Elecon Engineering Company Limited has announced its consolidated financial results for the quarter ended December 31, 2024, showcasing significant growth in revenues and profitability.
Key Highlights:
- Revenue from Operations:
The company reported revenue of ₹528.89 crore in Q3 FY25, reflecting an 11.7% increase year-on-year (YoY) from ₹473.56 crore in Q3 FY24. Sequentially, revenue grew by 4% from ₹508.14 crore in Q2 FY25. - Profit After Tax (PAT):
Net profit for the quarter stood at ₹107.54 crore, slightly higher than ₹90.40 crore in the same quarter last year, representing an 18.9% YoY growth. PAT also rose by 22.5% sequentially from ₹87.72 crore in Q2 FY25. - Total Expenses:
Total expenses increased to ₹405.31 crore in Q3 FY25, compared to ₹367.30 crore in Q3 FY24, indicating efficient cost management while scaling operations. - Profit Before Tax (PBT):
PBT rose significantly to ₹140.24 crore, compared to ₹117.49 crore in Q3 FY24, showcasing robust operational performance.
Nine-Month Performance:
- Revenue:
For the nine months ended December 2024, revenue stood at ₹1,429.39 crore, up 4.6% YoY from ₹1,372.80 crore during the same period last year. - Net Profit:
PAT for the nine-month period was ₹267.62 crore, a 4.8% increase YoY from ₹259.33 crore.
Outlook:
Elecon Engineering has demonstrated consistent performance, supported by strong revenue growth and improved margins.
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