Kinetic Engineering Ltd 2023 AR2
The report highlights Kinetic Engineering Limited's financial and operational performance for the fiscal year 2022-2023. The company achieved a net profit of Rs. 313.07 lakhs, representing a 130% increase over the previous year, and a revenue growth of 10.58% to Rs. 137.50 cr. To capitalize on the growing electric vehicle market, the company established a new subsidiary, Kinetic Watts and Volts Limited, dedicated to electric mobility. Additionally, the company invested in environmentally friendly technologies, including solar plant installation and upgrading its paint shop to support its EV product line.
Company: Kinetic Engineering Ltd
Sector: Manufacturing
Country: India
Year: 2023
Type: AR2
Pages: 145
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Kinetic Engineering Ltd
Annual Report
The report highlights Kinetic Engineering Limited's financial and operational performance for the fiscal year 2022-2023. The company achieved a net profit of Rs. 313.07 lakhs, representing a 130% increase over the previous year, and a revenue growth of 10.58% to Rs. 137.50 cr. To capitalize on the growing electric vehicle market, the company established a new subsidiary, Kinetic Watts and Volts Limited, dedicated to electric mobility. Additionally, the company invested in environmentally friendly technologies, including solar plant installation and upgrading its paint shop to support its EV product line.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees