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kulkarni power tools ltd (505299) Details

Kulkarni Power Tools Limited manufactures and markets electric power tools and roots blowers/exhausters. Its power tools include drills, rotary hammers, chipping machines, demolition hammers, concrete core cutters, skirting polishers, angle and straight grinders, and sanders/polishers for construction, wood working, and metal working applications; valve refacers and angular vibrocentric kits for automobile applications; accessories, such as grinding and cutting wheels, sanding discs, drill bits, chisels, rubber pads and backing pads, and chucks and chuck keys; control motors; and other products consisting of blowers, heat guns, and sirens, as well as drill stands. The company also offers twin lobe and tri lobe blowers, twin lobe and tri lobe vehicle blowers, gas blowers, and exhausters; centrifugal and axial fans; and accessories comprising acoustic hood enclosures, base frames, slide rails, suction silencers, discharge silencer cum interconnecting pipe lines, suction filters, motor pulleys, blower pulleys, v-belts, v-belt guards, pressure gauges, safety and non return valves, anti vibration pads, expansion joints, foundation bolts, gaskets, and filter choking devices. Its blowers/exhausters are used in water/effluent/sewage treatment plants, pneumatic conveying systems, power plants, food processing plants, and dairy and bakery industry, as well as in other applications, such as petrochemical, chemical, fertilizer, glass, mining, agricultural, etc. The company markets its products through a distribution network in India, as well as exports its products to South Africa, Australia, the Middle East, Nigeria, Kenya, Syria, Jordan, etc. Kulkarni Power Tools Limited was incorporated in 1976 and is based in Kolhapur, India.

Founded in 1976

kulkarni power tools ltd (505299) Top Compensated Officers

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kulkarni power tools ltd (505299) Key Developments

Kulkarni Power Tools Ltd. Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Kulkarni Power Tools Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 218 million compared to INR 216.3 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 11.6 million compared to INR 4.1 million for the same period a year ago. Profit from ordinary activities before tax was INR 0.2 million compared to loss from ordinary activities before tax of INR 5.1 million for the same period a year ago. Net profit was INR 1.9 million or INR 0.56 per basic and diluted share compared to net loss of INR 5.5 million or INR 1.62 per basic and diluted share for the same period a year ago. For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 641 million compared to INR 639.4 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 31.9 million compared to INR 18.4 million for the same period a year ago. Profit from ordinary activities before tax was INR 0.5 million compared to loss from ordinary activities before tax of INR 9.3 million for the same period a year ago. Net profit was INR 4.4 million or INR 1.29 per basic and diluted share compared to net loss of INR 7.9 million or INR 2.32 per basic and diluted share for the same period a year ago.

Kulkarni Power Tools Ltd., Board Meeting, Feb 11, 2015

Kulkarni Power Tools Ltd., Board Meeting, Feb 11, 2015. Agenda: To approve unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014.

Kulkarni Power Tools Ltd. Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Kulkarni Power Tools Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported total net income from operations of INR 248.2 million compared to INR 218.0 million a year ago. Profit from operations before other income, financial costs and exceptional items was INR 19.8 million compared to INR 7.5 million a year ago. Profit from ordinary activities before tax was INR 9.8 million compared to loss from ordinary activities before tax of INR 1.9 million a year ago. Net profit after tax was INR 10.9 million compared to net loss after tax of INR 1.0 million a year ago. Profit per basic and diluted share was INR 3.21 against loss per basic and diluted share of INR 0.29 per share a year ago. For the half year, the company reported total net income from operations of INR 425.7 million compared to INR 426.9 million a year ago. Profit from operations before other income, financial costs and exceptional items was INR 18.4 million compared to INR 14.3 million a year ago. Profit from ordinary activities before tax was INR 0.3 million compared to loss from ordinary activities before tax of INR 4.2 million a year ago. Net profit after tax was INR 2.5 million compared to net loss after tax of INR 2.4 million a year ago. Profit per basic and diluted share was INR 0.74 against loss per basic and diluted share of INR 0.71 per share a year ago.

 

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