Revenue from operations increased 16.59% to Rs 2328.58 crore in Q4 FY24, driven by execution on defence export order and Passenger vehicle exports.
Profit before tax climbed 62.58% YoY to Rs 512.71 crore in Q4 FY24.
During the quarter, EBITDA stood at Rs 654.1 crore as compared with Rs 522.8 crore posted in corresponding quarter last year, registering the growth of 12.55%.
EBITDA margin at 28.1% in Q4 FY24 represents a 190 bps improvement YoY driven by improved product mix. For FY24, EBITDA margins have expanded by 200 bps to 27.5%.
On full year basis, the company’s standalone net profit jumped 36.3% YoY to Rs 1424.95. Revenue from operations.
B.N. Kalyani, chairman & MD, said, “The company ended the year on a strong note with topline growing by 16.6% to Rs 2,329 crore ...
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