Kirloskar Brothers spurts after Q1 PAT soars 314% YoY

Profit before tax grew by 287.35% year on year to Rs 94.90 crore in the quarter ended 30 June 2023.

Total expenses rose 6.29% to Rs 815.10 crore in Q1 June 2023 over Q1 June 2022. During the quarter, cost of materials consumed stood at Rs 468.30 crore (up 9.29% YoY) while employee benefits expense was at Rs 152.40 crore (up 16.07% YoY).

Kirloskar Brothers engineers, manufactures and develops a range of leading-edge solutions for total fluidity management. Its capabilities span from large infrastructure projects such as water supply, power generation, irrigation, oil & gas and marine & defence to small pumps for domestic and agricultural use.

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