Pune: KSB Ltd has reported a net profit of Rs 68.6 crore in Q2 of 2024, as against Rs 64 crore in the same period last year. Its sales were at Rs 646 crore, up 9% compared to a year ago.
The company saw significant growth in the distillery and vegetable oil sectors, with the valves division seeing sales of Rs 106.2 crore in Q2 and order intake for H1 at Rs 231.5 crore.
“Q2 2024 results have demonstrated our commitment and capacity to deliver on our strategic roadmap, and with our ongoing progress and strong pipeline, we will continue to achieve such stable and profitable growth,” Prashant Kumar, vice president of sales and marketing, said in a statement. TNN We also published the following articles recently SBI first quarter result: Net profit at Rs 17,035 crore for current fiscal year State Bank of India (SBI) reported a net profit of Rs 17,035 crore for Q1FY25, a modest YoY growth. Total income increased to Rs 1,22,688 crore.
Gross non-performing assets declined from 2.76% to 2.21%.
The board approved raising up to Rs 25,000 crore in funds through issuance of bonds, requiring central government approval where necessary. Mahindra Q1 net profit rises 20% at Rs 3,283 crore; revenue at Rs 37,218 crore Mahindra & Mahindra reported a 20% increase in consolidated net profit for the first quarter ended June 30, 2024, at Rs 3,283 crore, compared to Rs 2,745 crore in the same period last year. Revenue rose by 10% to Rs 37,218 crore.
The company noted strong operating performance across its Auto, Farm, and Financial Services divisions. GAIL net profit vaults 77% to Rs 3,183 crore in Q1 GAIL's net profit jumped 77% to Rs 3,183 crore in the first quarter, aided by a 40% rise in gas transportation and a doubling of marketing margins. The company invested Rs 1,659 crore in pipelines, petrochemicals, and joint ventures, achieving 21% of its annual capital expenditure target.
Revenue from operations increased to Rs 33,692 crore from Rs 32,227 crore..
