
Concord Enviro Systems Limited has reported its unaudited consolidated financial results for the quarter and half-year ended September 30, 2024. The company showcased significant growth in both revenue and profit.
Key Highlights for Q2 FY25:
- Revenue from operations surged by 67% YoY to ₹161.89 crore, compared to ₹97.35 crore in Q2 FY24.
- Profit after tax (PAT) stood at ₹17.3 crore, a substantial improvement from a loss of ₹4.37 crore in the same quarter of the previous year.
Half-Year Performance:
- For the half-year ended September 30, 2024, revenue reached ₹264.63 crore, reflecting strong operational efficiency.
- PAT for the half-year was ₹41.44 crore, as compared to a profit of ₹12.93 crore during the corresponding period in FY24.
The robust performance reflects the company’s ability to capitalize on market opportunities, improve operational efficiencies, and achieve consistent profitability. This growth is indicative of Concord Enviro Systems’ strategic initiatives paying off in an increasingly competitive industry.