ISGEC Heavy Engineering has reported its financial results for the second quarter of FY25, showing substantial growth in revenue and a notable increase in profitability.
Key Financial Highlights for Q2 FY25:
- Revenue from Operations: ISGEC’s revenue from operations for Q2 FY25 stood at ₹1,643.90 crore, an 11.6% year-over-year (YoY) increase from ₹1,473.10 crore in the same quarter last year. Sequentially, revenue rose by 6.7% from ₹1,539.68 crore in Q1 FY25.
- Total Income: Including other income, total income for Q2 FY25 reached ₹1,667.42 crore, marking a 12.9% YoY increase from ₹1,476.66 crore in Q2 FY24 and a 7.6% rise from ₹1,548.55 crore in the previous quarter.
- Profit Before Tax (PBT): The company reported a profit before tax of ₹127.54 crore, a significant improvement of 40.4% YoY over ₹90.80 crore in Q2 FY24. QoQ, PBT saw an increase of 32.3% from ₹96.48 crore.
- Net Profit: ISGEC posted a net profit of ₹95.70 crore for Q2 FY25, a 50.2% rise from ₹63.70 crore in Q2 FY24 and a 42.5% growth from ₹67.17 crore in Q1 FY25.
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