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
Auto Parts & Equipment company Pricol announced Q1FY24 results: Revenue From Operations for Q1FY24 of Rs 5,221 million with a growth of 20.31% QoQ EBITDA for Q1FY24 of Rs 665 million with growth of 17.39% QoQ EBITDA Margin for Q1FY24 of 12.74% Profit After Tax for Q1FY24 of Rs 319 million with growth of 55.09% QoQ Commenting on the performance of the Company, Vikram Mohan, Managing Director said, “With a strategic vision, collective efforts, and unwavering support of our team, we have reported a sharp increase in the revenue this quarter and achieved the highest ever topline in Q1 in the history of our company. The numbers are also higher than the revenue reported during Q4 in the previous financial year, which clearly shows an upward trend in line with our vision. Not only did we achieve good financial results, but we also secured multiple prestigious awards during the quarter which further strengthened our customer’s trust in our work. This trajectory is a testament to the sheer dedication of our teams who have worked to deliver this performance. We are confident to scale even higher and deliver maximum value to all our stakeholders in the years to come.” Result PDF