Shares of Vesuvius India surged by over 7% following the release of their Q2 FY25 financial results, which showed significant growth in both revenue and profit margins. The company’s net profit rose by 28.92% to Rs 67.35 crore in the quarter ended June 2024, up from Rs 52.24 crore in the same period last year.
Revenue for the quarter increased by 14.60%, reaching Rs 460.87 crore, compared to Rs 402.14 crore in the previous year. The operating profit margin also improved to 19.5%, up from 16.7% year-on-year.
As of 12:15 PM, Vesuvius India shares were trading 7.23% higher at ₹5,459.65 on the NSE, reflecting strong investor confidence in the company’s robust financial performance.
