Ingersoll Rand (India) Limited has released its financial results for Q2 FY25, showcasing robust growth both year-on-year (YoY) and quarter-on-quarter (QoQ). Below are the key highlights:
Financial Highlights (YoY and QoQ)
- Revenue from Operations: The revenue for Q2 FY25 was ₹322.2 crore, reflecting a 16.3% YoY increase from ₹276.3 crore in Q2 FY24. Sequentially, the revenue rose by 1.4% from ₹317.7 crore in Q1 FY25.
- Net Profit: The net profit for Q2 FY25 stood at ₹60.3 crore, marking a significant 25.6% YoY growth from ₹48.7 crore in Q2 FY24. QoQ, the profit increased by 21.7% from ₹49.7 crore in the previous quarter.
Year-to-Date Figures
For the half-year ended September 30, 2024, Ingersoll Rand India reported:
- Revenue of ₹639.8 crore, up from ₹580.8 crore in the same period last year.
- Net Profit of ₹103.4 crore, compared to ₹97.1 crore in the corresponding period of the previous year.
This consistent growth highlights Ingersoll Rand India’s strong market performance, driven by improved operational efficiencies and steady demand in the industrial sector.