Kirloskar Brothers Investments Ltd. announced audited standalone earnings results for the fourth quarter and consolidated and standalone earnings results for the full year ended March 31, 2013. For the quarter, on standalone basis the company reported net sales/income from operations of INR 5.586 million against INR 6.374 million for the same period of last year. Profit from operations before other income, finance cost & exceptional items was INR 1.411 million against INR 1.655 million for the same period of last year. Profit from ordinary activities before tax was INR 1.427 million against INR 1.655 million a year ago. Net profit was INR 3.278 million or INR 0.62 per basic and diluted share against net loss of INR 0.138 million or INR 0.03 per basic and diluted share for the same period of last year. For the year, on standalone basis the company reported net sales/income from operations of INR 415.728 million against INR 1,559.903 million for the same period of last year. Profit from operations before other income, finance cost & exceptional items was INR 400.371 million against INR 1,542.780 million for the same period of last year. Profit from ordinary activities before tax was INR 400.640 million against INR 1,544.925 million a year ago. Net profit was INR 396.923 million or INR 75.05 per basic and diluted share against INR 1,309.236 million or INR 247.55 per basic and diluted share for the same period of last year. For the year, on consolidated basis the company reported net sales/income from operations of INR 28,701.238 million against INR 30,604.549 million for the same period of last year. Profit from operations before other income, finance cost & exceptional items was INR 3,129.604 million against INR 40,167.760 million for the same period of last year. Profit from ordinary activities before tax was INR 3,419.814 million against INR 4,865.509 million a year ago. Net profit was INR 2,459.205 million or INR 247.50 per basic and diluted share against INR 3,472.396 million or INR 451.59 per basic and diluted share for the same period of last year.

Kirloskar Brothers Investments Ltd. recommended a dividend of INR 4 per equity share of INR 10 each for the financial year 2012-13, subject to the approval of the members at the ensuing Annual General Meeting. This dividend, if approved by the shareholders shall be paid on or before August 16, 2013. The company approved that designation of Mr. Aniket Deshpande, Assistant Company Secretary and Compliance Officer of the company has been changed as 'Company Secretary and Compliance Officer'.

Kirloskar Brothers Investments Ltd., Board Meeting, May 20, 2013. Agenda: To consider audited financial results for the year ended March 31, 2013; and to recommend dividend if any.