KSB Limited reports successful Q1 2024 results showing growth & stability
2 min readKolkata: KSB Ltd., which specializes in the manufacture of pumps and valves showcasing both growth and stability in its operations, has announced successful Q1 2024 results.
- The sales revenue of Q1 2024 is INR 544.2 crores which is 11.2% higher than that of the corresponding Q1 2023.
- Energy segment crossed INR 50 Crores order intake with highlight orders – FGD of INR 4.1 Crores from General Electric, and INR 5.6 Crores for HG pumps from Haldia Petrochemicals Ltd.
- Launched Calio Pro and Etaline with SupremE Motor & Pump Drive 2 at ACREX 2024.
- Inaugurated renovated offices at Mumbai and Jaipur, and upgraded to a new office location for Bhubaneshwar, signifying our growth and dedication to creating a dynamic work environment.
Summarizing the Q1’24 performance, Prashant Kumar, Vice President of Sales and Marketing, KSB Limited said, “This quarter we have registered a steady growth in sales revenue, which is 11.2% 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. Our solar segment has also witnessed significant growth propelling us to a future focused on introducing better and sustainable solutions.”
Prashant Kumar added, “The annual dealer conference was recently concluded in Kochi where we hosted 150+ dealers was very successful, where we recognized and rewarded the star performers. We also shared our vision for the year 2024, strengthening and reinforcing our enduring partnership.”
Giving a flying start and confidence for fiscal 2024, KSB remains optimistic and committed to excellence, sustainability, and creating lasting value for all stakeholders.