Pune, Maharashtra, India
Comparing Q2 2024 to Q2 2023, the sales revenue of Q2 2024 is INR 646 crores, or 9.3% more. With new, noteworthy orders, the vegetable oil and distillery industries have experienced tremendous growth. The Valves division recorded the greatest order intake for H1 at INR 231.5 Crore and the highest revenues in Q2 at INR 106.2 Crore. The CESI agency’s TSG Regulation Audit of the Chinese valve export sector yielded no significant findings. Parts for more products, such as MEGA & MEGACHEM, are now available at the E2E Webshop. Major customers have given their approval for the KSB mechanical seal.
We have secured an order for FGD pumps for Gujarat State Electricity Corp. (GSECL) at Wanakbori, valued at INR 8.6 crores. Additionally, we secured orders for a combined cycle power plant in Alexandroupolis, Greece, valued INR 8.6 Crores, and an Abu Dhabi waste-to-energy power plant, for INR 6.1 Crores. Orders for the Wastewater applications of INR 6.3 Crores were also received.
Nuclear Projects Division of KSB Limited (Shirwal Plant) credited with the distinguished ISO 19443:2018 certification.
Business Highlights
(All amounts in INR Crores)
| Particulars | Q2 (Apr’24-Jun’24) | Q2 (Apr’23-Jun’23) | H1 (Jan’24-Jun’24) | H1 (Jan’23 -Jun’23) |
| Sales |
646.0 |
591.3 |
1,190.2 |
1,080.9 |
| Expenses |
555.4 |
506.1 |
1,038.7 |
938.5 |
| Operating Profit |
90.6 |
85.2 |
151.5 |
142.4 |
| OPM % |
14.0% |
14.4% |
12.7% |
13.2% |
| Other Income |
14.2 |
12.1 |
24.7 |
21.4 |
| Interest |
0.8 |
0.9 |
1.7 |
1.7 |
| Depreciation |
13.3 |
12.0 |
26.2 |
23.7 |
| PBT |
90.7 |
84.4 |
148.3 |
138.4 |
| Net Profit |
68.6 |
63.7 |
111.7 |
103.7 |
Vice President of Sales and Marketing of KSB Limited, Mr. Prashant Kumar, summarized the company’s Q2’24 performance by saying, “With a 9.3% increase in sales revenue, compared to Q2 2023, our growth momentum remains strong in Q2 2024.” The substantial order inflows from several segments are the main driver of this expansion.
As we continue to offer solutions that satisfy the changing needs of the industry, our contributions to the energy sector also remain strong. Additionally, a growing range of items and replacements are now available online as a result of our consistent efforts to facilitate online ordering.
As we expand our Nuclear Projects Division, we have become the first company in the Indian pump sector to receive ISO 19443:2018 accreditation, setting new industry norms. This demonstrates our dedication to maintaining the greatest levels of safety, dependability, and regulatory compliance—all of which are essential in the nuclear power industry.
The results of Q2 2024 have shown our dedication to and ability to fulfill our strategic roadmap, and we will keep achieving such steady and profitable growth with our continued advancement and robust pipeline.
About KSB Limited
KSB Limited Founded in 1960 in India is a part of KSB SE & Co KGaA., – one of the world’s leading suppliers of pumps, valves and systems. Combining innovative technology and excellent service to provide intelligent solutions, the company has been offering innovative and sturdy solutions to cater to the myriad needs of the Indian Customer may it be in power, oil, building services, process engineering, water treatment, water transport, etc. The activities of KSB’s in-house research centre focus on the areas of hydraulics, sealing technology, materials, production technology and automation.
Today the KSB group has a presence on all the continents with its own sales and marketing companies, manufacturing facilities and service operations. More than 15,000 employees generate annual consolidated sales revenue of over Two billion Euros.
