KSB Limited finishes the first quarter of 2023 with strong performance!
- The Sales value for Q1 2023 is registered at INR 4,896 million which is about an 17% increase over the corresponding quarter of 2022
- Operating profit margin is at 12%
- FGD orders worth INR 339 Mio received of which 276 Mio from K C Cottrell.
- All India Dealer Conference held at Istanbul, Turkey
- Mechanical Seal Assembly Line inaugurated at IPD Pimpri.
- Ground-breaking ceremony of Sinnar new shed.
Business Highlights
(All amounts in INR million)
| Particulars | Q1 (Jan’23-Mar’23) | Q1 (Jan’22-Mar’22) | Q4 (Oct’22-Dec’22) | Jan’22 -Dec’22 |
| Sales | 4,896 | 4,177 | 5,246 | 18,220 |
| Expenses | 4,324 | 3,630 | 4,478 | 15,753 |
| Operating Profit | 572 | 547 | 768 | 2,467 |
| OPM % | 12% | 13% | 15% | 14% |
| Other Income | 93 | 95 | 87 | 454 |
| Interest | 8 | 9 | 25 | 61 |
| Depreciation | 117 | 105 | 120 | 453 |
| PBT | 540 | 528 | 710 | 2,407 |
| Net Profit | 400 | 390 | 542 | 1,793 |
Summarising the Q1’23 performance, Mr. Farrokh Bhathena, Vice President of Sales and Marketing, KSB Limite d said, “This quarter we have registered stellar performance with highest ever order intake of INR 6764 Mio in Q 1 2023 from conventional business. Our sales achieved for the quarter are 17% higher than that of the corres po nding Q1 2022. Despite the complex macroeconomic environment and shrinking margins, we are poised to leve rage growth opportunities in our key markets. These impressive results are due to our strong focus on growth st rategy. In addition, the greater customer trust in our product portfolio and our strong execution capabilities also add up to KSB’s growth momentum. Our strong order backlog with new upcoming orders gives a flying start and confidence for fiscal 2023.”
About KSB Limited
KSB Limited Founded in 1960 in India is a part of KSB SE & Co KGaA., – one of the world’s leading suppliers of pu mps, valves and systems. Combining innovative technology and excellent service to provide intelligent solutions, the company has been offering innovative and sturdy solutions to cater to the myriad needs of the Indian Custo mer may it be in power, oil, building services, process engineering, water treatment, water transport, etc. The act ivities of KSB’s in-house research centre focus on the areas of hydraulics, sealing technology, materials, production technology and automation.
Today the KSB group has a presence on all the continents with its own sales and marketing companies, manufa cturing facilities and service operations. More than 15,000 employees generate annual consolidated sales rev enue of over Two billion Euros.
Contact :
KSB Limited, Mumbai-Pune Road, Pimpri, Pune 411 018.
