Indian pig iron and iron casting product manufacturer Kirloskar Ferrous Industries Limited (KFIL) has reported a net profit of INR 929.30 million ($11.25 million) in the first quarter (April-June) of the fiscal year 2023-24, a decline of 8.96 percent year on year, according to a company regulatory filing on Thursday, August 3.
The company reported a total sales income of INR 15 billion ($182.43 million) during the quarter, almost unchanged year on year.