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Oswal Pumps Secures INR 380 Cr LoA from MSEDCL to Install 13,738 Off-grid Solar Pumps in Maharashtra

Oswal Pumps has secured an INR 380 crore LoA from Maharashtra State Electricity Distribution Company to supply and install over 13,738 off-grid DC solar water pumps across Maharashtra under the Magel Tyala Saur Krushi Pump Yojana.

Vivek Gupta | December 17, 2025 | By Mrinmoy Dey | 739

Oswal Pumps Reports 37 Percent YoY Surge in Revenue to INR 5,150 Mn in Q1 FY 26, PAT at 947 Mn

Oswal Pumps, a Haryana-based solar pump manufacturer, reported its highest-ever quarterly revenue of INR 5,150 million in Q1 FY26, marking a 37 percent YoY surge, driven by strong demand for its solar pumping systems under the PM-KUSUM scheme. The company PAT has surged by 34.2 percent YoY to INR 947 million.

Vivek Gupta | August 05, 2025 | By Mrinmoy Dey | 2013

Oswal Pumps Reports 88.2 Percent Surge in Revenue to INR 14,329 Mn in FY25, PAT up by 187.3 Percent

Haryana-based Oswal Pumps has reported an 88.2 percent YoY revenue growth in FY25 to INR 14,329 million, with PAT surging 187.3 percent to INR 2,806 million, driven by strong demand for its solar pumping systems.

Vivek Gupta | July 11, 2025 | By Mrinmoy Dey | 1455

Oswal Pumps Receives Approval from SEBI to Raise Funds via IPO

Haryana-based Oswal Pumps, a manufacturer of solar-powered and grid-connected submersible and monoblock pumps, electric motors, and solar modules, has received SEBI approval for its IPO comprising an INR 1,000 crore fresh equity issue and an offer-for-sale of 1.13 crore shares.

Vivek Gupta | January 03, 2025 | By Mrinmoy Dey | 2299