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KSB registers 31% revenue growth
image for illustrative purpose
Hyderabad KSB Limited, one of leading pumps and valves manufacturers in India, recorded a revenue growth of 31 per cent in the third quarter compared to the corresponding quarter a year ago. The company posted total sales of Rs 563.7 crore during July-September 2023 period. The revenue for three quarters this year increased by 27 per cent to Rs1644.6 crore.The CBE valves division recorded highest ever order intake at Rs 317.3 crore. The firm bagged orders worth Rs55.1 crores from Nuclear Power Corp. of India.
Under PM-KUSUM scheme the company got LOA (order acceptance) of Rs 27.8 crore and Rs 1.2 crore respectively from UP and Haryana Govts.