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Shakti Pumps (India) Limited announced an investment of Rs 11,00,00,000 in its wholly owned subsidiary, Shakti Energy Solutions Limited, to establish a greenfield high-efficiency Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, with a production capacity of 2.20 GW. According to a filing with the National Stock Exchange of India Ltd. and BSE Limited, Shakti Energy Solutions Limited, incorporated on September 6, 2010, reported a turnover of Rs 239.11 crore for fiscal year 2026.

Shakti Pumps (India) Limited announced an investment of Rs 11,00,00,000 in its wholly owned subsidiary, Shakti Energy Solutions Limited, to establish a greenfield high-efficiency Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, with a production capacity of 2.20 GW. According to a filing with the National Stock Exchange of India Ltd. and BSE Limited, Shakti Energy Solutions Limited, incorporated on September 6, 2010, reported a turnover of Rs 239.11 crore for fiscal year 2026.

Shakti Pumps (India) Limited announced an investment of Rs 50,00,00,000 in its wholly owned subsidiary, Shakti EV Mobility Private Limited, by subscribing to 50,00,000 equity shares, bringing the consolidated investment to Rs 75,00,00,000. Shakti EV Mobility Private Limited, incorporated on December 16, 2021, is engaged in the manufacturing of electric vehicle motors, chargers, controllers, and has a total asset size of Rs 12,857.28 crore as of March 31, 2026.

Net profit of Shakti Pumps (India) declined 46.72% to Rs 51.59 crore in the quarter ended June 2026 as against Rs 96.83 crore during the previous quarter ended June 2025. Sales rose 37.94% to Rs 858.67 crore in the quarter ended June 2026 as against Rs 622.50 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales858.67622.50 38 OPM %9.6523.06 - PBDT78.63135.71 -42 PBT71.05129.66 -45 NP51.5996.83 -47 Powered by Capital Market - Live News

Shakti Pumps (India) will hold a meeting of the Board of Directors of the Company on 24 July 2026.