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Shakti Pumps (India) reports 20% rise in Q1 consolidated net profit

15 Jul 2022 Evaluate

Shakti Pumps (India) has reported results for first quarter ended June 30, 2022.

The company has reported a rise of 70.87% in its net profit at Rs 7.45 crore for the quarter under review as compared to Rs 4.36 crore for the same quarter in the previous year. Total income of the company increased by 59.83% at Rs 237.88 crore for Q1FY23 as compared Rs 148.83 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 19.89% in its net profit at Rs 8.74 crore for the quarter under review as compared to Rs 7.29 crore for the same quarter in the previous year. Total income of the company increased by 62.19% at Rs 255.55 crore for Q1FY23 as compared Rs 157.56 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Kirloskar Brothers 1739.50
Elgi Equipments 588.30
Shakti Pumps (India) 455.90
KSB 804.20
Oswal Pumps 266.60
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