Kirloskar Pneumatic Company, a prominent player in air, refrigeration and gas compression business in India, announced its financial results for Q3 FY25. Revenue from operations and PBT for the quarter showed growth over the corresponding quarter of the previous year by over 10 per cent at Rs. 340 Cr with PBT of Rs 0.48 billion which is 13.9 per cent of sales. In line with the dividend policy, the Board of Directors has declared an interim dividend of Rs 3.50 (175 per cent) per equity share having face value of Rs 2 each. (Rs. 2.50 per share at 125 per cent in FY24).

Order book stood around Rs 18.79 billion as on 1st Jan 25, which is 27 per cent higher than at the beginning of year. (Rs 14.75 billion as on 1st April 2024). Compression business continues to be around 94 per cent of the Company’s revenue and remains the only reporting segment. The company completed the acquisition of 55.26 per cent shares in Systems & Components India who is a significant player in the Refrigeration packages for Pharma, Chemical and Dairy industry. The company is now in the process of harmonising its operations to make it more competitive.

The new launches of the last years – Tezcatlipoca, Calana, Aria and Jarilo - have all been accepted in the market and we are seeing strong order in flow. The company entered into an exclusive selling arrangement for compressors to the Textile industry with Universal MEP Projects & Engineering (UMPESL), a subsidiary of Voltas Ltd. The company also moved its corporate office to the One Avante building on Karve Road, Pune as a part of the Kirloskar group initiative.