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KSB Limited reported strong financial performance for 2024, with sales revenue reaching ₹2,533 crores, marking a 12.7% increase year-on-year. The fourth quarter showed even more robust growth, with revenues of ₹726.4 crores, up 20.5% from the previous year. The company has declared a 200% dividend, reflecting its solid results.
Key business highlights include the inauguration of a Dynamic Test Facility for a primary coolant pump and the launch of a new reciprocating plunger-type pump tailored for domestic markets. KSB secured significant valve orders from BHEL for NTPC Talcher and from TSK Spain for the Andres-1 project, bolstering its portfolio. Additionally, solar pump orders have been secured under government schemes, totaling ₹403 million and ₹204 million from MSEDCL and Dakshin Gujarat Vij Company, respectively. Despite a slowdown in the project business, growth in solar, valves, and exports appears promising, indicating a positive outlook for the company moving forward.