AIA Engineering Ltd reported a steady set of financial results for the third quarter, with profitability improving even as revenue remained largely unchanged on a year-on-year basis. The company continued to benefit from operating efficiencies and stable demand conditions during the quarter.
For Q3, AIA Engineering posted a net profit of ₹294.4 crore, marking a 13.6% increase compared to ₹259.2 crore in the same period last year. The growth in bottom line was supported by better cost control and marginal improvement in operating performance.
Revenue for the quarter stood at ₹1,066 crore, remaining flat compared to the corresponding quarter of the previous financial year. While topline growth was muted, the company managed to protect margins amid a challenging global industrial environment.
EBITDA for the quarter rose 2.5% year-on-year to ₹290.2 crore from ₹283 crore. As a result, EBITDA margin improved to 27.2% compared to 26.5% in the year-ago period.
