KSB Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018 and Audited Consolidated Earnings Results for the Full Year Ended December 31, 2018
February 27, 2019 at 11:53 am
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KSB Limited reported audited standalone earnings results for the fourth quarter and full year ended December 31, 2018 and audited consolidated Earnings Results for the full year Ended December 31, 2018. For the quarter, on standalone basis, the company reported revenue from operations were INR 3,466 million compared to INR 3,282 million a year ago. Total income of INR 3,523 million compared to INR 3,378 million a year ago. Net profit was INR 253 million or INR 7.27 per basic share compared to INR 274 million or INR 7.87 per basic share a year ago.
For the full year, on standalone basis, the company reported revenue from operations were INR 10,931 million compared to INR 9,692 million a year ago. Total income of INR 11,198 million compared to INR 10,008 million a year ago. Net profit was INR 740 million or INR 21.27 per basic share compared to INR 677 million or INR 19.45 per basic share a year ago.
For the year, on consolidated basis, the company reported revenue from operations were INR 10,931 million compared to INR 9,692 million a year ago. Total income of INR 11,131 million compared to INR 9,989 million a year ago. Net profit was INR 716 million or INR 20.57 per basic share compared to INR 709 million or INR 20.36 per basic share a year ago.
KSB Limited is an India-based company, which is engaged in the business of manufacturing various types of power-driven pumps and industrial valves. The Company operates through three segments: Pumps, Valves, and KSB SupremeServ. The Pumps segment is engaged in manufacturing / trading of all types of pumps, which includes industrial pumps, submersible pumps, effluent treatment pumps and spares and services. The Valves segment is engaged in manufacturing and trading of industrial valves and spares and services. The KSB SupremeServ segment is engaged in covering all service and spare parts activities. It specializes in centrifugal end suction pumps, high pressure multistage pumps, industrial gate, globe, check valves, submersible motor pumps, monobloc and mini monobloc pumps, hydro pneumatic systems, and control valves. It has manufacturing plants in Pimpri, Chinchwad, Khandala, Vambori, Coimbatore and Sinnar.
KSB Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018 and Audited Consolidated Earnings Results for the Full Year Ended December 31, 2018