KSB Ltd Q4 PAT ends almost flat at Rs32cr due to the income tax effect

KSB Ltd reported 9.76% growth in total revenues for the Dec-20 quarter on consolidated basis at Rs369.90cr

Feb 26, 2021 12:02 IST India Infoline News Service

KSB Ltd reported 9.76% growth in total revenues for the Dec-20 quarter on consolidated basis at Rs369.90cr. If you look at the two principal verticals in which KSB operates, the company witnessed good yoy growth in the output and sales of pumps and valves. The impact of the COVID pandemic on the company is fairly limited and that is evident from the fact that even in Sep-20, there was no base effect to fear about.

The consolidated Profit after tax (PAT) for the Dec-20 quarter was almost flat at Rs32cr. Despite higher sales, the company managed to grow profits at only a flat rate due to the deferred tax benefit taken by some companies. Due to the profit fall on a higher sales base, the PAT margins actually fell from 9.67% in Dec-19 to 8.65% in Dec-20 quarter.


Financial highlights for Dec-20 compared yoy and sequentially



KSB Ltd
Rs in Crore Dec-20 Dec-19 YOY Sep-20 QOQ
Total Income (Rs cr) ₹ 369.90 ₹ 337.00 9.76% ₹ 362.30 2.10%
Net Profit (Rs cr) ₹ 32.00 ₹ 32.60 -1.84% ₹ 42.70 -25.06%
Diluted EPS (Rs) ₹ 9.20 ₹ 9.37 ₹ 12.27
Net Margins 8.65% 9.67% 11.79%
 

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