KSB (500249) Q3 2024 earnings summary

Executive summary

• Q3 consolidated revenue from operations was ₹6,165 million; profit for the period was ₹617 million, versus ₹5,637 million and ₹501 million in Q3 2023.

• Nine-month consolidated revenue was ₹18,067 million and profit was ₹1,744 million, compared with ₹16,446 million and ₹1,538 million in 9M 2023.

Financial highlights

• Consolidated Q3 profit before tax was ₹831 million versus ₹672 million YoY; 9M profit before tax was ₹2,327 million versus ₹2,055 million.

• Standalone Q3 revenue was ₹6,165 million, profit before tax ₹799 million and profit ₹593 million, versus ₹5,637 million, ₹644 million and ₹481 million in Q3 2023.

• Standalone 9M revenue was ₹18,067 million, profit before tax ₹2,282 million and profit ₹1,710 million, versus ₹16,446 million, ₹2,028 million and ₹1,518 million in 9M 2023.

Segment performance

• Q3 Pumps revenue was ₹5,153 million and segment results ₹632 million, versus ₹4,738 million and ₹524 million YoY.

• Q3 Valves revenue was ₹1,022 million and segment results ₹117 million, versus ₹909 million and ₹105 million YoY.

• 9M Pumps revenue was ₹15,059 million and segment results ₹1,657 million, versus ₹13,885 million and ₹1,581 million in 9M 2023.

• 9M Valves revenue was ₹3,036 million and segment results ₹425 million, versus ₹2,585 million and ₹317 million in 9M 2023.