Kirloskar Oil Engines net profit at Rs 62.24 crore

Kirloskar Oil Engines today said its net profit stood at Rs 62.24 crore for the quarter ended September 30, while it had a net profit of Rs 27.38 crore in the same quarter last year.

"Figures for the quarter and six months ended September 30, 2009 are not comparable with those of the corresponding period of the previous year in view of sales of Valves Division with effect from August 1, 2008," the company said in a filing to the BSE.

Total operating income stood at Rs 604.59 crore in the latest quarter, however it had a total operating income at Rs 614.16 crore in the same quarter last fiscal.