Mumbai, March 2 -- With the expansion, the company's total installed production capacity has increased from 7,200 metric tonnes per annum to 19,200 metric tonnes per annum, following the addition of 12,000 metric tonnes per annum. Monthly capacity has risen from 600 metric tonnes to 1,600 metric tonnes.

The new plant, located in Kashipur, Uttarakhand, will manufacture cast iron and ductile iron castings. Prior to expansion, existing capacity utilisation stood at 76.20%.

The capacity addition is aligned with the company's IPO objectives for capital expenditure on plant and machinery and is expected to support rising demand, improve operational efficiencies and enhance operating leverage.

KVS Castings operates in the ferrous castings seg...