Kirloskar Pneumatic Company’s shares saw a notable jump of over 3% following the release of its Q2 FY25 earnings, reflecting significant year-on-year growth.
The company’s revenue from operations for the quarter ending September 30, 2024, reached ₹430.67 crore, marking an impressive 52.7% rise from the ₹281.92 crore reported in the same quarter of the previous fiscal year.
The company’s net profit for Q2 FY25 surged threefold to ₹67.53 crore, compared to ₹20.18 crore in Q2 FY24.
In the six months ended September 30, 2024, the firm reported revenue of ₹705.94 crore, a rise from ₹524.14 crore in the same period prior year. The net profit for the half-year period was ₹94.43 crore, up significantly from ₹38.11 crore in the previous year.
As of 2:34 pm, Kirloskar Pneumatic shares were trading 1.62% lighter at Rs 1356.25 on the NSE.
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