Kirloskar Pneumatic Reports 87.81% PAT Growth in Q3 FY24-25 Financial Results
Kirloskar Pneumatic Company has announced its financial results for the quarter ending December 2024, showcasing significant growth in key metrics. The Profit After Tax for the half-year reached Rs 103.52 crore, up 87.81% year-on-year, while net sales increased to Rs 770.70 crore, reflecting a 30.53% rise.
Kirloskar Pneumatic Company, a midcap player in the engineering and industrial equipment sector, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable performance for the third quarter of FY24-25, with significant growth in key financial metrics.The company's Profit After Tax (PAT) for the half-year reached Rs 103.52 crore, reflecting a substantial year-on-year growth of 87.81%. This positive trend in profitability suggests a robust operational performance during the period. Additionally, net sales for the half-year amounted to Rs 770.70 crore, marking a year-on-year increase of 30.53%. This growth in sales underscores a favorable near-term trend for the company.
Despite the positive financial indicators, there has been an adjustment in evaluation, with the score reflecting a change from 33 to 13 over the past three months. This revision in its score highlights the dynamic nature of the company's financial landscape.
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