Summary of presentation - slide 9:
- Highest ever Quarterly & Yearly Revenue and Margins in the history of the Company.
- Sustained growth trajectory : Operational revenue grew by 36% on a YoY basis and 11% on QoQ basis.
- Margin expansion : Driven by better capacity utilizations, product mix, improved price realizations along with efficient cost control measures and softening of commodity prices.
- EBIDTA expands by 520 bps, PBT expands by 453 bps, PAT increases by 387 bps on YoY basis.
- Strong Revenue growth across segments during the year:
- Cranes grew by 37.75% YoY
- Construction Equipment Segment grew by 54.82% YoY
- Material Handling segment grew by 8.6% YoY
- Agri segment grew by 12.06% YoY
- Expansion of Global footprint : 72 % YoY export sales increase
Going forward, in the first few months of FY25, muted growth is anticipated due to the general election and upcoming monsoon season. At the current juncture, 15-20% revenue growth expected for FY 25
Link: FY24 presentation
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