KSB Pumps revenues remained flat at Rs.5,752mn during 9MFY15 as against Rs.5,716mn of 9MFY14 while the operating expenses increased by 4.5% to reach Rs.5,120mn reducing EBITDA to Rs.631mn, which is lower by 22.5% compared to 9MFY14. EBITDA and PAT margins were reduced by 328bps and 179 bps to reach 11.2% and 7.9% by end of 9MFY15. During Q3FY15, the revenue and operating expenses declined by 6.6% and 18.1% respectively on YoY basis to Rs.1,858mn and Rs1,648mn improving EBITDA by 7.8% to Rs.291mn compared to Q3FY14 with EBITDA margin expansion of over 200bps during Q3FY15.