Kilburn Engineering Ltd. on Monday reported a strong performance in the fourth quarter of the 2023-24 fiscal with a consolidated net profit of Rs 23.1 crore, driven by the recent acquisition of M E Energy. Its consolidated revenue for the quarter reached Rs 121.5 crore. However, due to the acquisition, comparable figures for the previous year were unavailable.
The engineering company said its standalone profit jumped around 30 per cent to Rs 39.67 crore for FY'24.
"Post-acquisition of ME Energy, we are happy to report a strong set of numbers with both our revenue from operations and EBITDA showing significant growth," Managing Director Ranjit Lala said.
He exuded confidence in sustaining growth for the coming years, citing a robust order book and pending enquiries exceeding Rs 2,000 crore.
RECOMMENDED FOR YOU
ADRE Result 2025: SLRC Assam Grade 3 Results Declared, Steps To Check Assam Results
GM Breweries Q2 Results: Net Profit Jumps 61%, Margin Improves
GM Breweries Share Prices Surge Nearly 14% After Revenue, Profit Jump In Q2
FPIs Remain Net Sellers, Offload Equities Worth More Than Rs 2,800 Crore
POPULAR