Consumer Electronics company PG Electroplast announced Q3FY25 results Operating Revenues for the quarter were Rs 967.69 crore – a growth of 81.9% YoY. Quarterly EBITDA stood at Rs 92.37 crore versus Rs 47.00 crore in Q3FY24 – a growth of 96.5%. Quarterly Net profit stood at Rs 40.14 crore versus Rs 19.24 crore in Q3FY24 - a growth of 108.7%. Anurag Gupta, Chairman, said: “The Product business is demonstrating impeccable execution, propelling the company forward with remarkable momentum. Growth leadership in focus area of RACs and washing machines, remains strong, and the company is actively investing in new capabilities to enhance its strategic edge. The Capability and Capacity matrix is expected to reach new highs due to ongoing innovations, new product developments, and the commissioning of additional capacity across various product categories. The company has established itself as a preferred partner for Room AC and washing machine solutions in India, serving major brands as its clients. The successful completion of the fundraising in the previous quarter has bolstered the company's balance sheet, positioning it favorably within the sector to seize emerging opportunities. The management expresses confidence and dedication to achieving industry-leading growth alongside superior return ratios in the years ahead.” Result PDF
Consumer Electronics company PG Electroplast announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Operating Revenues for the quarter were Rs 671.30 crore – a growth of 45.8% YoY. Quarterly EBITDA stood at Rs 60.54 crore versus Rs 40.86 crore in Q2FY25 – a growth of 48.2%. Quarterly Net profit stood at Rs 19.47 crore versus Rs 12.39 crore in Q2FY25 - a growth of 57.2%. H1FY25 Financial Highlights: Net Sales for the period were Rs 1991.98 crore – growth of 75.0% YoY. EBITDA stood at Rs 195.08 crore versus Rs 107.96 crore in H1FY25 – a growth of 80.7%. Net Profits stood at Rs 104.40 crore versus Rs 46.19 crore in H1FY25 – growth of 126.0%. Vishal Gupta, M.D. Finance, PG Electroplast, said: “Growth momentum in the Product division continues, and the company is seeing very strong traction with both existing and new clients, demonstrating growth leadership in key focus areas such as RACs and washing machines. Product innovations and investments in new platforms remain key priorities to drive growth prospects across product categories. The company aims to become a product leader while maintaining the most competitive cost structure in its focus areas. Capacity additions and physical infrastructure expansion are on track, and with the new facilities, the company will be one of the largest manufacturers in the country for RACs and washing machines. The focus on improving asset turnover to enhance capital efficiency remains strong. Management is confident and committed to delivering industry-leading growth with best-in-class return ratios in the coming years.” Result PDF