Kirloskar Oil Engines Q1 profit jumps 35% to Rs 52.89 cr

Kirloskar Oil Engines Ltd today reported a rise of 35.02% in standalone net profit at Rs 52.89 crore for the first quarter ended June 30, 2013.

 

The company had posted a stand alone net profit of Rs 39.17 crore in the same period of previous fiscal, Kirloskar Oil Engines said in a filing to the BSE.

 

Net sales of the company stood at Rs 583.43 crore in the April-June quarter, compared to Rs 595.69 crore during the same period of previous fiscal.

 

The company's stock was trading at Rs 171.10, up 0.06% from its previous close on the BSE in afternoon trade.