KSB Ltd Q4 Results: Pump maker's March quarter profit rises 8% to Rs 43 crore
KSB Ltd Q4 Results: Pumps and valves maker KSB Ltd has reported a 7.75 per cent growth in net profit to Rs 43.1 crore for the quarter ended March 31, 2024. It had clocked a net profit of Rs 40 crore in the year-ago period, the company said in a statement on Saturday.
KSB Ltd Q4 Results: Pumps and valves maker KSB Ltd has reported a 7.75 per cent growth in net profit to Rs 43.1 crore for the quarter ended March 31, 2024. It had clocked a net profit of Rs 40 crore in the year-ago period, the company said in a statement on Saturday.
The company follows January to December as financial year.
During the quarter under review, the company's expenses rose to Rs 483.3 crore from Rs 432.4 crore a year ago. Sales revenues rose to Rs 544.2 crore from Rs 489.6 crore.
“This quarter we have registered a steady growth in sales revenue, which is 11.2 per cent higher than that of the corresponding Q1 2023 quarter. Our recent venture into the light water application of nuclear plant segment highlights our ongoing expansion efforts," Prashant Kumar, Vice President of Sales and Marketing, KSB said.
The company has received a letter of award for a project worth Rs 63 crore under PM-Kusum scheme from Maharashtra Energy Development Agency for installation of 2,500 solar water pumping systems.
Part of Germany-based KSB Group, KSB Ltd is a leading manufacturer of pumps and valves.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
PM Modi has invested in this post office scheme; know his total worth as per Lok Sabha elections 2024 affidavit
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
TBO Tek IPO Listing LIVE Update: Bumper Debut! Share list at 55% premium - Buy, sell or hold? Check Anil Singhvi's view
05:07 PM IST