KSB Ltd., which is into manufacture of pumps and valves, for the fourth quarter ended March 31, reported web revenue of ₹43.1 crore in contrast with ₹40 crore within the year-earlier interval.
The firm’s revenues for the quarter grew to ₹544.2 crore from ₹489.6 crore in the identical interval final yr, up 11.2%.
The firm stated throughout the quarter it obtained a letter of award beneath PM-Kusum III Scheme of ₹63 crore for 2500 photo voltaic water pumping methods from Maharashtra Energy Development Agency. It additionally obtained its first order for desalination mission valued at ₹11 crore from KSB Saudi Arabia. Its vitality section crossed ₹50 crore so as consumption, it stated.
“Our recent venture into the light water application of the nuclear plant segment highlights our ongoing expansion efforts. Our solar segment has also witnessed significant growth propelling us to a future focused on introducing better and sustainable solutions,” a spokesperson stated.
