KSB Limited, a leading pumps and valves manufacturer in India, recorded a growth of 26.5 per cent with a sales value of 8,661 Mio. INR on its half yearly sales (Jan to Jun 2022) vis-a-vis 2021 (Jan to Jun 2021).
As an experienced pump manufacturer, its product portfolio includes building and industrial technology, water transport, wastewater treatment and power plant processes, agricultural applications, residential application. Owing to the innovative research and development, KSB can meet the most diverse requirements of customers. Benefit from many years of experience and technical expertise as a renowned pump manufacturer.
Commenting upon the business highlights, Mr. Farrokh Bhathena, Director- Sales and Marketing said, “This quarter we had significant order inflow from the Petrochemical segment. We have received noteworthy orders for pumps required for Flue Gas Desulphurisation from BHEL and also orders for BB3 pumps for domestic and export.
In July, 2022 we have received the order from NPCIL for 8 nos. Primary Coolant pumps for Kaiga 5 & 6 along with electric motors and spares for a value of approx. 5000 Mio. INR. This is a follow-up order over the development order NPCIL placed with us in 2018. This order reassures the trust of NPCIL in KSB.
The overall sales achieved for the quarter is 48 per cent higher than that of the corresponding Q2 2021 quarter.”
Milind Khadilkar, Chief Financial Officer is delighted to inform that the growth in sales indicates an increased contribution from all other segments apart from Nuclear. On behalf of the Board of Directors and the management, Khadilkar has appreciated the Company’s employees and workmen because, despite the cyber-attack, the factories, branches, and warehouse teams worked round the clock in 3 shifts to ensure continued sales. Khadilkar further informed that to achieve the declared ‘Strategy 2024’, the Company has initiated major investments and infrastructure developments. He highlighted the investments planned for Solar business growth- development and manufacturing capacity and investments for Digitalization projects like Robotic Process Automation Phase 2, and Advanced Planning Solution for production planning at its EPD Plant.
