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kulkarni power tools ltd (505299) Snapshot

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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. Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015

Kulkarni Power Tools Ltd. reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, the company's net sales/income from operations (net of excise duty) was INR 216.2 million compared to INR 253.7 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1.8 million compared to profit of INR 15.3 million a year ago. Profit before tax was INR 1.1 million compared to INR 10.4 million a year ago. Loss profit after tax was INR 1.6 million compared to profit after tax of INR 10.6 million a year ago. Basic and diluted loss per share was INR 0.47 compared to earnings per share of INR 3.12 a year ago. For the year, the company's net sales/income from operations (net of excise duty) was INR 857.2 million compared to INR 893.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 30.0 million compared to INR 33.7 million a year ago. Profit before tax was INR 1.6 million compared to INR 1.1 million a year ago. Net profit after tax was INR 2.8 million compared to INR 2.7 million a year ago. Basic and diluted earnings per share was INR 0.83 compared to INR 0.78 a year ago.

Kulkarni Power Tools Ltd Recommends Dividend

Kulkarni Power Tools Ltd. has informed that the Board of Directors of the company at its meeting held on May 28, 2015 inter alia, have recommended a dividend of INR 0.50 per equity share of INR 5 each that is 10%, subject to approval of share holders.

Kulkarni Power Tools Ltd. to Report Fiscal Year 2015 Results on May 28, 2015

Kulkarni Power Tools Ltd. announced that they will report fiscal year 2015 results on May 28, 2015


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Valuation 505299 Industry Range
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