Industrial Machinery company HLE Glascoat announced Q3FY25 results Revenue: Rs 23,102.9 lakh compared to Rs 23,923.1 lakh during Q3FY24, change -3.4%. EBIDTA: Rs 2,757.1 lakh compared to Rs 2,870.6 lakh during Q3FY24, change -4.0%. EBIDTA margin: 11.9% for Q3FY25. PAT: Rs 1,028.2 lakh compared to Rs 597.4 lakh during Q3FY24, change 72.1%. PAT margin: 4.5% for Q3FY25. Himanshu K. Patel, Managing Director, said: “We are pleased to report a stable performance for the quarter and nine-month period ended December 31, 2024, supported by a robust order book. Sequentially, the order book grew by approximately 13.4%, marking a 24.1% YoY increase. While the industrial chemical sector saw subdued demand upto Q3FY25, the pharmaceutical segment maintained steady traction. With inventory levels stabilizing, the chemical industry is expected to witness a gradual recovery in the coming quarters. Our Filtration, Drying, and Other Equipment segment continued to gain traction, recording sequential growth. Additionally, the Indian Glass-Lined Equipment business is showing signs of recovery, leading to margin improvements compared to last year. The steady buildup of its order book strengthens our confidence in further topline and margin expansion in the coming quarters. We remain focused on leveraging our recent acquisitions, which continue to provide strategic adjacencies, broaden our product portfolio, and enable entry into new industries—helping us diversify risks while driving sustainable growth. The acquisition of a 26% stake in Clean Max Anchorage Private Limited will enable us to optimize energy costs with a short payback period while furthering our sustainability goals through captive use, enhancing profitability.” Result PDF