KSB (500249) Q2 2024 earnings summary

Executive summary

• Q2 2024 consolidated revenue from operations was INR 6,460 million and profit for the period was INR 681 million; both were higher YoY.

• H1 2024 consolidated revenue from operations reached INR 11,902 million and profit for the period was INR 1,127 million.

Financial highlights

• Q2 revenue from operations was INR 6,460 million vs INR 5,913 million YoY; total income was INR 6,555 million vs INR 5,994 million.

• Q2 profit before tax was INR 899 million vs INR 831 million YoY; profit for the period was INR 681 million vs INR 628 million.

• H1 revenue from operations was INR 11,902 million vs INR 10,809 million; profit for the period was INR 1,127 million vs INR 1,037 million.

• Q2 consolidated total comprehensive income was INR 668 million vs INR 625 million YoY; H1 was INR 1,100 million vs INR 1,031 million.

Segment performance

• Q2 Pumps revenue was INR 5,406 million vs INR 5,018 million YoY; segment result was INR 663 million vs INR 644 million.

• Q2 Valves revenue was INR 1,064 million vs INR 903 million YoY; segment result was INR 153 million vs INR 117 million.

• H1 Pumps revenue was INR 9,906 million vs INR 9,147 million; segment result was INR 1,025 million vs INR 1,057 million.

• H1 Valves revenue was INR 2,014 million vs INR 1,676 million; segment result was INR 308 million vs INR 212 million.