KSB (500249) Q1 2024 earnings summary

Executive summary

• Q1 revenue from operations rose to ₹5,442 million from ₹4,896 million YoY; consolidated profit for the period was ₹446 million versus ₹409 million.

• Board approved a 1:5 equity share split, subject to shareholder and applicable regulatory approvals.

Financial highlights

• Standalone revenue from operations was ₹5,442 million versus ₹4,896 million YoY; profit before tax was ₹576 million versus ₹540 million.

• Standalone profit was ₹431 million versus ₹400 million YoY; total comprehensive income was ₹417 million versus ₹397 million.

• Consolidated revenue from operations was ₹5,442 million versus ₹4,896 million YoY; profit before tax was ₹597 million versus ₹552 million.

• Consolidated profit was ₹446 million versus ₹409 million YoY; total comprehensive income was ₹432 million versus ₹406 million.

Segment performance

• Pumps revenue was ₹4,500 million versus ₹4,129 million YoY; segment results were ₹362 million versus ₹413 million.

• Valves revenue was ₹950 million versus ₹773 million YoY; segment results were ₹155 million versus ₹95 million.

• Consolidated segment revenue of ₹5,450 million included ₹8 million of inter-segment revenue; revenue from operations was ₹5,442 million.