Electronic Components company Hind Rectifiers announced Q3FY25 results Financial Highlights: Total Income grew by 24% YoY to Rs 169.4 crore in Q3FY25 from Rs 136.7 crore in Q3FY24. EBITDA increased by 34% YoY to Rs 18.1 crore in Q3FY25 from Rs 13.54 crore in O3FY24, reflecting improved operating efficiencies. EBITDA margins expanded by ~90 bps YoY to 10.7% in Q3FY25 from 9.8% in Q3FY24. PAT surged by 567% YoY to Rs 10 crore in Q3FY25 from Rs 1.5 crore in Q3FY24, driven by improved operational performance and lower financial costs. Other Highlights: The current order book stands at approximately Rs 870 crore. The Board of Directors has approved the incorporation of a wholly owned subsidiary focused on developing solutions in the field of Information Technology (IT), Artificial Intelligence (AI), Web3, and varied software. The company has commercialised the operations of a new vertical: HVAC systems. Suramya Nevatia, MD & CEO of Hind Rectifiers, said: “We are pleased to announce that Q3 and 9MFY25 have been marked by robust growth and operational excellence. Our topline for Q3FY25 stood at Rs 169.4 crore, reflecting a growth of 24% YoY. The company’s PAT grew by 567% YoY for Q3FY25, driven by effective cost management, despite the impact of rising raw material costs. The company’s order book remains strong at ~Rs 870 crore, with strong order pipeline, primarily driven by the government's continued focus on the railway sector and upcoming opportunities within the industry. We are actively progressing with our capacity expansion plans at the Sinnar and Satpur plants along with focus on backward integration which will reduce import dependency of certain components and improving cost efficiency. Overall demand seems to be intact and robust. The government’s emphasis on railway infrastructure development, modernization, and electrification continues to be a critical driver for our business. With a clear focus on indigenous product development, innovation, and execution excellence, our strategy of securing new orders, expanding our product portfolio, and improving margins enables us for sustainable growth going ahead. Our strong order book, combined with our engineering expertise and commitment to backward integration, will continue to propel us toward increased market share and long-term growth across all our business segments.” Result PDF