FE COMPANIES

During the quarter under review,the Pune based firm had a net sales of Rs 596.57 crore,a marginal decline of one per cent from Rs 603.25 crore posted in the year ago period.

For the year ended March 31,2011,the company’s net profit declined by 5.9 per cent to Rs 173.73 crore from Rs 164.02 crore in the previous fiscal.

During the fiscal year,the firm posted a net sales of Rs 2,362.98 crore,a 6.5 per cent increase from Rs 2,218.60 crore recorded in the previous financial year.

Shares of Kirloskar Oil Engines closed at Rs 132 on the BSE,down 0.34 per cent from the previous close.