Reports Successful Q1 2024 Results Showing Growth & Stability
Mahaveer Enterprises (Sachin Changedia), official distributors of KSB Pumps, organised a conference of associate dealers at Hotel Pride recently. The conference was convened to give detailed information about the company and its range of pumps for agriculture and domestic use.
E Kishor, General Manager (West) of KSB Pumps said the company has been doing business in 150 countries across the world. “We always strive to understand the needs and aspirations of customers by interacting with our channel partners and try to address to such needs and aspirations. KSB started its business in 1871 in Germany and has now successfully completed 150 years. Our Research Centre and Development Department is always busy developing new products and solutions for the changing needs of the customers.
He added that the company has launched in the domestic market 2 HP Single Phase Open Well Submersible and 1 HP, 1.5 HP and 2 HP three phase open well submersible pumps as well as 1 HP, 1.5 HP and 2 HP three phase centrifugal monoblock pumps. These pumps are used in water fountains, watering gardens and filling water for home use.
· The sales revenue of Q1 2024 is INR 544.2 crores which is 11.2% higher than that of the corresponding Q1 2023
· Received letter of award under PM-Kusum III Scheme of INR 63 Crores for 2500 solar water pumping systems from Maharashtra Energy Development Agency
· Received first order for desalination project of value INR 11 Crore from KSB Saudi
· Energy segment crossed INR 50 Crores order intake with highlight orders – FGD of INR 4.1 Crores from General Electric, and INR 5.6 Crores for HG pumps from Haldia Petrochemicals Ltd.
· Launched Calio Pro and Etaline with SupremE Motor & Pump Drive 2 at ACREX 2024
· Hosted 33rd All India Dealer Conference at Kochi, Kerala, themed “One Team, One Dream”
· Won ‘ESG Champion of India 2024’ Award at Dun & Bradstreet ‘ESG Leadership Summit 2024’
· Inaugurated renovated offices at Mumbai and Jaipur, and upgraded to a new office location for Bhubaneshwar, signifying our growth and dedication to creating a dynamic work environment
