KSB Pumps fell 0.17% to Rs 718.75 at 12:35 IST on BSE after net profit declined 7.6% to Rs 9.97 crore on 26.6% growth in net sales to Rs 227.19 crore in Q4 December 2014 over Q4 December 2013.
The result was announced after market hours on Friday, 20 February 2015.
Meanwhile, the S&P BSE Sensex was up 88.14 points or 0.3% at 29,319.55.
On BSE, so far 2,024 shares were traded in the counter as against average daily volume of 5,150 shares in the past one quarter.
The stock was volatile. The stock fell as much as 2.6% at the day's low of Rs 701.25 so far during the day. The stock rose as much as 0.97% at the day's high of Rs 727 so far during the day. The stock had hit a 52-week low of Rs 236 on 24 February 2014. The stock had hit a record high of Rs 825 on 16 February 2015.
KSB Pumps' net profit rose 9.5% to Rs 65.42 crore on 9.4% growth in net sales to Rs 793.02 crore in the year ended 31 December 2014 (FY 2014) over the year ended 31 December 2013 (FY 2013).
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On consolidated basis, KSB Pumps' net profit rose 2.5% to Rs 68.43 crore on 9.5% growth in net sales to Rs 794.99 crore in FY 2014 over FY 2013.
KSB Pumps manufactures pumps and valves. The company supplies its products to customers from industry and building services, OEMs, the energy industry, mining and the public sector, power plants, process engineering etc. KSB's products are also used in chemical, petrochemical and other industries to transport aggressive, corrosive, explosive, solids-laden and viscous liquids, industrial and municipal waste water and in the areas of heating and air conditioning.
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