The Sales value for 2021 is registered for INR 14,973 million which is about a 24% increase over the previous year. The sales value of INR 4,446 million achieved for this quarter is about a 20% increase over the corresponding quarter of the year 2020. Achieved ROS of 14% for the year and 13% for the quarter.
Acknowledging the yearly performance Mr. Farrokh Bhathena, Director Sales and Marketing, KSB Limited said, “This year we have achieved ground-breaking sales of INR 14,973 million despite the hindrance from the pandemic. We have registered a sales growth of 24% over last year and a growth of 20% over the corresponding quarter of the year.
I believe demand trends are gravitating back to pre-Covid times, it is evident from our all-time high figures. With the ease of restriction from Govt. our supply chain remained intact and I am sure we will continue to achieve exponential growth in sales in coming quarters too.”
Mr. Milind Khadilkar, Chief Financial Officer said that the Company could deliver healthy growth due to our meticulous planning, resilience, focused efforts in these difficult times. As a result, we are pleased to give a sumptuous return on healthy profit achieved by the Company for the year FY 2021, to our shareholders by declaring a dividend of INR 12.50 per share (125%).