Mr. Prashant Kumar, VP Sales and Marketing
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 development. 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 Waste Water applications of INR 6.3 Crores were also received.
The KSB Limited Nuclear Projects Division (Shirwal Plant) has been awarded the prestigious ISO 19443:2018 accreditation.
Highlights of Business
(All figures are in Indian Rupees.)
Mr. Prashant Kumar, Vice President of Sales and Marketing at KSB Limited, summarized the company’s Q2’24 performance by saying, “With a 9.3% increase in sales revenue over Q2 2023, our growth momentum is still 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 demands of the industry, our contributions to the energy sector also remain strong. Additionally, a growing range of items and replacements are now accessible online as a result of our consistent efforts to facilitate online ordering.
As we expand our Nuclear Projects Division, we have become the first firm 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 further advancements and robust pipeline.