Eureka Forbes has released its financial results for the second quarter of FY25, demonstrating notable growth in revenue from operations and a solid increase in net profit year-over-year (YoY).
Financial Highlights
- Revenue from Operations: For Q2 FY25, Eureka Forbes reported revenue from operations of ₹673.13 crore, representing a 13.5% increase from ₹591.44 crore in Q2 FY24. On a quarter-over-quarter (QoQ) basis, revenue rose by 21.6% from ₹553.38 crore in Q1 FY25.
- Profit Before Tax (PBT): The PBT for Q2 FY25 stood at ₹63.73 crore, marking a 68.6% YoY increase from ₹37.78 crore in Q2 FY24. QoQ, PBT surged by 47.6% from ₹43.18 crore in Q1 FY25.
- Net Profit: The net profit for Q2 FY25 was ₹47.74 crore, a substantial 84.7% YoY rise from ₹25.84 crore in Q2 FY24. Compared to the previous quarter, net profit grew by 48.6% from ₹32.15 crore in Q1 FY25.
Summary
Eureka Forbes’s Q2 FY25 results reflect significant growth in both revenue and profitability, driven by increased operational efficiency and strong performance across its product lines. The company’s efforts in managing expenses effectively have contributed to enhanced profitability, evident in the notable rise in net profit.
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Eureka Forbes