Rajoo Engineers Limited has reported strong financial results for the second quarter of FY25, showcasing significant growth in both revenue and profitability.
For the quarter ended September 30, 2024:
- Revenue from operations increased by 6.12% YoY to ₹56.81 crore, compared to ₹53.53 crore in Q2 FY24.
- The company’s net profit surged by 36.74% YoY to ₹7.24 crore, up from ₹5.29 crore in the same period last year.
Key highlights of the quarter:
- EBITDA (excluding other income): ₹9.14 crore, up 27.47% YoY from ₹7.17 crore in Q2 FY24.
- EBITDA margin improved to 16.10%, reflecting an increase of 270 basis points (bps) YoY.
- PAT margin also improved to 12.74%, up by 285 bps compared to the same period last year.
Rajoo Engineers attributed the growth to a healthy order book, full-scale production, and timely deliveries. The company’s launch of the Proex series of high-performance blown film lines further strengthened its market position.