Kilburn Engineering reports 145% surge in PAT to Rs 7.09 crore in Q1

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Illustration: Ajay Mohanty

Kilburn Engineering Restricted (KEL), a producer of drying tools for varied industries, posted a 145 per cent surge in revenue after tax (PAT) for the primary quarter of the monetary 12 months 2024 (Q1FY24), reaching Rs 7.09 crore. In the identical interval final 12 months, the revenue stood at Rs 2.89 crore.

The corporate’s earnings from operations rose by 36.35 per cent year-on-year, amounting to Rs 66.68 crore.

Expressing optimism for the remaining quarters, the corporate cited its present order ebook and pending enquiries of over Rs 700 crore at varied levels of citation.

Ranjit Lala, managing director of Kilburn Engineering, commented on the efficiency, saying the corporate was ‘moderately’ assured of sustaining the momentum shifting ahead. The main target might be on securing the next influx of orders within the second half of the 12 months.

First Revealed: Aug 04 2023 | 11:52 PM IST

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