Industrial Machinery company Elecon Engineering Company announced Q3FY25 results Revenue: Rs 529 crore compared to Rs 474 crore during Q3FY24, change 11.7% YoY. EBITDA: Rs 143 crore compared to Rs 120 crore during Q3FY24, change 18.4% YoY. EBITDA margin: 27.0% for Q3FY25. PAT: Rs 108 crore compared to Rs 90 crore during Q3FY24, change 19% YoY. PAT margin: 20.3% for Q3FY25. Shri Prayasvin B. Patel, Chairman & Managing Director of Elecon Engineering, said: “For Q3FY25, Elecon reported consolidated revenues of Rs 529 crore, reflecting a 12% YoY growth. The quarter's EBITDA stood at Rs 143 crores, with EBITDA margins at 27%. Profit after Tax (PAT) for Q3FY25 was Rs 108 crore, with PAT margins at 20%. Elecon remains market leader in domestic market for Industrial Gear solutions and Material Handling Equipment, offering cutting-edge manufacturing, top-tier products, and the capability to deliver customized solutions with minimal lead times. In Q3FY25, our Material Handling Equipment (MHE) division saw a remarkable 72% YoY revenue growth, with EBIT margins improving by ~1,300 basis points to 31.6%. We expect a good momentum in this segment in coming quarters. Our Gear division, in Q3FY25, experienced a marginal growth 2.1% in revenues but saw an overall decline of 3.6% over 9MFY25 period due to delay in order inflows. We see this primarily due to sluggishness in domestic market which has resulted in delay of capex investments. We are working diligently to expand our wallet share in-spite of sluggishnessin domestic steel and sugar industry. Internationally, we are progressing toward our target of generating 50% of our revenue from overseas markets by FY30. In 9MFY25, international business contributed approximately 27% of our total consolidated revenue. Our evolving relationships with OEMs and ongoing brand-building efforts are giving us confidence to achieve this goal. Our strategic alliances with global players, continued investment in R&D; and product development, along with a focus on the MHE division, will help us outperform industry trends and achieve our long-term goals. Our priority remains towards profitable growth and creating long-term value for our shareholders.” Result PDF