KSB Pumps Limited Announces Unaudited Earnings Results for the Second Quarter and Half Year Ended June 30, 2018
August 28, 2018 at 12:38 am IST
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KSB Pumps Limited announced unaudited earnings results for the second quarter and half year ended June 30, 2018. For the quarter, the company reported sales of PKR 1,310,305,000 against PKR 1,345,164,000 for the same period a year ago. Profit from operations was PKR 105,065,000 against PKR 154,446,000 for the same period a year ago. Profit before taxation was PKR 99,842,000 against PKR 148,655,000 for the same period a year ago. Profit after taxation was PKR 95,876, 000 against PKR 105,387,000 for the same period a year ago. Earnings per share - basic & diluted were PKR 7.26 against PKR 7.98 for the same period a year ago.
For the half year, the company reported sales of PKR 2,637,295,000 against PKR 2,458,290,000 for the same period a year ago. Profit from operations was PKR 209,943,000 against PKR 252,667,000 for the same period a year ago. Profit before taxation was PKR 200,978,000 against PKR 242,389,000 for the same period a year ago. Profit after taxation was PKR 170,620, 000 against PKR 175,075,000 for the same period a year ago. Earnings per share - basic & diluted were PKR 12.93 against PKR 13.26 for the same period a year ago. Net cash used in operating activities was PKR 433,092,000 against net cash generated from operating activities was PKR 550,476,000 for the same period a year ago. Fixed capital expenditure was PKR 101,801,000 against PKR 210,032,000 for the same period a year ago.
KSB Limited is an India-based company, which is engaged in the business of manufacturing various types of power-driven pumps and industrial valves. The Company operates through three segments: Pumps, Valves, and KSB SupremeServ. The Pumps segment is engaged in manufacturing / trading of all types of pumps, which includes industrial pumps, submersible pumps, effluent treatment pumps and spares and services. The Valves segment is engaged in manufacturing and trading of industrial valves and spares and services. The KSB SupremeServ segment is engaged in covering all service and spare parts activities. It specializes in centrifugal end suction pumps, high pressure multistage pumps, industrial gate, globe, check valves, submersible motor pumps, monobloc and mini monobloc pumps, hydro pneumatic systems, and control valves. It has manufacturing plants in Pimpri, Chinchwad, Khandala, Vambori, Coimbatore and Sinnar.