Net profit of Kirloskar Ferrous Industries declined 77.88% to Rs 19.51 crore in the quarter ended March 2024 as against Rs 88.22 crore during the previous quarter ended March 2023. Sales declined 1.89% to Rs 1535.92 crore in the quarter ended March 2024 as against Rs 1565.56 crore during the previous quarter ended March 2023.For the full year,net profit declined 39.74% to Rs 238.10 crore in the year ended March 2024 as against Rs 395.10 crore during the previous year ended March 2023. Sales declined 4.23% to Rs 6146.29 crore in the year ended March 2024 as against Rs 6417.45 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1535.921565.56 -2 6146.296417.45 -4 OPM %10.7514.12 -13.9413.02 - PBDT134.79206.93 -35 755.60789.57 -4 PBT62.59159.01 -61 516.22616.99 -16 NP19.5188.22 -78 238.10395.10 -40 Powered by Capital Market - Live News

Kirloskar Ferrous Industries will hold a meeting of the Board of Directors of the Company on 17 May 2024.Powered by Capital Market - Live News

Kirloskar Ferrous Industries has allotted 51,163 equity shares under ESOP on 23 April 2024. With this allotment, the paid up equity share capital has increased to Rs 69,68,63,110 comprising of 13,93,72,622 equity shares of Rs 5 each.Powered by Capital Market - Live News

Kirloskar Ferrous Industries announced that the Board of Directors of the Company at its meeting held on 7 March 2024, inter alia, have recommended the interim dividend of Rs 3 per equity Share (i.e. 60%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Kirloskar Ferrous Industries has allotted 22,048 equity shares under ESOP on 07 March 2024. With this allotment, the paid up equity share capital of the company has increased to Rs 69,66,07,295 comprising of 13,93,21,459 equity shares of Rs 5 each. Powered by Capital Market - Live News