Kirloskar Electric board appoints Anand Balaramacharya as MD

13 Jul 2022 , 08:45 AM

The board approved the appointment of Ravi Ghai as an additional director (independent director), and Mahabaleshwar Bhat as company secretary & compliance officer of the company. The appointments are subject to the shareholders approval at the ensuing AGM. Kirloskar Electric Company is the leading manufacturer of electrical and electronic equipments in India. On a consolidated basis, Kirloskar Electric Company reported net profit of Rs 105.79 crore in Q4 March 2022 as against net loss of Rs 7.06 crore in Q4 March 2021. Net sales rose 18.41% to Rs 105.10 crore in Q4 March 2022 over Q4 March 2021. Powered by Capital Market – Live News