Newly-listed Oswal Pump’s Q4 profit surges twofold YoY to ₹63 crore; check details

Oswal Pumps on Thursday, July 10, reported an over two-fold year-on-year (YoY) increase in its consolidated net profit to ₹62.92 crore in the fourth quarter of FY25, compared to ₹28.59 crore it reported in the year-ago period.

The pump manufacturer’s revenue from operations stood at ₹364.64 crore in the quarter under review, jumping 58.37% YoY from ₹230.25 crore in the March quarter of FY24.

On a sequential basis, however, the company’s net profit declined by 21.45% quarter-on-quarter (QoQ) as it clocked a profit of ₹80.02 crore in the quarter ended December 31, 2024. Its revenue from operations fell as much as 3.98% QoQ from ₹379.75 crore in the last quarter.

Oswal Pump was listed on the Indian bourses, the National Stock Exchange (NSE) and BSE, almost a month ago on June 20. It got listed at a share price of ₹634 apiece on the NSE, at a 2.36% premium over the issue price of ₹614.

The stock closed 0.24% lower at ₹736.50 on the NSE on Thursday. It has gained 16.17% since its listing.

The scrip reached a 52-week high of ₹764.20 apiece on July 9, 2025, and a low of ₹614.25 on June 23, 2025.

The Oswal Pump IPO was for ₹1,387.34 crore and was a combination of ₹890 crore worth of new equity and 81 lakh offer-for-sale shares, which aggregate to ₹497.34 crore by its promoter, Vivek Gupta.

The offer attracted 32.24 times more bids than its subscription during the three-day bidding period, from June 13 to June 17.

The company said it would use the proceeds from the issue to fund capital expenditure of the company, invest in the form of debt or equity in a wholly owned subsidiary, Oswal Solar, set up new manufacturing facilities in Haryana, clear debt, and for general corporate purposes.

The firm has a total market capitalisation of ₹8,394.44 crore as of July 10, 2025, as per data on the NSE.