Roto Pumps Ltd Share Price – NSE  / BSE

Capital Goods-Non Electrical Equipment, Small Cap

Roto Pumps will hold a meeting of the Board of Directors of the Company on 14 November 2024.

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The company bagged the order from UAE-based Ali and Sons Oilfield Equipment Manufacturing, for a consideration of $1,416,444 equivalent to Rs 11.89 crore.

The order includes designing, engineering and supply of progressive cavity pumps along with supervision support.

The supply is expected to be completed in the second quarter of the next financial year.

Meanwhile, the firm said that the said order will be executed through Roto Pumps Mena FZE, a wholly owned subsidiary of the company in Dubai.

Roto Pumps is engaged in manufacturing of screw pumps and parts of pumps. The company's products include progressive cavity pumps (PCP), twin screw pumps (TSP) and retrofit parts.

The company’s consolidated net profit dropped 26.7% to Rs 5.54 crore in Q1 FY25 as compared to Rs 7.56 crore in Q1 FY24. Net sales grew by 5.7% year on year to Rs 57.61 crore during the quarter.

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Roto Pumps announced that the 49th Annual General Meeting (AGM) of the company will be held on 28 September 2024.

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Net profit of Roto Pumps declined 26.72% to Rs 5.54 crore in the quarter ended June 2024 as against Rs 7.56 crore during the previous quarter ended June 2023. Sales rose 5.73% to Rs 57.61 crore in the quarter ended June 2024 as against Rs 54.49 crore during the previous quarter ended June 2023.

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