Established in 1888 and incorporated in 1920, Kirloskar Brothers Limited (KBL) is the flagship company of the $1.4 billion Kirloskar group. The core businesses of KBL are large infrastructure projects (Water Supply, Power Plants, and Irrigation), Project and Engineered Pumps, Industrial Pumps, Agriculture and Domestic Pumps, Valves and Hydro turbines. KBL Sales in 2010-2011 exceeded US $ 590 Million with a market capitalization of more than US $ 350 million.
Friday, May 7, 2010
Mr. Kirloskar is confident about 10% revenue growth
Pump maker Kirloskar Brothers expects to maintain revenue growth in the current financial year at about 10 percent and would incur capital expenditure of around 400 million rupees or more, a top official told Reuters after market hours on Thursday
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