Kilburn Engineering Ltd posted a 27 per cent growth in revenue to ₹85.25 crore in the fourth quarter of last fiscal compared with ₹66.68 crore in Q4FY23, even as profit after tax slipped marginally to ₹12.24 crore in Q4FY24 compared with ₹12.34 crore.
For the full year, income from operations on the standalone basis grew 32.3 per cent to ₹293.21 crore from ₹221.53 crore in FY23. Profit after tax went up 31.61 per cent to ₹39.67 crore from ₹30.14 crore. The company recommended a dividend of ₹2 per share.
In the last quarter, Kilburn completed acquisition of 100 per cent stake of M.E. Energy for ₹98.69 crore and it became a wholly owned subsidiary of the company. It also secured orders of ₹79 crore in this three month period.
Ranjit Lala, managing director, said, “We are happy to report a strong set of numbers with both our revenue from operations and EBITDA showing significant growth. Backed by a robust order book and more orders on the horizon, we are confident of sustained growth in the coming years.”
Amritanshu Khaitan, director, added: “Following the strategic acquisition of M.E. Energy, we’re enthusiastic about our trajectory for the upcoming year in drying solutions and energy management.”