Kirloskar Pneumatic Declares ₹3.50 Interim Dividend for FY25

Kirloskar Pneumatic Company Limited has declared an interim dividend of ₹3.50 per share (175%) for the financial year 2024-25. The record date to determine eligibility for the dividend is set for February 7, 2025, and the payment will be made on or before February 25, 2025.

Previous Dividend History

In the previous year (FY24), the company declared a final dividend of 200% and an interim dividend of 125%, totalling ₹6.50 per share (325%).

Q3 FY25 Financial Performance

For Q3FY25, Kirloskar Pneumatic reported a 3% YoY increase in profit after tax (PAT), which rose to ₹36 crore from ₹35 crore in the same period last year. However, net profit fell 46.6% sequentially compared to ₹67.5 crore in the previous quarter. Total income for the quarter increased 11% YoY to ₹346 crore, although it declined 21% compared to Q2FY25.

For the 9 months ending December 2024, the company’s net profit grew 78% to ₹130 crore from ₹73 crore last year, while total income rose 25.5% to ₹1,062.5 crore.

About Kirloskar Pneumatic Company Limited

Founded in 1958 and headquartered in Pune, Kirloskar Pneumatic designs and manufactures industrial air and gas compressors, pneumatic tools, and transmission products. The company serves industries including oil and gas, power, steel, chemicals, and marine, offering solutions like compressors, refrigeration systems, and CNG packages.

Stock Price Trend

Despite a 66% increase over the past year, Kirloskar Pneumatic share has dropped by about 29% in January 2025, following a 13% decline in December 2024. The stock closed at ₹1,105.40, 39% below its December 2024 peak of ₹1,817.50, but remains 81% higher than its 52-week low of ₹611 in March 2024.

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