Annual report – WPIL FY2023
Rev growth – 90%
PAT 14,302 lacs Vs 6,387 Lacs
Dividend – 20 Rs/Share
Domestically
Jal Jeevan Mission has gained traction
Extended to AMRUT 2
ATO (Assembled to order pumps) – Strong demand by MC major thrust on swage and drainage pumps. Industry like Oil and Gas are also another growth area.
Internationally
Rev 794Cr Vs 664Cr
Investments in Finder and United Pumps Australia and the oil & gas sector did well with growing order books and good aftermarket business. Another growth driver were infrastructure projects in the Middle East and North Africa region for
water and irrigation. The nuclear business of Rutschi was positively impacted by the restart of new nuclear reactors in Europe with France taking
the lead and the European Commission declaring nuclear as a Green Energy. A large number of reactors are proposed
over the medium term and this creates good potential for the business. The company is reviewing this new opportunity
and planning for the future as large investments in infrastructure and manpower will be needed to cater to this expected
demand.
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