Kirloskar Brothers Q2 Results Live : Kirloskar Brothers has reported impressive financial results for the second quarter of the fiscal year, declaring a significant increase in both revenue and profit. On October 29, 2024, the company revealed that its topline surged by 13.44% year-over-year, while profit soared by an impressive 89.68%. Compared to the previous quarter, revenue showed modest growth of 0.48%, and profit experienced a substantial increase of 46.85%.
The company’s Selling, General, and Administrative (SG&A) expenses rose slightly by 0.97% quarter-over-quarter and increased by 5.51% year-over-year, indicating a controlled management of overhead costs amidst growing operations.
In terms of operating income, Kirloskar Brothers demonstrated robust performance, with an increase of 32.96% from the previous quarter and a year-over-year rise of 58.37%. This strong operational performance contributed to the company’s bottom line, resulting in an earnings per share (EPS) of ₹12.05 for Q2, reflecting an increase of 89.77% year-over-year.
The market has responded positively to these results, with Kirloskar Brothers delivering a return of 4.56% in the past week, a remarkable 38.02% return over the last six months, and an outstanding 104.03% year-to-date return. This performance has bolstered investor confidence, pushing the company’s market capitalization to ₹14,388.1 crore.
Currently, Kirloskar Brothers is trading with a 52-week high of ₹2,684 and a low of ₹803.25, showcasing the volatility and potential for growth within the company’s stock as it continues to deliver strong financial results.
Kirloskar Brothers Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1035.8 | 1030.9 | +0.48% | 913.1 | +13.44% |
| Selling/ General/ Admin Expenses Total | 176.2 | 174.5 | +0.97% | 167 | +5.51% |
| Depreciation/ Amortization | 22 | 21.3 | +3.29% | 18.9 | +16.4% |
| Total Operating Expense | 915.6 | 940.5 | -2.65% | 837.2 | +9.36% |
| Operating Income | 120.2 | 90.4 | +32.96% | 75.9 | +58.37% |
| Net Income Before Taxes | 128.8 | 99.9 | +28.93% | 72.5 | +77.66% |
| Net Income | 95.6 | 65.1 | +46.85% | 50.4 | +89.68% |
| Diluted Normalized EPS | 12.05 | 8.2 | +46.96% | 6.35 | +89.77% |
