Construction & Engineering company Action Construction Equipment announced Q1FY25 results: ACE registered its best ever Q1 i.e. (Apr-Jun quarter) in terms of revenue and margins. Strong growth momentum continued with operational revenue growing by 12.82% on a YoY basis EBIDTA Margins expanded by 212 bps YoY to 17.11% Margin expansion continued, driven by operating leverage, better product mix with improved price realizations and efficient cost control measures Cranes, Construction equipment & Material Handling Volumes grew by 20% YoY On ACE’s performance, Executive Director, Sorab Agarwal shared that the company has maintained its growth momentum in the first quarter of the current fiscal year. Despite the significant event of General Elections, the company has been able to deliver its best ever Q1 i.e. Apr-Jun quarterly performance in Q1FY25. In the last few years, ACE has delivered high growth across its business segments and has improved on key operating metrics that are now best in the industry Result PDF
Construction & Engineering company Action Construction Equipment announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Rs 8,568 million Total Income Rs 1,506 million EBITDA 17.58% EBITDA Margin Rs 985 million PAT 11.50 % PAT Margin Rs 8.27/Share Diluted EPS FY24 Financial Highlights: Rs 29,909 million Total Income Rs 4,803 million EBITDA 16.06% EBITDA Margin Rs 3,282 million PAT 10.97% PAT Margin Rs 27.56/Share Diluted EPS Q4FY24 Operational Highlights: Sustained growth trajectory : Operational revenue grew by 36% on a YoY basis and 11% on QoQ basis. Margin expansion : Driven by better capacity utilizations, product mix, improved price realizations along with efficient cost control measures and softening of commodity prices. EBIDTA expands by 520 bps, PBT expands by 453 bps, PAT increases by 387 bps on YoY basis. Strong Revenue growth across segments during the year: Cranes grew by 37.75% YoY Construction Equipment Segment grew by 54.82% YoY Material Handling segment grew by 8.6% YoY Agri segment grew by 12.06% YoY Expansion of Global footprint : 72% YoY export sales increase Result PDF