Consumer Electronics company Eureka Forbes announced Q2FY25 results Revenue from operations increased 13.6% YoY to Rs 672.9 crore. Continuing business grew higher at 14.7% YoY. Adjusted (Adj.) EBITDA increased 25.1% YoY to Rs 77.5 crore from Rs 62.0 crore in Q2FY24; Adj. EBITDA margin improved 106bps YoY to 11.5%. Adj. PBT (before exceptional items and ESOP) increased 36.2% YoY to Rs 65.1 crore from Rs 47.8 crore in Q2FY24. Profit After Tax increased 83.2% YoY to Rs 46.7 crore from Rs 25.5 crore in Q2FY24. The company got listed on the National Stock Exchange (NSE) on 11th September 2024; NSE scrip symbol - EUREKAFORB. Pratik Pota, MD, and CEO, Eureka Forbes, said: “Our transformation efforts continued to gain momentum with a strong performance in Q2FY25. Driven by a range of innovations across both Water and Cleaning, increased marketing investments and onset of an earlier festive season, we delivered a 14.7% continuing business growth in Q2, making this the fourth successive quarter of double-digit growth in our continuing business. Growth continued to be broad based and product business grew in excess of 20%. The impact of growth led to operating leverage benefits and despite the sharp step up in advertising investments, adjusted EBITDA margin expanded 106 bps and Profit after Tax grew 83% YoY. With strong double-digit growth for the last four consecutive quarters, and our transformation efforts continuing, we are excited about what lies ahead and remain confident of driving sustained and profitable growth in the future.” Result PDF