KSB Limited, a global leader in pumps and valves manufacturing, announced impressive growth figures for the third quarter of 2024, covering the period from July to September. The company’s emphasis on innovative technology and exceptional service delivery contributed to its strong performance.
KSB Limited demonstrated strong performance in Q3 2024, achieving quarterly sales of ₹616.5 crores, a 9.37% increase from the same period last year, and cumulative sales of ₹1,806.7 crores for the first three quarters, reflecting a 9.86% year-on-year growth. Key milestones during this period include securing ₹430 million in orders for solar pumps, reinforcing its leadership in renewable energy solutions.
The company achieved an impressive 88% employee engagement score in the KSB Voice Survey, highlighting organizational commitment. It expanded its product portfolio with the launch of the VT pump at the IFAT expo in Mumbai and enhanced manufacturing capabilities by installing an electropolishing facility at its foundry to improve corrosion resistance and quality.
Operational efficiencies were further boosted through the implementation of an Advanced Planning and Scheduling tool for production optimization and the completion of digital transformation projects, including a Mobile Warehouse Management system.
Reflecting on the quarter’s results, Mr Prashant Kumar, Vice President of Sales and Marketing at KSB Limited, stated, “This quarter’s performance reflects our commitment to driving growth and innovation, particularly in the energy segment. Beyond financial achievements, our 88% employee engagement score places us among the top four KSB companies globally, a testament to our strong culture and employee dedication. The launch of the VT pump at the prestigious IFAT expo further strengthens our product portfolio, enabling us to meet diverse customer needs effectively.”
Established in India in 1960, KSB Limited is part of KSB SE & Co. KGaA, a global leader in pump, valve, and system manufacturing. With a focus on advanced technology and intelligent solutions, KSB serves a wide range of industries, including power, oil, water treatment, and building services. The company operates with a strong in-house research center dedicated to hydraulics, sealing technology, materials science, and automation. Globally, the KSB Group employs over 15,000 people and generates annual sales exceeding €2 billion, maintaining a presence across all continents through sales, manufacturing, and service operations.
