Pricol Limited, one of India’s leading automotive technology and precision engineered Products and solutions Company, announces its results for the second quarter of the financial year 2024-25.
Q2-FY25 Consolidated Financial Performance: Revenue From Operations for the year is INR 6,500.78 Mn and the Year on Year Growth is 15.54%. EBITDA for the financial year is INR 871.24 Mn and the Year on Year Growth is 24.70%. The EBITDA Margin is 13.40 %. PAT for the year is INR 450.70 Mn and its Year on Year Growth is 35.94%.
H1-FY25 Consolidated Financial Performance: Revenue From Operations for the year is INR 12,529.87 Mn and the Year on Year Growth is 15.51%. EBITDA for the year is INR 1,677.75 Mn and the Year on Year Growth is 23.03%. The EBITDA Margin for the year is 13.39 % and PAT for the year is INR 906.31 Mn and its Year on year-on-year growth is 39.23%.
The Business Highlights of the company are, that it received an award from TATA Motors Limited under the category “Sustainability Excellence” at the Annual Supplier Conference 2024. Pricol has been certified by TÜV SÜD South Asia for implementing the Information Security Management System (ISMS) as per ISO/IEC 27001:2022 across all the operating locations.
The company has been certified by the Trusted Information Security Assessment Exchange (TISAX) which shows the commitment to safeguarding data and upholding the highest information security standards.
Commenting on the Company’s performance, Vikram Mohan, Managing Director, said “Even as the overall industry experiences relatively muted growth across the vehicle segments, I am pleased to share that we have sustained our growth momentum. Our strategic initiatives and focus on operational excellence are consistently delivering positive outcomes, as evidenced by our steady performance and the recent successful launch of new products.”
Further, he said the positive feedback from our customers underscores our dedication to quality and innovation. While market dynamics vary across segments, with particularly strong growth in the two-wheeler space, the diversified approach and commitment to technological advancement continue to drive our progress. Finally, Vikram Mohan said the company remain dedicated to its growth ambitions and to creating sustainable value for all our stakeholders.
