Hot Pursuit     28-Sep-23
KSB edges higher after bagging order under PM-Kusum Scheme for 800 solar water pumps
KSB added 2.43% to Rs 3002.85 after the company announced that it has received letter of award under PM-Kusum III Scheme of Rs 27.78 crore for 800 solar water pumping systems from Department of Agriculture, Uttar Pradesh.

The sales/ supply of products/ services for these orders is expected from Q4 of FY 2023, the company added.

KSB is a leading supplier of pumps, valves, and systems.

The company's consolidated net profit 32.49% to Rs 62.80 crore on 31.87% increase in net sales to Rs 591.30 crore in Q2 June 2023 over Q2 June 2022.

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