Eureka Forbes has released its financial results for the second quarter of FY25, showcasing significant growth in revenue from operations and a substantial year-over-year (YoY) increase in net profit.
Financial Highlights
- Revenue from Operations: For Q2 FY25, Eureka Forbes reported revenue from operations of ₹673.13 crore, marking a 13.5% increase from ₹591.44 crore in Q2 FY24. On a quarter-over-quarter (QoQ) basis, revenue rose by 21.6% from ₹553.38 crore in Q1 FY25.
- Profit Before Tax (PBT): The PBT for Q2 FY25 stood at ₹63.73 crore, reflecting a 68.6% YoY increase from ₹37.78 crore in Q2 FY24. QoQ, PBT surged by 47.6% from ₹43.18 crore in Q1 FY25.
- Net Profit: Eureka Forbes reported a net profit of ₹47.74 crore for Q2 FY25, an impressive 84.7% YoY growth from ₹25.84 crore in Q2 FY24. Compared to the previous quarter, net profit increased by 48.6% from ₹32.15 crore in Q1 FY25.
Summary
Eureka Forbes’s Q2 FY25 results reflect robust growth in both revenue and profitability, driven by improved operational efficiency and strong product performance. The company’s effective cost management has contributed to a notable rise in profitability, evident in the substantial jump in net profit.
As of 2:07 pm, the shares were trading 3.78% higher at ₹614.85 on NSE.
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Eureka Forbes