Wonder Electricals Ltd. News, Corporate filings and Earnings/Conference Calls

Household Appliances company Wonder Electricals announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue from Operations for the quarter was Rs 129.58 crore in Q2FY25, an increase of 107.08% YoY. EBITDA (excluding other income) was at Rs 3.51 crore in Q2FY25, YoY increase of 261.31%. EBITDA Margin was at 2.71% in Q2FY25, up by 115.6 bps YoY. This growth is mainly on account of sales of high margin products. PAT is Rs 0.51 crore in Q2FY25 compared to Rs (0.10) crore in Q2FY24. H1FY25 Financial Highlights: Revenue from Operations for the H1FY25 is Rs 360.94 crore, an increase of 101.05% YoY from H1FY24 EBITDA (excluding other income) is at Rs 9.69 crore in H1FY25, YoY increase of 137.90%. EBITDA Margin is at 2.68% in H1FY25, up by 42 bps YoY. This growth is mainly on account of sales of high margin products. PAT is Rs 2.30 crore in H1FY25 compared to Rs 0.63 crore in H1FY24, while PAT Margin stood at 0.64%, higher by 28 bps during the period previous year. Harsh Kumar Anand, Chairman & Director of Wonder Electricals, said: I am pleased to share that Wonder Electricals has achieved significant growth in the second quarter of FY25, demonstrating our ongoing commitment on value creation. Our Revenue from Operations during this quarter has more than doubled, with a robust YoY growth of 107.08%, reaching Rs 129.58 crore led by higher sales volume. Our EBITDA increased by 261.31% to Rs 3.51 crore, driven by sales of value added products which has also led to a notable improvement in our EBITDA margins, to 2.71% compared to 1.55% in the same period last year. Additionally, it is gratifying to report a positive PAT of Rs 0.51 crore, a turnaround from the previous year, underscoring our improved profitability and operational resilience. As a commitment to sustainable growth, we have installed a 128-kilowatt solar power plant at our Hyderabad factory. This investment underscores our focus on sustainability and costefficiency, as it will help us reduce electricity costs significantly. Further to this, we are dedicated to lead the industry with our range of energy-efficient BLDC fans. We also aim to expand our plastic TPW and ventilating segments to meet the diverse requirements of our growing customer base. Our robust vendor network strengthens our supply capabilities, and, as demand continues to grow, we plan to strategically expand our production capacity over time to stay ahead of evolving market needs As we move forward, I am confident that our strategic initiatives will continue to propel Wonder Electricals to new heights. I want to thank our shareholders, customers, and employees for their continued trust and support.” Result PDF

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Wonder Electricals Ltd. News, Corporate filings and Earnings/Conference Calls

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