Oswal Pumps shares drop 5% as Q4 net profit declines 21% sequentially, revenue drops 4%

Oswal Pumps shares drop 5% as Q4 net profit declines 21% sequentially.

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Oswal Pumps share price dropped nearly 7 percent on Friday after the company reported a 21 percent decline in its net profit to Rs 63 crore, sequentially for the fourth quarter of FY25. It had reported a consolidated net profit of Rs 80 crore in October-December quarter. However, the profit jumped over two-fold year-on-year (YoY) from Rs 28 crore, reported in the same period a year ago.

Shares of Oswal Pumps Ltd. dropped to an intraday low of Rs 685.55 per share on the NSE, declining 6.81 percent. Later, it pared some of the losses to trade at Rs 701.35 apiece, down 4.66 percent.

The pump manufacturer’s revenue from operations stood at Rs 364.64 crore in the quarter under review, falling as much as 3.98 percent QoQ from Rs 379.75 crore in the last quarter. The revenue, however, jumped 58.37 percent YoY from Rs 230.25 crore in the March quarter of FY24.

The total income of the company grew to Rs 365 crore in the March quarter, compared to Rs 231 crore in the same period a year ago, while the total expenses increased to Rs 283 crore in Q4FY25 from Rs 195 crore in the same quarter of FY24.

This is the first quarterly results, post listing of shares of the company on the stock exchanges. Shares of Oswal Pumps were listed at Rs 634 per share on the NSE, a premium of 3.26 percent over its IPO price on June 20. The issue had a price band of Rs 584-614 per share.

On the BSE, the shares of the company were listed at Rs 632 apiece, a premium of 2.93 percent. The company's total market capitalization post listing of shares stood at Rs 7,203.37 crore.

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