Commercial Vehicles company Jupiter Wagons announced Q3FY25 results Revenue from operations for Q3FY25 stood at Rs 1,029.8 crore, up 15% YoY. EBITDA for Q3FY25 at Rs 148.7 crore higher by 19.5% YoY. EBITDA Margin stood at 14.4% in Q3FY25 from 13.9% in Q3 FY24. PAT for Q3FY25 stood at Rs 96.4 crore, higher by 18.4% YoY with a PAT Margin of 9.2% EPS for the quarter is Rs 2.29 per share of a face value of Rs 10 each. Vivek Lohia, Managing Director of Jupiter Wagons Ltd. said, “We are deeply grateful for the trust and confidence our investors have placed in us, which has enabled us to sustain our operational and financial momentum this quarter. We completed Q3 with Revenues of Rs 1,030 crore, higher by 15% on a yoy basis. EBITDA was Rs 149 crore, an increase of 19.5% yoy with an EBITDA margin of 14.4% this quarter. Profit After Tax also saw a significant increase of 18.4% YoY, reaching Rs 96.4 crore, demonstrating the effectiveness of our strategies. As of 31st December 2024, our order book stood at Rs 6,320 crore, reflecting strong demand across our product verticals and highlighting the confidence of our customers. This quarter also marked significant strides in our electric mobility and sustainability efforts. Jupiter Electric Mobility (JEM) is set to commence supplies of its electric LCVs and is in process of identifying and onboarding strategic partners, driving forward its mission to revolutionize sustainable transportation across India. During the quarter, we have increased our stake in JEM from 60% to 75%. Also, in October, JEM acquired Log9’s technology and business assets for Railway Battery and Electric Truck Battery Divisions, which will enable in-house battery production for our electric light commercial vehicles, reinforcing our commitment to sustainable innovation. The expansion of our foundry capacity is nearing completion, and this will enable us to grow volumes further in our wagon business even as we are set to scale our businesses of safety systems, track components, eLCVs, wheelsets as well as brake systems for passenger and freight rolling stocks. The outlook remains bright as there are expectations that the 2025-26 Budget, could witness an substantial increase in allocation towards Railways, which will ensure that key commitments towards modernizing Railways will make progress and more importantly, the augmentation of capacity and development of infrastructure, which is the need of the hour, will continue unabated resulting in sustained demand for wagon and non-wagon railway products.” Result PDF