KSB Pumps has soared over 8% to Rs 201 after reporting 21% year-on-year (YoY) jump in net profit at Rs 19.54 crore for the fourth quarter ended December 31, 2012 (Q4) despite of fall in operational income.
Total income from operations however declined by 13% to Rs 197 crore from Rs 227 crore in a year ago quarter, while total expenditure fallen by 15.2% to Rs 173 crore on YoY basis.
Meanwhile, the board of directors of the company has declared second interim dividend @ 45% i.e. Rs 4.50 per share on face value of Rs 10/- each.
The stock opened at Rs 190 and hit a high of Rs 203 on NSE. A combined 28,829 shares have changed hands on the counter so far on NSE and BSE.
Total income from operations however declined by 13% to Rs 197 crore from Rs 227 crore in a year ago quarter, while total expenditure fallen by 15.2% to Rs 173 crore on YoY basis.
Meanwhile, the board of directors of the company has declared second interim dividend @ 45% i.e. Rs 4.50 per share on face value of Rs 10/- each.
The stock opened at Rs 190 and hit a high of Rs 203 on NSE. A combined 28,829 shares have changed hands on the counter so far on NSE and BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%