As of 1:29 pm, the shares were trading 3.33% higher at ₹700.00 on the NSE.
India Nippon Electricals has announced its financial results for the second quarter of the fiscal year 2025 (Q2 FY25), reporting solid growth in both revenue and profitability.
Key Highlights of Q2 FY25 Financial Performance:
- Revenue from Operations: The company’s revenue from operations for Q2 FY25 stood at ₹209.85 crore, marking a 10.6% increase year-over-year (YoY) compared to ₹189.70 crore in the same quarter last year. Sequentially, revenue grew by 12.5% from ₹186.55 crore in Q1 FY25.
- Net Profit: India Nippon Electricals posted a net profit of ₹21.16 crore for Q2 FY25, reflecting a significant YoY growth of 20.6% over the ₹17.54 crore reported in Q2 FY24. On a quarter-over-quarter (QoQ) basis, net profit rose by 16.7% from ₹18.14 crore in the previous quarter.
Analysis and Outlook
The strong YoY revenue growth reflects the company’s resilience and successful adaptation to market demands, despite prevailing economic challenges. The substantial rise in net profit suggests effective cost management and operational efficiencies, supporting India Nippon Electricals’ growth trajectory.
As the automotive and electrical components industry continues to evolve, India Nippon Electricals appears well-positioned to capitalize on emerging opportunities, driven by increased demand and a solid financial performance.
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