Pricol Limited one of India’s leading auto component manufacturers, announces its results for the first quarter of financial year 2024-25.
Consolidated Financial performance of Q1- FY25, Revenue from Operations in Q1-FY25 is INR 6,029.09 Mn and the year-on-year growth is 15.48%, EBITDA of Q1-FY25 is INR 806.51Mn and the year-on-year growth is 21.27% and the EBITDA Margin of Q1-FY25 is 13.38%. The PAT of Q1-FY25 is INR 455.61 Mn and the year-on-year growth is 42.65%.
Business Highlights of Q1-FY25
Received an award from Suzuki Motorcycle India Limited under the category “Best Delivery Management” at their Annual Vendor Conference 2024. Also, won another award under the category “Financial Prudence” at the same event. Pricol has been consecutively awarded as the Best Supplier by Suzuki Motorcycle India Private Limited (SMIPL) for three years in a row.
Received the “Best Practice Award” from TVS Motor in TVSM’s reliability cluster program for the Brushless Direct Current (BLDC) fuel pump module based on design and process robustness.
Pricol’s Product Reliability Assurance Lab has been assessed and accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) under the ISO/IEC 17025:2017 standard.
Commenting on the performance of the Company, Vikram Mohan, Managing Director said “Our recent accomplishments and various recognitions from customers underscore the effectiveness of our strategic approach. By harnessing advancements in engineering and technology, we have strengthened our industry leadership in our range of product and solution offerings.
The dedication and adaptability of our team in meeting customer needs are driving us to attain our ambitious objectives. In an ever-evolving market, we prioritize sustainable growth to provide noteworthy stakeholder value. We are not merely adapting to change; we are driving it, shaping a prosperous future for both our company and all our stakeholders.”
