For the quarter, sales from the Pump Segment stood at Rs 172.80 crore and accounted for 75% of sales. PBIT from the same was down by 18% to Rs 16.80 crore and accounted for 93% of total.

For the quarter, sales from the Valves Segment stood at Rs 39.50 crore and accounted for 17% of sales. PBIT from the same stood at Rs 1.60 crore as compared to Rs 1.10 crore for Mar 17 quarter and accounted for 9% of total.

For the quarter, sales from other segment stood at Rs 16.90 crore and accounted for 7% of sales. Loss at PBIT level stood at Rs 30 lakh as compared to loss of Rs 40 lakh for Mar 17 quarter.

Performance for the 12 months ended Dec 17

For the 12 months ended Dec 17 net sales of the company stood at Rs 944.32 crore, up by 14% on YoY basis. OPM decreased by 140 bps to 11.4%, thus resulted in an OP of Rs 107.51 crore up by 2% YoY. Other income for Dec 17 quarter stood at Rs 31.71 crore up by 21% YoY. Thus, PBIDT was higher by 6% to Rs 139.22 crore. With interest costs being higher by 17% to Rs 3.67 crore and depreciation were up by 5% to Rs 30.88 crore, PBT was higher by 6% to Rs 104.67 crore. With total tax of Rs 36.96 crore, up by 10% YoY, PAT for the 12 months ended Dec 17 stood at Rs 67.71 crore, up by 4%.

For the 12 months, sales from the Pumps segment stood at Rs 807.94 crore and accounted for 77% of sales. PBIT from the same was up by 6% to Rs 95.35 crore and accounted for 92% of total.

For the 12 months, sales from the Valves segment stood at Rs 161.42 crore and accounted for 15% of sales. PBIT from the same stood at Rs 8.7 crore as compared to Rs 1.99 crore for the 12 months ended Dec 16 and accounted for 8% of total.

For the 12 months, sales from other segment stood at Rs 74.32 crore and accounted for 7% of total sales. Loss at PBIT level stood at Rs 78 lakh as compared to loss of Rs 23 lakh for 12 months ended Dec 16 period.