Q2 FY2021 Results: Kirloskar Oil Engines reports net profit of Rs 59.51 crore, 45% growth YoY

The company reported a net profit of Rs 59.51 crore for the September quarter, a 45% growth YoY. It had posted a profit of Rs 40.90 crore in the corresponding quarter previous year.

Kirloskar Oil Engines Ltd. on Friday announced its Q2 FY2021 results. The company reported a net profit of Rs 59.51 crore for the September quarter, a 45% growth YoY. It had posted a profit of Rs 40.90 crore in the corresponding quarter previous year.

The heavy machines company posted a total income of Rs 834.88 crore during the Q2 FY2021 period as compared to Rs 828.15 crore during the FY2020 period. In the previous quarter, it posted Rs 427.44 crore revenue.

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The Pune based company has reported diluted Earnings per Share (EPS) of Rs 3.08 for the period. It had posted a negative EPS of Rs 0.48 for the previous Q1 June period.