KSB Ltd Share Price – NSE  /  BSE

Capital Goods-Non Electrical Equipment, Small Cap

KSB will hold a meeting of the Board of Directors of the Company on 26 April 2024.

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The scope of work includes design, manufacture, supply, transport, installation, testing & commissioning of 2,500 off-grid solar photovoltaic water pumping system (SPWPS).

The supply of products/ services for the order is expected from second quarter of 2024. The cost of the project is Rs 63.22 crore.

KSB (formerly known as KSB Pumps), is the manufacturer and seller of pumps, spares and valves in India. The company was established in 1960 and is presently engaged in manufacture of power driven pumps and industrial valves, cast articles of iron or steel.

The company reported 1.80% fall in consolidated net profit to Rs 54.90 crore despite of 14.9% growth in revenue from operations to Rs 602.60 crore in Q3 FY24 over Q3 FY23.

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KSB has received orders of Rs 267 crore for supply of Pumps for Kudankulam site, Tamil Nadu state, India. Scope of the order is supply of Pumps along with accessories including motors. The sales/ supply of products/ services for the order is expected from quarter 4 of FY 2025.

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The scope of the order comprises supply of pumps along with accessories including motors. The sales and supply of products for the order is expected from the fourth quarter of FY 2025.

KSB (formerly known as KSB Pumps), is the manufacturer and seller of pumps, spares and valves in India. The company was established in 1960 and is presently engaged in manufacture of power driven pumps and industrial valves, cast articles of iron or steel.

The company’s consolidated net profit decline 1.80% to to Rs 54.90 crore in Q3 FY24 as against with Rs 55.90 crore posted in Q3 FY23. While Net sales stood at Rs 602.60 crore posted in Q3 FY24, registering a growth of 14.9% year on year.

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