New Delhi, Jan 24 IBNS | 9 months ago

Shakti Pumps, manufacturer of 100pc stainless steel submersible pumps in India with exports to over 100 countries, on Friday reported total revenue of Rs. 208.6 crore for the nine months ended December 31, 2013.


The company reported a 27 percent growth and its net profit stands at Rs.17 crore a 25 percent growth.

Commenting on the results, Dinesh Patidar, Chairman & Managing Director, Shakti Pumps Limited said, "The results are reflective of our strategy of quality and innovative products. Historically, second and third quarter has always been robust quarters for us. But this time around performance has been satisfactory given the heavy monsoons eventually shifting demand to the next quarter."

"On exports front also, we witnessed a strong traction leading to a healthy order book growth. Going forward, we plan to expand into new geographies and enhance our customer base through our latest brand campaign with brand ambassador Mr. Amitabh Bachchan named - Hum hain desh ke Annadata ke Shakti. We are committed to stay ahead of our peers in the domestic market and expand our profitability," Patidar said.

(Posted on 24-01-2014)

Share This Page:


Post your comments


Information on States of India:

Andaman Nicobar | Andhra Pradesh | Arunachal Pradesh | Assam | Bihar | Chandigarh | Chhattisgarh | Dadar Nagar Haveli | Daman Diu | Delhi | Goa | Gujarat | Haryana | Himachal Pradesh | Jammu Kashmir | Jharkhand | Karnataka | Kerala | Lakshadweep | Madhya Pradesh | Maharashtra | Manipur | Meghalaya | Mizoram | Nagaland | Orissa | Pondicherry | Punjab | Rajasthan | Sikkim | Tamil Nadu | Tripura | Uttar Pradesh | Uttaranchal | West Bengal

INDIA REGIONAL MAPS:

Andhra Pradesh Travel Map | Bihar Travel Map | Goa Travel Map | Gujarat Travel Map | Haryana Travel Map | Himachal Pradesh Map | Karnataka Travel Map | Kerala Travel Map | Maharashtra Travel Map | Punjab Travel Map | Rajasthan Travel Map | Sikkim Travel Map | Tamil Nadu Travel Map | Uttar Pradesh Travel Map | West Bengal Travel Map |

KERALA TRAVEL MAPS:

Alappuzha | Ernakulam | Idukki | Kannur | Kasaragod | Kollam | Kottayam | Kozhikode | Malappuram | Palakkad | Pathanamthitta | Thiruvananthapuram | Thrissur | Wayanad |

TRAVEL MAPS OF INDIA:

Airports of India | Districts of India | India Pilgrim Centers | Tourism Map of India | National Highways in India | India Railway Routes |

INDIA CITY MAPS:

Ahmadabad | Bangalore | Chennai | Coimbatore | Delhi | Hyderabad/Secunderabad | Kochi | Kolkata | Mumbai | Pondicherry | Pune | Surat |