Consumer Electronics company EPACK Durables announced Q3FY25 results Financial Highlights: Revenue Rs 3,768 million YoY: +35% QoQ: Flat. EBITDA Rs 240 million YoY: +1.3% QoQ: +150%. EBITDA Margin 6.4% YoY: (212) Bps QoQ: 382 Bps Net Profit Rs 25 million YoY: (49%) QoQ: 129% Operational Highlights: Revenue increased by 35% YoY supported by strong industry demand, as well as addition of new customers across all segments. Lower growth in EBITDA on a YoY was primarily due to higher costs related to new Sricity plant which has not reached optimum capacity utilisation yet. Although, EBITDA growth on a QOQ basis was 150% due to better product mix resulting in higher gross margins. The Product business contributed to 98% of the total revenue. The revenue from Room Air Conditioners contributed to 66% of the total product revenue, and grew by 37% on YoY basis. Ajay DD Singhania, Managing Director & CEO, said: “We had a strong performance in Q3FY25 due to the strategic initiatives taken by the company and meeting the strong industry tailwinds. We have added various new customers this quarter and a better product mix of sales resulting in better EBITDA Margins and profitability vis-a-vis previous quarter. The capacity utilisation at Sricity plant is gradually being ramped up as we gear up to meet customers’ demand with enhanced production efficiency to support the growing needs of key customers across multiple product categories, and as we reach optimum utilization levels in coming quarters this plant will contribute considerably well to our margins.” Result PDF