Kirloskar Industries Limited — Board Meeting, 20-05-2025: Outcome of Board Meeting
20-05-2025 | 01:27 pm
20-05-2025 | 01:27 pm
Kirloskar Industries has announced a board meeting on 20 May to approve the financial results for the quarter and year. Consolidated revenue rose 7% to ₹6,608 Cr, while profit before tax slipped to ₹447 Cr from ₹556 Cr, impacted by lower exceptional loss reversals. Net profit was ₹308 Cr versus ₹361 Cr last year. The board approved a final dividend of ₹13/share (130%). Leadership updates include Mr. George Verghese appointed as Managing Director for five years and Ms. Pallavi Gokhale joining as Independent Director. An exceptional gain of ₹12.24 Cr was also recognized.
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