Interarch Building Products Limited announced its unaudited financial results for the quarter ended June 30, 2024. The Board also approved the reconstitution of various committees and appointed Strategic Growth Advisors Private Limited as Investor Relation Advisory.
Interarch Building Products has announced its financial results for the first quarter of FY2024, posting a net profit of ₹20.3 crore, up from ₹19.4 crore in the same period last year. The company also reported a revenue of ₹300 crore, a slight increase from ₹290 crore in Q1 FY2023.
The company’s Q1 EBITDA stood at ₹27.1 crore, compared to ₹25.2 crore in the previous year, reflecting improved operational performance. The EBITDA margin also rose to 8.92%, up from 8.57% in the same period last year.
The company’s performance highlights its focus on operational efficiency and consistent demand for its building solutions. Interarch continues to be a leader in the pre-engineered building sector, driven by innovation and strategic market growth.
As of 2:35 PM the shares of Interarch Building Products were trading 4.64% lower at ₹1,224.65
