Shares of Enviro Infra Engineers gained over 3% today, trading at ₹291.55 on the NSE, following the announcement of its Q3 FY25 results. The company posted a 104.9% year-on-year (YoY) increase in consolidated net profit at ₹36.70 crore, compared to ₹17.91 crore in the same quarter of the previous year. The strong performance was driven by robust revenue growth and efficient cost management.
The company’s revenue from operations surged 65.04% YoY to ₹247.45 crore in Q3 FY25, up from ₹149.91 crore in Q3 FY24. Profit before tax (PBT) also witnessed a significant increase of 99.38%, reaching ₹48.31 crore compared to ₹24.23 crore in the corresponding period last year.
Total expenses rose by 59.54% YoY to ₹204.47 crore, primarily due to higher material consumption costs, which increased by 53.04% to ₹137.60 crore. Employee benefit expenses stood at ₹12.58 crore, reflecting a 50.84% YoY increase.
Expansion into renewable energy and infrastructure
Enviro Infra Engineers announced plans to expand its business into solar power, biogas, renewable energy transmission, and infrastructure development. The company aims to invest approximately ₹65-75 crore in these new sectors, leveraging the growing demand for sustainable and green energy projects.
The company emphasized that expanding into renewable energy will complement its current business in water and wastewater treatment plants. By diversifying, the firm aims to reduce costs, improve efficiency, and accelerate project delivery while supporting sustainability goals.
The company’s strong Q3 performance and its strategic expansion have boosted investor confidence, reflected in the stock’s upward movement today.
Stock details (as of February 7, 2025):
- Current share price: ₹291.55 (+3.22%)
- Previous close: ₹283.40
- Market cap: ₹51.23 billion
- Day’s range: ₹285.70 – ₹296.95
- 52-week range: ₹205.05 – ₹391.60
Enviro Infra Engineers is a leading player in the design, construction, and maintenance of water and wastewater treatment plants, primarily catering to government authorities and infrastructure projects.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
