Kirloskar Oil Engines Limited. Q4 results show revenue rise from 1,227.23 to 1,394.29 crores, a 13.61% increase in growth. EPS also dropped from ₹6.09 to ₹5.45, down by 10.51%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Kirloskar Oil Engines Ltd. shared its Q4 results on Friday. They earned 1,394.29 crores in revenue this quarter, but that’s higher than the 1,227.23 crores they made last quarter. The company’s growth increased by 13.61 percent when comparing the two quarters.
In terms of profits, Kirloskar Oil Engines Ltd’s PAT (Profit After Tax) for this quarter was 78.91 crores, down from 88.15 crores in the previous quarter. Their quarter-to-quarter growth declined by 10.48 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹5.45, which is a decrease of 10.51% from the ₹6.09 EPS in the previous quarter.
Also read: ☞ ” Alkem Laboratories Q4FY23 Results: Consolidated PAT Drops to Rs 70.9 Cr “
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 5051.99 crores this year (2023), which is 24.78 percent higher than last year’s total revenue of 4048.71 crores.
This year’s PAT (Profit After Tax) is 332.40 crores, which is also 90.47% higher than last year’s PAT of 174.52 crores.
The EPS (Earnings Per Share) for this year is ₹22.98, which is 90.39% more than the EPS of ₹12.07 earned last year.
Kirloskar Oil Engines Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹2.50 per Equity Share of Face Value of ₹2 each of the Company (125% of Face Value). Total Dividend for FY23 stood at ₹6.50 per Equity Share (Interim Dividend of ₹10 per Equity Share)
Dividend | Record Date |
₹2.50 per Equity Share | Coming Soon |
The record date for the dividend has not arrived yet.
About Kirloskar Oil Engines:
Established in June 1978, Kirloskar Oil Engines (KOEL) specializes in the production of diesel engines. It is a subsidiary of the Kirloskar group of companies, which has diverse business operations spanning manufacturing, oil and gas, power, construction and mining, agriculture, industry, and transportation.
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