a view to stem losses and turnaround its business operations, the company has undertaken a massive...
Kirloskar Brothers Ltd. has lost -30.82% in the last 1 Year
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