Shakti Pumps (India) Ltd

The order involves the supply, installation, testing, and commissioning of 4500 off-grid solar photovoltaic water pumping systems (SPWPS) at various locations across the state of Maharashtra. This project falls under Component-B of the PM-KUSUM scheme. The total value of the work order is approximately Rs 114.58 crore and the project is expected to be executed within 90 days from the date of issue of the work order. The company also clarified that the contract does not involve any related party transactions and confirmed that neither the promoter, promoter group, nor any group companies have any interest in the awarding entity. Shakti Pumps (India) is engaged in the manufacturing of pumps, motors, & their spare parts. The core products of the company are engineered pumps, industrial pumps, solar pumps, etc. The company's consolidated net profit jumped 22.9% to Rs 110.23 crore in Q4 FY25 as against Rs 89.67 crore posted in Q4 FY24. Revenue from operations rose 9.2% YoY to Rs 665.32 crore in the quarter ended 31 March 2025. Powered by Capital Market - Live

Shakti Pumps (India) has received Letter of Award from Maharashtra Energy Department Agency (MEDA) for 4500 Off-grid Solar Photovoltaic Water Pumping System (SPWPS) at various locations across the State of Maharashtra under MNRE Component-B of PM-KUSUM scheme. The total amount of the work order is for around Rs. 114.58 crore (inclusive of GST).Powered by Capital Market - Live

Shakti Pumps (India) announced that the Board of Directors of the Company at its meeting held on 9 May 2025, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Shakti Pumps (India) rose 22.97% to Rs 110.23 crore in the quarter ended March 2025 as against Rs 89.64 crore during the previous quarter ended March 2024. Sales rose 9.20% to Rs 665.32 crore in the quarter ended March 2025 as against Rs 609.28 crore during the previous quarter ended March 2024. For the full year,net profit rose 188.13% to Rs 408.37 crore in the year ended March 2025 as against Rs 141.73 crore during the previous year ended March 2024. Sales rose 83.57% to Rs 2516.24 crore in the year ended March 2025 as against Rs 1370.74 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales665.32609.28 9 2516.241370.74 84 OPM %24.6421.46 -23.9616.40 - PBDT155.60123.84 26 575.79208.93 176 PBT150.23119.03 26 555.80189.90 193 NP110.2389.64 23 408.37141.73 188 Powered by Capital Market - Live

Shakti Pumps (India) will hold a meeting of the Board of Directors of the Company on 9 May 2025.Powered by Capital Market - Live

The order involves the supply, installation, testing, and commissioning of 445 off-grid solar photovoltaic water pumping systems (SPWPS) at various locations across the state of Maharashtra. This project falls under Component-B of the PM-KUSUM scheme. The total value of the work order is approximately Rs 12.42 crore and the project is expected to be executed within 120 days from the date of issue of the work order. The company also clarified that the contract does not involve any related party transactions and confirmed that neither the promoter, promoter group, nor any group companies have any interest in the awarding entity. Shakti Pumps (India) is engaged in the manufacturing of pumps, motors, & their spare parts. The core products of the company are engineered pumps, industrial pumps, solar pumps, etc. The company's consolidated net profit surged 130.3% to Rs 104.05 crore in Q3 FY25 as against Rs 45.19 crore posted in Q3 FY24. Revenue from operations jumped 30.9% YoY to Rs 648.77 crore in the quarter ended 31 December 2024. Powered by Capital Market - Live

Shakti Pumps (India) has received Letter of Award from Maharashtra Energy Department Agency (MEDA) for 445 Off-grid Solar Photovoltaic Water Pumping System (SPWPS) at various locations across the State of Maharashtra under Component-B of PM-KUSUM scheme. The total amount of the work order is for around Rs. 12.42 crore (inclusive of GST). Powered by Capital Market - Live

The Board of Shakti Pumps (India) at its meeting held on 20 March 2025 has approved the appointment of Vandana Bhagavatula (DIN: 08352752) as an Additional cum Non-Executive Woman Independent Director of the Company. The Board took note of completion of tenure of Nishtha Neema (DIN: 01743710) from the post of Woman Independent Director of the Company w.e.f. 22 March 2025. Powered by Capital Market - Live

Shakti Pumps (India) will hold a meeting of the Board of Directors of the Company on 20 March 2025.Powered by Capital Market - Live

Shakti Pumps (India) announced that the Madhya Pradesh Industrial Development Corporation (MPIDC) has sanctioned 113 Acre land to our wholly owned subsidiary company i.e. Shakti Energy Solutions. This land is located at Smart Industrial Township, Sector - 7, Pithampur, Dist. Dhar (M.P.). This land will be utilized for setting up a solar cell and PV module manufacturing facility, using wafers as input material. Powered by Capital Market - Live