Introduction:
Leading industrial pump and valve manufacturer posted strong Q3 2024 results, with net profit rising 33.1% YoY to ₹73.1 crore. Revenue grew 20.6% YoY to ₹726.4 crore, while total income surged 20.9%, reflecting strong operational performance and business expansion.
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Share price movement of KSB:
On February 28, 2025, KSB Ltd opened at ₹635.00, up 4.23% from its previous close of ₹609.25. The stock reached a high of ₹658.00 (7.99%) and a low of ₹625.90. By 10:16 AM, it traded at ₹646.85, a 6.17% increase, with a market cap of ₹11,257.73 crore.
KSB Limited Reports Strong Q3 Growth:
KSB Limited reported a 33.1% YoY and 18.5% QoQ increase in net profit for Q3 2024, reaching ₹73.1 crore. The strong profitability growth reflects the company’s operational efficiency and sustained demand across its key business segments.
Revenue from operations surged 20.6% YoY to ₹726.4 crore in Q3 2024, compared to ₹602.6 crore in Q3 2023. On a QoQ basis, revenue rose 17.8% from ₹616.5 crore in Q2 2024, highlighting steady expansion and robust business performance.
Total income grew 20.9% YoY to ₹736.6 crore in Q3 2024, up from ₹609 crore a year ago. Sequentially, it increased 18.2% from ₹623.1 crore in Q2 2024, reinforcing the company’s consistent growth momentum and strong financial position.
Stock performance of KSB for Period of 1 week, 6 months and 1 year:
KSB Ltd witnessed a 5.2% decline over the past week, reflecting short-term market pressure. Over six months, the stock dropped 34.5%, indicating significant weakness. On a yearly basis, it fell 16.9%, highlighting ongoing challenges despite recent positive momentum.
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Shareholding pattern of KSB:
Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 69.80% | 69.80% | 69.80% |
FII | 5.30% | 5.40% | 5.40% |
DII | 10.60% | 10.20% | 10% |
Public | 14% | 15% | 14.70% |
About KSB:
KSB Ltd (NSE: KSB) manufactures industrial pumps, including end suction, high-pressure multistage, submersible motor, and monoblock pumps. It serves agriculture, wastewater treatment, energy, oil and gas, and other industries with high-quality, value-added solutions for diverse applications.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.