{"id":5919,"date":"2022-05-30T00:45:48","date_gmt":"2022-05-29T19:15:48","guid":{"rendered":"https:\/\/timesofpowerandvoice.com\/?p=5919"},"modified":"2022-05-30T00:45:50","modified_gmt":"2022-05-29T19:15:50","slug":"ksb-limited-announces-results-of-quarter-first-of-2022","status":"publish","type":"post","link":"https:\/\/timesofpowerandvoice.com\/?p=5919","title":{"rendered":"KSB Limited announces results of quarter first of 2022!!<\/strong>"},"content":{"rendered":"\n

\u00b7         The Sales value for Q1 2022 is registered at INR 4,177 million which is about a 9% increase over the corresponding quarter of 2021<\/p>\n\n\n\n

\u00b7         Achieved ROS of 13% for the quarter<\/p>\n\n\n\n

\u00b7         Operating profit margin continues to be at 13%<\/p>\n\n\n\n

Business Highlights<\/strong><\/p>\n\n\n\n

(All amounts in INR million)<\/p>\n\n\n\n

Particulars <\/strong> <\/strong><\/td>Q1 (Jan\u201922-Mar\u201922)<\/strong><\/td>Q1 (Jan\u201921-Mar\u201921)<\/strong><\/td>Q4 (Oct\u201921-Dec\u201921)<\/strong><\/td>Jan\u201921 -Dec\u201921<\/strong><\/td><\/tr>
Sales<\/td>4,177<\/td>3,816<\/td>4,446<\/td>14,973<\/td><\/tr>
Expenses<\/td>3,630<\/td>3,196<\/td>3,882<\/td>12,879<\/td><\/tr>
Operating Profit<\/td>547<\/td>620<\/td>564<\/td>2,094<\/td><\/tr>
OPM %<\/td>13%<\/td>16%<\/td>13%<\/td>14%<\/td><\/tr>
Other Income<\/td>95<\/td>72<\/td>82<\/td>364<\/td><\/tr>
Interest<\/td>9<\/td>7<\/td>19<\/td>50<\/td><\/tr>
Depreciation<\/td>105<\/td>108<\/td>110<\/td>435<\/td><\/tr>
PBT<\/td>528<\/td>575<\/td>517<\/td>1,973<\/td><\/tr>
Net Profit<\/td>390<\/td>425<\/td>379<\/td>1,466<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Summarizing the Q1\u201922 performance, Mr. Farrokh Bhathena, Director of Sales and Marketing, KSB Limited said \u201cThis quarter we have recorded the highest ever quarterly order intake which is 54% higher than the corresponding quarter of 2021. Our sales achieved for the quarter are 9% higher than that of the corresponding Q1 2021 quarter.<\/p>\n\n\n\n

The market is gradually rolling back to the pre-covid times favouring faster market movement and business activities. A good number of project orders were received for petrochemical\/chemical segment and water wastewater segment, we also recorded good growth in agriculture segment compared to Q1\u201921\u201c.<\/p>\n\n\n\n

Major Highlights<\/strong><\/p>\n\n\n\n

\u2022         The Business activities are steadily coming back to normalcy<\/p>\n\n\n\n

\u2022         Export Orders in Q1 2022 up 54% compared to the corresponding period of last year<\/p>\n\n\n\n

\u2022         New shed inaugurated at KSB Limited Sinnar plant.<\/p>\n\n\n\n

\u2022         Mechanical Seal repair facility inaugurated at Chinchwad<\/p>\n\n\n\n

\u2022         Solar Pumps Certification for MNRE completed<\/p>\n\n\n\n

Mr. Milind Khadilkar, Chief Financial Officer is pleased to share the Strategy 2024 formed by the Company. Accordingly, the Company has a target to achieve of Order intake of INR 2,500 Crores, Sales INR 2,200 Crores and ROS of 13% by the end of year 2024. He continued to state that, the strategies focus on new products, new markets, operational excellence, solar business, export business, Digitalisation etc.<\/p>\n\n\n\n

Digitalization being one of the important pillars to achieve the Strategy 2024, Mr. Khadilkar informed top Digitalization initiatives of the Company as following:<\/p>\n\n\n\n

1. Sales Initiatives: Project Cost Information System, Dealer Management Portal<\/p>\n\n\n\n

2. Operations Initiatives: MIS Automation, Machine Monitoring & Model Workstations<\/p>\n\n\n\n

3. IT Initiatives: Cloud Adoption, Data Classification, and Data loss prevention <\/p>\n","protected":false},"excerpt":{"rendered":"

\u00b7         The Sales value for Q1 2022 is registered at INR 4,177 million which is about a 9% increase over the corresponding quarter of 2021 \u00b7         Achieved ROS of 13% for the quarter \u00b7         Operating profit margin continues to be at 13% Business Highlights (All amounts in INR million) Particulars   Q1 (Jan\u201922-Mar\u201922) Q1 (Jan\u201921-Mar\u201921) Q4 (Oct\u201921-Dec\u201921) Jan\u201921 -Dec\u201921 […]<\/p>\n","protected":false},"author":1,"featured_media":5920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[71,111],"tags":[],"class_list":["post-5919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-industrial"],"_links":{"self":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/5919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5919"}],"version-history":[{"count":1,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/5919\/revisions"}],"predecessor-version":[{"id":5921,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/5919\/revisions\/5921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/media\/5920"}],"wp:attachment":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}