Pune: KSB Limited announced financial performance for 2024, with total sales revenue reaching ₹2,533 crore, reflecting a 12.7% year-on-year growth. The company also achieved ₹726.4 crore in sales in Q4 2024, marking a 20.5% increase compared to the same period last year.
Recognizing its consistent financial strength, KSB Limited has declared a 200% dividend for its shareholders, reinforcing its commitment to delivering strong returns.
Major Business Achievements in 2024
Technology Advancements: Inauguration of the 220 MW Primary Coolant Pump Mechanical Seal Dynamic Test Facility by the NPCIL team at the EPD plant.
Product Expansion: Launched a reciprocating plunger-type pump, catering to the growing domestic market.
Key Orders Secured: Received major valve orders from BHEL for NTPC Talcher Power Plant and from TSK Spain for the Andres-1 Power Plant project.
Sustainability Milestones: Earned third-party certifications for GHG emissions, Zero Waste to Landfill (ZWL), and Zero Liquid Discharge (ZLD).
Government-Backed Projects: Secured solar pump orders worth ₹403 crore from MSEDCL and Maharashtra Energy, and ₹204 crore from Dakshin Gujarat Vij Company under government renewable energy schemes.
KSB Limited continues to focus on Solar, Valves, Building Services, Waste Water, and Domestic segments. Despite a temporary slowdown in project-based business due to elections, the company has expanded into the Marine sector and Green Hydrogen industry, securing breakthrough orders in Railways and Hydrogen infrastructure.
"Our focus on standard business and exports will help us mitigate macroeconomic uncertainties while strengthening our global footprint," said Prashant Kumar, Vice President – Sales & Marketing, KSB Limited.