Kirloskar Oil Engines Ltd News
Kirloskar Oil Engines Q1 results: Net profit rises 7% to Rs 117 cr
Kirloskar Oil Engines on Wednesday said its standalone net profit increased by 7 per cent to Rs 117 crore in three months to June over the same period last year. The standalone profit after tax for the company was Rs 109 crore in the April-June period of FY24, the Pune-based company said in a statement. Net sales for the quarter were Rs 1,334 crore, an increase of 6 per cent over Rs 1,256 crore achieved in Q1FY25, the company said. The company also said it delivered an EBITDA (earnings before interest, tax, depreciation and amortization) of Rs 174 crore for the previous quarter as against Rs 162 crore in the June quarter of FY 24. EBITDA margin was 12.9 per cent compared to 12.8 per cent for Q1 FY 24. Cash and cash equivalents for the June quarter stood at Rs 410 crore, the company said, adding net of debt includes treasury investments and excludes unclaimed dividends. "We have a good start of the year with the highest ever Q1 numbers for KOEL standalone. The top-line growth of 6
 "Kirloskar Oil Engines Q1 results: Net profit rises 7% to Rs 117 cr")
Nifty Microcap 250 surges 29% in 2024, outruns mid, smallcap indices
The rally in microcap stocks, according to Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities, has been on the back of growth in earnings in a lot of these companies
 "Nifty Microcap 250 surges 29% in 2024, outruns mid, smallcap indices")
