Auto Parts & Equipment company Pricol announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue From Operations Q4FY24: Rs 5,662.12 million YoY Growth: 11.09% EBITDA Q4FY24: Rs 725.84 million YoY Growth: 16.44% EBITDA Margin Q4FY24: 12.82 % PAT Q4FY24: Rs 415.02 million YoY Growth: 39.25% FY24 Financial Highlights: Revenue From Operations FY24: Rs 22,081.69 million YoY Growth: 16.05 % EBITDA FY24: Rs 2,786.42 million YoY Growth: 18.17% EBITDA Margin FY24: 12.62 % PAT FY24: Rs 1,406.12 million YoY Growth: 12.77% Commenting on the performance of the company, Vikram Mohan, Managing Director said “Our results for FY24 are in line with our strategic objectives and commitment. This success highlights the persistent efforts and strong dedication of our team, who diligently pursue our objectives. As we move into the next financial year, we are encouraged to continue this upward trend in our business. The evolving mobility market in India presents both obstacles and prospects. With a rising demand for the cutting-edge solutions we offer, we are strategically positioned to address these changing needs of the market. Our priority remains fostering growth and providing value to our stakeholders in this rapidly changing market landscape.” Result PDF
Auto Parts & Equipment company Pricol announced Q3FY24 & 9MFY24 results: Q3FY24: Revenue of Rs 5,571.91 million, YoY growth of 21.61% EBITDA of Rs 696.85 million, YoY growth of 34.49% EBITDA Margin of 12.51% PAT of Rs 340.18 million, YoY growth of 27.11% Award received from Daimler Truck for “Technology and Innovation” at their Annual Supplier Meet 2023. Award received from JCB for “Best Quality Performance” at the Supplier Meet 2023. Gold Award received from Tata Motors for Total Quality Management (TQM). 9MFY24: Revenue of Rs 16,419.57 million, YoY growth of 17.86% EBITDA of Rs 2,060.58 million, YoY growth of 18.79% EBITDA Margin of 12.55% PAT of Rs 991.10 million, YoY growth of 4.46% Commenting on the performance of the company, Vikram Mohan, Managing Director said: “With our sustained efforts and team’s support, we have reported a good set of numbers in Q3FY24. We continue to receive multiple awards from various customers which further strengthens their trust in our work and we remain committed to delivering excellence across all facets of the business operations. We expect this growth trajectory to continue thereby providing increased value to all stakeholders in the years to come.” Result PDF