Profit before tax climbed 62.01% to Rs 136.24 crore in Q4 FY24 as against Rs 84.09 crore recorded in the corresponding quarter last year.
During the quarter, EBITDA grew 45.8% year on year (YoY) to Rs 135 crore while EBITDA margin improved by 210 basis points on YoY basis to 24%.
The company’s revenue from transmission equipment was at Rs 452.33 crore (up 23.43% YoY) while material handling equipment was at Rs 112.29 crore (up 93.33% YoY) during the period under review.
Prayasvin B. Patel, chairman & managing director of Elecon Engineering Compay, said, “We are delighted to share that Elecon has delivered its highest ever revenues of Rs 1,937 crore up by 27% Y-o-Y and highest ever PAT of Rs 356 crore indicating a growth of 50% Y-o-Y for FY24 which is a testament to our commi...
More News
|
|