Kirloskar Oil Engines Limited — Results, 11-02-2025: Integrated Filing- Financial
11-02-2025 | 05:07 pm
11-02-2025 | 05:07 pm
Kirloskar Oil Engines Limited has conducted a board meeting, during which it reviewed and approved the financial results for the quarter and nine months ended 31st December 2024. Total income rose to ₹1,170.36 Cr, reflecting a modest increase. Notably, the company reported a net profit of ₹65.03 Cr, down from ₹82.19 Cr year-over-year.
The management attributed the profit decline to elevated costs, including raw materials and employee expenses. Furthermore, an interim dividend of ₹2.50 per equity share was declared, suggesting a positive outlook for shareholding and potential investor sentiment despite rising expenses impacting profits.
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