Q3FY23 (Consolidated)
• Outperformed Auto industry with 25.3% YoY growth in auto segment compared to 3.9%
YoY production volumes in 2W + PV segment
• Revenue at ₹ 1,063.7 Mn, robust growth of 20.8% YoY
• EBITDA grew 25.3% YoY to ₹ 284.0 Mn, Strong margin at 26.1%
• Adjusted Net Profit jumped 29.5% YoY to ₹ 157.1 Mn, with margins at 14.8%
• Strong Cash & cash equivalents position of ~Rs 1,431 Mn; Debt free company
• Added new customers – Foxconn in 2W EV segment and IFB Industries in Consumer
Appliances
• Continued growing business with mega accounts by winning new orders from M&M,
Tata Motors, Toyota, Whirlpool, Electrolux and Royal Enfield
• Added sales representative in Columbia, thereby covering key markets of Latin America
9MFY23 (Consolidated)
• Consistently maintaining ~25% growth, outpacing the industry
• Revenue at ₹3,264.8 Mn, robust growth of 24.6% YoY
• EBITDA at ₹ 896.0 Mn, a sturdy growth of 31.6% YoY, strong margin at 26.9%,
• Adjusted Net Profit rises to ₹518.7 Mn, strong jump of 40.6% YoY, with a margin of
15.9%
| Subscribe To Our Free Newsletter |
