Kirloskar Pneumatic Company Ltd (KPCL), a prominent player in air, refrigeration & gas compression business in India, announced its financial results for Q2 FY25.

Revenue from operations and PBT for the quarter showed growth over the corresponding quarter of the previous year by over 53% and 240% respectively. Net Profit after tax has increased by over 234%.

Q2 F25 Total Income was at Rs. 437 crore compared to Rs. 286 crore of Q2 F24. PBT at Rs. 92 croer was at 21% of total income which is higher than Q2 F24 PBT of Rs. 27 crore was at 9%.

Order book stood around Rs. 1,780 crore as on 1st October 24, which is 23% higher than at the beginning of Q3 FY24. (Rs.1,450 crore as on 1st October 2023). Compression business continues to be around 94% of the company’s revenue and remains the only reporting segment.

The company entered into a Share purchase Agreement to acquire 55.26% of the shares in Systems & Components India Private Limited who is a significant player in the Refrigeration packages for Pharma, Chemical and Dairy industry. With this acquisition the company will have a stronger presence in Refrigeration and Chiller packaging space thus expanding the addressable market for KPCL. We expect to close this transaction by the end of December 2024.

THe company has  launched “Jarilo” range Bio – compressor in the market to cater to the new requirement of Bio-gas industry which is well received in the market.