AIA Engineering Limited reported its Q2 FY24-25 results with significant growth in both revenue and net profit compared to the same period last year. The company’s revenue from operations rose 17% year-on-year (YoY) to ₹1,030 crore, compared to ₹874 crore in Q2 FY23-24.
In terms of profitability, AIA Engineering achieved a notable 23% YoY increase in net profit, reaching ₹256 crore in Q2 FY24-25, up from ₹208 crore in the same quarter of the previous year.
On a quarter-on-quarter (QoQ) basis, the company’s revenue saw an 3% increase, climbing from ₹1,004 crore in Q1 FY24-25, while net profit rose marginally by 1% from ₹254 crore in the previous quarter.
Financial Highlights:
- Revenue: ₹1,030 crore, up 17% YoY from ₹874 crore in Q2 FY23-24, and 3% QoQ.
- Net Profit: ₹256 crore, up 23% YoY from ₹208 crore, and 1% QoQ.
This growth reflects AIA Engineering’s steady performance in the engineering sector, demonstrating resilience and potential for sustained growth.
Disclaimer: This summary is for informational purposes only and does not constitute financial advice.