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Q2FY25 Quarterly Result Announced for Waaree Energies Ltd.
Electrical Equipment & Products company Waaree Energies announced Q2FY25 results
Financial Highlights:
- Total Income: Rs 36,634.63 million compared to Rs 35,585.47 million during Q2FY24, change 2.95% YoY.
- EBITDA: Rs 6,139.37 million compared to Rs 5,385.09 million during Q2FY24, change 14.01% YoY.
- EBITDA Margin: 16.76% for Q2FY25.
- PAT: Rs 3,756.59 million compared to Rs 3,201.21 million during Q2FY24, change 17.35% YoY.
- PAT Margin: 10.25% for Q2FY25.
Other Highlights:
- Production of 3.3GW in H1FY25 vs 4.8GW for FY24 as a result of strong operational focus.
- Order book as on Sep 30, 2024, stands at an impressive ~20GW, demonstrating the confidence our customers have in our execution capabilities.
- EBITDA grew 15% YoY in H1FY25, clocking margins of 17.5%.
- The Board of Directors have approved an investment up to Rs 6,000 million for setting up and development of infrastructure (including land and connectivity) for the purpose of developing Renewable Power projects and bidding pipeline.
Result PDFQ2FY25 Quarterly Result Announced for Heubach Colorants India Ltd.
Specialty Chemicals company Heubach Colorants India announced Q2FY25 results
- Revenue surging 26% QoQ from Rs 1,734 million to Rs 2,184 million in Q2FY25.
- EBITDA margin nearly doubling from 7.6% in Q1FY25 to 14.3% in Q2FY25.
Q2FY25 Quarterly Result Announced for Everest Kanto Cylinder Ltd.
Industrial Products company Everest Kanto Cylinder announced Q2FY25 results
Standalone Financial Highlights:
- Income from operations: Rs 238.8 crore compared to Rs 182.3 crore during Q2FY24.
- EBITDA: Rs 22.2 crore compared to Rs 22.8 crore during Q2FY24.
- EBITDA Margin: 9.3% for Q2FY25.
- PBT: Rs 18.2 crore compared to Rs 17.9 crore during Q2FY24.
- PBT Margin: 7.6% for Q2FY25.
- PAT: Rs 13.4 crore compared to Rs 14.1 crore during Q2FY24.
- PAT Margin: 5.6% for Q2FY25.
Consolidated Financial Highlights:
- Income from operations: Rs 367.3 crore compared to Rs 299.3 crore during Q2FY24.
- EBITDA: Rs 53.1 crore compared to Rs 41.3 crore during Q2FY24.
- EBITDA Margin: 14.5% for Q2FY25.
- PBT: Rs 44.6 crore compared to Rs 30.0 crore during Q2FY24.
- PBT Margin: 12.1% for Q2FY25.
- PAT: Rs 38.6 crore compared to Rs 26.3 crore during Q2FY24.
- PAT Margin: 10.5% for Q2FY25.
Pushkar Khurana, Chairman, and Mr. Puneet Khurana, Managing Director, said: “We are pleased to report a strong performance in Q2 FY25, with notable contributions from our international markets. Our growth in EBITDA and PAT highlights the sustained demand for our products and the favorable global market environment.
In India, the outlook for seamless gas cylinders is encouraging. With strong governmental support for eco-friendly initiatives, including the promotion of natural gas and infrastructure development, the adoption of CNG vehicles is steadily increasing. The extensive rollout of the CNG distribution network across the country reinforces CNG's importance in India's transportation sector, boosting demand for seamless cylinders.
India's commitment to sustainable energy is reflected in private sector plans to establish multiple biomass-to-CNG plants. With CNG already recognized as a cleaner alternative to petrol and diesel, the increasing integration of bio-gas will make it an even more sustainable and accessible fuel choice. This development aligns with India’s green energy goals and its target of achieving net-zero emissions by 2070, positioning CNG as a future-ready fuel that meets the nation’s evolving energy needs while reducing dependency on imported fossil fuels.
Looking ahead, our advanced manufacturing facilities in Egypt and Mundra, India, are progressing as planned and are expected to be operational in upcoming quarters. With our established leadership position and a solid financial foundation, we are well-prepared to capitalize on these growth opportunities and sustain our momentum in the years to come."
Q2FY25 Quarterly Result Announced for Suraj Estate Developers Ltd.
Realty company Suraj Estate Developers announced Q2FY25 results
- Total Income: Rs 109.6 crore compared to Rs 103.7 crore during Q2FY24, change 5.7% YoY.
- EBITDA: Rs 64.0 crore compared to Rs 63.4 crore during Q2FY24, change 1.0% YoY.
- EBITDA Margin: 58.4% for Q2FY25.
- PAT: Rs 31.8 crore compared to Rs 16.9 crore during Q2FY24, change 88.1% YoY.
Rahul Thomas, Executive Director, Suraj Estate Developers, said: “We are extremely pleased with our operational performance this quarter, particularly given that it traditionally represents a seasonally week quarter. Despite this, we achieved a commendable 14% growth in sales volume alongside a 10% improvement in realizations, showcasing the resilience and growing demand for our offerings.
The YoY decline in finance costs is another positive development, largely attributable to utilization of IPO proceeds for debt repayment and reduced blended average cost of borrowings. These favorable financial conditions have contributed to strengthening our bottom line and overall financial stability.
Additionally, our successful Rs 343 crore raise through a preferential issue of equity shares and share warrants marks a pivotal milestone, providing growth capital to support key initiatives, including land acquisitions, working capital enhancement, general corporate purposes, and issuance-related expenses. This funding is essential to expanding our operational reach.
We are committed to deploying these funds strategically to consolidate our standing in the residential and commercial real estate sectors, seize emerging opportunities, and deliver sustainable, long-term value to our stakeholders.
Our optimism regarding the potential within the MMR region remains steadfast, and we look forward to capitalizing on its growth prospects in alignment with our vision for a robust and diversified portfolio.”
H1FY25 & Q2FY25 Result Announced for PTC Industries Ltd.
Industrial Products company PTC Industries announced H1FY25 & Q2FY25 results
- Total income stood at Rs 807.9 million in Q2FY25 from Rs 602.8 million in Q2FY24; a growth of 34.0% YoY. The Total Income for H1FY25 stood at Rs 1,313.1 million against Rs 1,347.0 million in H1FY24.
- EBITDA stood at Rs 296.6 million in Q2FY25 as against Rs 184.5 million in Q2FY24 a growth of 60.8% YoY. EBITDA for H1FY25 stood at Rs 433.5 million against Rs 411.1 million a growth of 5.4% YoY. The EBITDA Margin for Q2FY25 was at 36.7% and H1FY25 at 33.0% a growth of 611 bps and 249 bps respectively.
- PAT stood at Rs 173.1 million in Q2FY25 as compared to Rs 81.4 million in Q2FY25 a robust growth of 112.7% YoY. PAT for H1FY25 was at Rs 222.0 million against Rs 194.2 million a growth of 14.3% YoY.
Sachin Agarwal, Chairman & Managing Director, said: “I am happy to announce that Q2FY25 has been a period of good strategic growth for our company. Our acquisition of a state-of-the-art Hot Rolling Mill from the USA will significantly enhance our production capabilities, allowing us to produce advanced Titanium Alloy Plates and Sheets for the Aerospace and Defence sectors. This development, in synergy with our upcoming new facility in Lucknow, will help us establish a vertically integrated value chain that is unparalleled in the global market. Additionally, we have secured prestigious contracts with Israel Aerospace Industries and BAE Systems, further solidifying our reputation as a trusted supplier of critical Titanium castings for cutting-edge defence platforms. Our commitment to excellence is also reflected in our strategic hiring of senior personnel, ensuring that our team is equipped to meet the challenges and opportunities ahead. We look forward to continuing our trajectory of innovation and growth, delivering value to our stakeholders.”
