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consolidated profit after tax of INR 455.61 million for Q1 FY25, marking a 42.65% growth compared to Q1 FY24.
Date: August 1, 2024Coimbatore- Pricol Limited., an auto component manufacturer, announces its results for the first quarter of financial year 2024-25.
In Q1-FY25, the company reported robust financial performance with revenue from operations at INR 6,029.09 million, marking a YoY growth of 15.48%. The EBITDA stood at INR 806.51 million, reflecting a 21.27% YoY increase, resulting in an EBITDA margin of 13.38%. Notably, the PAT surged to INR 455.61 million, achieving a remarkable YoY growth of 42.65%.
Mr. Vikram Mohan, Managing Director said, “Our recent accomplishments and various recognitions from customers underscore the effectiveness of our strategic approach. By harnessing advancements in engineering and technology, we have strengthened our industry leadership in our range of product and solution offerings. The dedication and adaptability of our team in meeting customer needs is driving us to attain our ambitious objectives. In an ever-evolving market, we prioritize sustainable growth to provide noteworthy stakeholder value. We are not merely adapting to change; we are driving it, shaping a prosperous future for both our company and all our stakeholders.”