Jupiter Tatravognka Railwheel Factory Pvt. Ltd, the specialized wheelset manufacturing arm of Jupiter Wagons Limited, has been awarded a contract worth 255 crore from Braithwaite & Co. for the supply of 9,140 wheelsets of 840 mm diameter for 25-ton axle load applications. This order strengthens Jupiter’s position as a leading domestic manufacturer of high-performance railway wheelsets, contributing to India's growing need for self-reliant and advanced mobility solutions. The company's total order book now stands at 560 crore, reflecting the company’s growing influence in the railway infrastructure sector. Jupiter is targeting 600 crore in revenue from its wheel business in FY26, nearly doubling its current contribution. This growth will be driven by increased production capacity, strong order inflows, and enhanced domestic manufacturing capabilities. The company is setting up a world-class production facility in Odisha, which will increase its capacity from the current 20,000 forged wheels and axles annually to an impressive 1,00,000 forged wheelsets per year. The expansion is backed by a 2,500 crore investment, aligning with India's vision to bolster domestic manufacturing and reduce reliance on imports.
This order from Braithwaite & Co. underscores the trust in Jupiter Tatravognka Railwheel Factory's manufacturing excellence and our ability to meet the evolving demands of India's railway sector. With the rapid expansion of freight and passenger rail networks, there is a critical need for reliable, high-performance wheelsets produced domestically at scale. Our Odisha facility will be a game-changer in this space, ensuring India’s self-sufficiency in wheelset manufacturing while also positioning us as a global supplier. This milestone aligns with our commitment to strengthening the railway supply chain, reducing import dependency, and driving innovation in railway mobility solutions”
Schaeffler India Limited, the Motion Technology Company, announced its results for the fourth quarter and year ended December 31, 2024. The company reported a double-digit growth for the year, broad based across businesses. The quality of earnings was sustained, reflecting a focus on efficiency and cost management. The Board of Directors recommended a dividend of INR 28 per share, with a payout ratio of 45%.
I am pleased to share that we sustained double-digit YoY growth momentum consecutively for the third quarter, resulting also in a double digit growth of our annual performance. This was aided by our focus on new business wins and excellence in quality and delivery. We remained resilient despite a challenging market environment. Our focus on prudent financial management over the year will continue as we navigate the external headwinds entering 2025. Our consistent approach for dividend payments, reiterates our commitment to providing sustainable, long-term value to our shareholders.
Hampton Sky Realty Ltd. has reported a significant increase in its Q3FY25 earnings. The company's Profit After Tax (PAT) stood at Rs. 15.92 Cr, marking a robust 1038% rise year-on-year. The EBITDA for the quarter was Rs. 15.74 Cr, indicating a 318% increase compared to the same period last year. The company is also excited about its ongoing collaboration with Indian Hotels Company Limited for the development of two premium hospitality properties in Ludhiana, Punjab.
Hampton Sky Realty Ltd. is pleased to report a strong financial performance for Q3FY25 and the first nine months of FY25. During Q3FY25, EBITDA grew significantly to Rs. 15.74 crore, marking a 318% increase compared to the same period last year. Similarly, PAT for the quarter stood at Rs. 15.92 crore, reflecting a robust 1038% rise year-on- year. For the nine-month period ended December 31, 2024, EBITDA reached Rs. 30.73 crore, up by 367% compared to 9MFY24. Net profit (PAT) for 9MFY25 stood at Rs. 29.57 crore, an 889% increase over the corresponding period last year. Additionally, we are excited about our ongoing collaboration with Indian Hotels Company Limited (IHCL) and its subsidiary, Roots Corporation Limited (RCL), for the development of two premium hospitality properties in Ludhiana, Punjab. These projects, under the “Gateway” and “Ginger” brands, are a testament to our commitment to diversifying our real estate portfolio and strengthening our position in the hospitality sector. The partnership will not only enhance Ludhiana’s appeal as a key business and leisure destination but also create significant employment opportunities in the region. Hampton Sky Realty remains committed to delivering sustained growth and value to its stakeholders.
Rain Industries Limited (RAIN) released its audited financial results for the fourth quarter and year ended December 31, 2024. The company reported a revenue from operations of ¥36.76 billion for Q4 2024 and ¥153.74 billion for the full year 2024. Adjusted EBITDA for Q4 2024 was ¥3.90 billion and ¥14.98 billion for the full year 2024. The adjusted net loss after tax for Q4 2024 was ¥1.21 billion and ¥4.42 billion for the full year 2024.
Detailed management comments are not provided in the document.
Indag Rubber Limited, a leading tread manufacturing company in India, has declared its unaudited financial results for the third quarter and nine months ended 31 December 2024. Despite industry challenges, the company maintained positive profitability with an EBITDA of INR 13.0 Crores and PAT of INR 6.8 Crores.
During 9MFY25, our revenue stood at INR 179.0 Crores, reflecting a moderation from INR 197.4 Crores in 9MFY24. While the industry experienced headwinds from rising natural rubber costs and extended monsoons affecting mobility, we maintained positive profitability with an EBITDA of INR 13.0 Crores and PAT of INR 6.8 Crores. Our strategic focus on core business i.e. domestic aftermarket business (through our network of franchisees retreaders and dealers), has enabled us to navigate through these challenging market conditions. Q3FY25 revenue moderated to INR 55.9 Crores from INR 64.7 Crores in Q3FY24, reflecting industry-wide challenges from slower GDP growth and reduced infrastructure capex spending. The EBITDA margin of 4.7% and PAT margin of 1.4% in Q3FY25, were primarily due to high raw material costs that pressured our margins. Looking ahead, we are optimistic about our growth prospects in Q4FY25 and FY26, supported by our strategic initiatives to enhance accessibility with dealers and fleet owners at the grassroots level, growing appeal of retreading solutions among cost-conscious fleet operators facing higher operational costs, growing emphasis on sustainability driven by EPR compliance regulations in the tyre industry, and a strong distribution network. We remain committed to creating sustainable value for our stakeholders through our extensive network and customer-centric approach. The current market dynamics, including rising fuel prices and increasing tyre costs, are making our retreading solutions more compelling for fleet owners and operators, strengthening Indag's ability to capture value from anticipated market recovery.
Accedere Ltd, a Mumbai-based Cybersecurity firm, announced its Q3 results on February 13, 2025. The company's Board of Directors approved the establishment of a US subsidiary to focus on the newly launched AI-based Cloud & Cybersecurity Automation Tool, Controllo. The tool, designed for Governance Risk & Compliance (GRC), has already started acquiring customers and is receiving positive responses. The company is considering raising funds to expand the Controllo tool, the drone business of the subsidiary Freebird Aerospace, and to reduce the promotor's stake as per SEBI norms.
We are committed to enhancing Controllo's features, expanding our market reach, and creating enduring value for our stakeholders. The US and UAE subsidiaries should help us reach a wider base.
Affordable Robotic and Automation Limited (ARAPL) reported a 34% year-over-year revenue growth in Q3 FY2025, achieving a positive EBITDA. The company's current consolidated order book stands at INR 224 crore, indicating strong business momentum. ARAPL RaaS, a subsidiary, has commenced deliveries to over 20 U.S. clients, each operating multiple warehouses, positioning the company for potential installations exceeding 200 locations in the coming years.
Affordable Robotic and Automation Limited (ARAPL) remains steadfast in achieving its YOY target by March 2025. The company reported a 34% year-over-year revenue growth in Q3 FY2025, achieving a positive EBITDA. The current consolidated order book stands at INR 224 crore, indicating strong business momentum.
ARAPL RaaS, a subsidiary of ARAPL, has commenced deliveries to over 20 U.S. clients, each operating multiple warehouses. This positions the company for potential installations exceeding 200 locations in the coming years. ARAPL RaaS continues to lead in warehouse automation, pioneering electric + autonomous vehicles with no notable competitors in this sector.
Narayana Hrudayalaya Ltd. has reported a 2.6% increase in net profit to Rs. 1929 Crores in Q3 FY25. The report is based on the company's disclosures on financial results for the quarter ended December 31, 2024, and the investor presentation for the same quarter submitted to the stock exchanges on February 14, 2025. The company is also planning for capacity expansion with a focus on Oncology.
The news articles are based on the disclosures on financial results for the quarter ended December 31, 2024 and the investor presentation for the quarter ended December 31, 2024 submitted by the Company to the stock exchanges on February 14, 2025.
Pritika Auto Industries Limited, a leading manufacturer of tractor components in India, announced its unaudited results for the quarter and nine months ended 31st December, 2024. The company reported a YoY growth of 13.86% in Q3 FY25 with a net revenue of Rs. 80.65 crore. The profit after tax stood at Rs. 4.42 crore, indicating an increase of 11.03%. The company also announced its plan to raise up to Rs. 349.90 crores through a Rights Issue and the commencement of commercial production of ordered components for a leading multinational tractor manufacturer in India.
This quarter’s performance has been in line with expectations, given the cyclicality in market conditions. Revenue in Q3 FY25 was reported at Rs. 80.65 crore, while EBITDA and PAT grew 15.19% and 11.03% year-on-year to Rs. 13.38 crore and Rs. 4.42 crore, respectively. As part of our commitment to driving growth and creating value for our stakeholders, the Board has approved raising up to Rs. 349.90 crores through a Rights Issue of fully paid-up equity shares to our existing shareholders. This capital infusion will strengthen our financial position, support our expansion plans, and fuel future opportunities. Additionally, we are pleased to announce the commencement of commercial production of ordered components for a leading multinational tractor manufacturer in India. This milestone follows the successful completion of rigorous inspections and trials at the customer's end, reinforcing our commitment to quality and precision engineering. The total business value of these components is estimated at approximately Rs. 251.50 crores per annum, with long-term visibility extending over the next four to five years. This strategic engagement further strengthens our position in the agricultural equipment segment and underscores our ability to cater to high-value, long-term projects. We are optimistic about the company’s prospects, supported by an expanding product portfolio that now includes more value-added products, positioning us well for sustainable growth. The railways sector is a key target segment, and we are actively developing products tailored to meet its specific needs. As the Company moves forward, we remain dedicated to our core values of quality, innovation, and customer satisfaction. We look forward to achieving many more milestones and contributing significantly to the automotive industry.
Rathi Steel and Power Limited, a leading stainless steel long product manufacturer, announced their unaudited financial performance for the quarter and nine months ended December 31, 2024. The company reported a 12.4% YoY growth in production volumes and a 198% YoY growth in PAT for the nine-month period.
The Company sustained through market headwinds during the third quarter successfully. Despite macro-economic uncertainties and volatility, we have demonstrated resilience in operations... We remain optimistic for this fiscal year, and shall leverage our strengths to continue growing, while delivering sustainable value to all stakeholders.
Virtuoso Optoelectronics Ltd, a focused OEM/ODM of White Goods and Electronics Manufacturing Solution provider, has reported a 44% growth in revenue for the quarter ended Dec 2024 (Q3 FY 25) and a 35% YoY growth in Total Revenue for the nine months ended Dec 2024 (9M FY25). The company is on track to achieve the projected revenue of Rs ~700 Cr in FY25 and is looking forward to a growth of 45-55% YoY in the coming financial year.
The year started positively for VOEPL, with a steady demand during the year. Overall sales aligned with company projections. During the year there is an identified need to expand capacity in the Air Conditioning Segment due to potential capacity constraints, this in view of the higher demand expected in the coming year. Further, with the introduction of new product segments / categories and ongoing expansions, the goal is to increase both existing and new product sales, thereby improving both the bottom line and top line in future financial years. The focus remains on meeting targets and ensuring customer satisfaction.
ABB India Limited has reported a solid finish in Q4 CY2024 with record high revenue and profitability. The company posted a 12% Y-o-Y increase in orders, 22% Y-o-Y growth in revenue, and 55% Y-o-Y growth in PBT before exceptional items. The full year CY2024 highlights include the highest ever orders, revenue, and Return on capital employed (ROCE) of 26.5%.
2024 has been another year of record high orders, revenue, and margins... We continue to bring the best of global technology with local engineering and manufacturing for our customers and partners... I am proud of the ABB India team who have consistently delivered between 16% and 20% CAGR of top and bottom-line growth for the last five years... Our growth areas are well balanced between core segments that follow capex cycles, emerging segments growing rapidly on a smaller base and steady growth segments to deliver consistent performance... Sustainability in practice remains our focus in what we do to conserve resources in each dimension of our operation... We will continue to navigate opportunities and challenges with agility and foresight led by a good leadership team across divisions, ensuring sustainable growth and value creation for all our stakeholders.
Platinum Industries Ltd., a leading manufacturer of PVC and CPVC additives and the third-largest player in India's PVC stabiliser market, has announced its financial results for the third quarter (Q3) and nine months (9M) of FY25. The Company reported a 52.66% year-on-year (YoY) growth in revenue from operations for Q3 FY25, reaching ¥934.61 million, while 9M FY25 revenue surged 60.70% YoY to ¥2,957.51 million. This strong performance is driven by the Company's market leadership, innovation-driven product portfolio, and global expansion strategy.
We are pleased to report yet another quarter of robust revenue growth, fuelled by our expanding global footprint, strategic capacity enhancements, and commitment to sustainable innovation. Our leadership in PVC and CPVC stabilizers continues to drive demand, with new growth opportunities emerging across Europe, MENA, and Latin America. We remain committed to product innovation, sustainability, and long-term value creation for our stakeholders. The expansion in Palghar and Egypt will significantly strengthen our global supply chain, reduce costs, and enhance production efficiency, targeting a reduction in freight costs and streamlined raw material access. Our strategic emphasis is on volume-driven growth, ensuring Platinum Industries remains fiercely competitive in the specialty chemicals market. We are dedicated to increasing our contribution to the top and bottom lines in absolute terms, as evidenced by the robust revenue growth reported in Q3 and 9M FY25. While our margin profile is indeed shifting, this is a deliberate move to bolster a more competitive Platinum Industries, allowing us to capture a larger market share and achieve sustained financial success. With a strong balance sheet, prudent capital deployment from IPO proceeds, and a dedicated R&D focus, we are well-positioned to sustain our growth trajectory. As we execute our global expansion roadmap, Platinum Industries aims to be a market leader in specialty chemical solutions, delivering high-performance, eco-friendly products to a diverse clientele.
GMR Airports, a leading airport operator, achieved significant milestones in passenger traffic and cargo volumes in January 2025. The company handled over 10.6 million passengers across its network, marking an increase of 11.4% YoY. The highest-ever passenger traffic was recorded at Delhi, Hyderabad, and Mopa (Goa) airports. The Delhi airport now connects to 151 destinations worldwide and handled the highest-ever cargo volumes of ~0.93 million metric tonnes in YTD FY25.
This is for your information. For GMR Airports Limited (formerly GMR Airports Infrastructure Limited) VENKAT RAMANA TANGIRALA T. Venkat Ramana Company Secretary & Compliance Officer
Mangalam Seeds Ltd. has announced its unaudited financial results for the quarter ended on 31st December 2024. The total revenue stands at ₹ 6,733.14 Lakh, indicating a 15.07% year-over-year growth compared to the same period last year. The profit before tax is ₹ 787.36 Lakh. The financial results were reviewed by the Audit Committee and approved by the Board of Directors, and have undergone a Limited Review by the Statutory Auditor.
The financial results have been prepared in accordance with the Indian Accounting Standards (IND AS) as notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in section 133 of the Companies Act, 2013. The management has exercised necessary due diligence to ensure that the financial results give a true and fair view. This information has not been subjected to limited review or audit.
Active Clothing Co Limited, a leading 'design-to-shelf' platform for global fashion brands, has announced its unaudited Q3 & 9M FY25 results. The company reported a significant surge in Q3 PAT by 223% and a 93.64% increase in PAT for 9M FY25. This growth is attributed to the company's focus on innovation, efficiency, and strengthening relationships with leading global fashion brands. Active Clothing is optimizing its operations through AI-driven design, smart manufacturing, and data-backed marketing, expanding its presence in both domestic and international markets.
We are pleased to report a strong financial performance for Q3 and 9M FY25, with our Q3 PAT surging by 223% and our 9M FY25 revenue already surpassing the full-year revenue of FY24. This growth reflects our continued focus on innovation, efficiency, and strengthening relationships with leading global fashion brands. By leveraging AI-driven design, smart manufacturing, and data-backed marketing, we are optimizing our operations and expanding our presence in both domestic and international markets. Our commitment to eco-friendly materials and advanced production techniques aligns with evolving industry trends, ensuring that we stay ahead in a competitive landscape. We remain confident in our growth trajectory and look forward to delivering sustained value in the coming quarters.
PTC Industries Limited, a manufacturer of high-quality high-precision metal components, has announced financial results for the Quarter and Nine months ended 31st December 2024. The company reported a significant increase in Total Income, EBITDA, and PAT for both Q3 FY25 and 9M FY25. The key highlights include the commissioning of a Vacuum Arc Remelting (VAR) furnace and the acquisition of Trac Precision Solutions.
This quarter has been noteworthy for us. We commissioned India’s first Vacuum Arc Remelting furnace, a landmark achievement that brought us into a prestigious league of global Titanium alloy producers and enhanced India’s self-reliance in defence and aerospace industry. Our strategic acquisition of Trac Precision Solutions has been a game-changer, seamlessly integrating with our vision and expanding our capabilities in the high-precision components sector. The synergy between Trac’s expertise and our advanced alloy and casting technologies shows our commitment towards excellence and innovation. Overall, it has been a quarter of strategic advancements, technological breakthroughs, and team enhancement. I am confident that the momentum we have built will drive us to greater heights going ahead.
Calcom Vision Limited, a leading Electronics Manufacturing Services (EMS) and Original Design Manufacturing (ODM) in India, announced its unaudited financial results for the quarter and nine months ended 31st December 2024. The company reported a 9.25% YoY growth in revenue from operations and a 747.53% YoY surge in its Q3 FY25 profit after tax (PAT).
Everest Kanto Cylinder Limited, a clean energy solutions company and a leading global manufacturer of seamless steel gas cylinders, has announced its financial results for the quarter ended December 31, 2024. The company reported a 11.4% increase in consolidated revenues to Rs. 367.0 crore. The EBITDA stood at Rs. 39.9 crore with a margin of 10.9%. The Profit After Tax (PAT) was reported at Rs. 18.0 crore. The domestic business saw an uptick in demand from the CNG and industrial segments. However, the international segment faced challenges amid industry headwinds. The company remains confident in its long-term growth trajectory and is focused on enhancing operational resilience to drive profitability across global markets.
We are pleased to report a steady performance during the period under review, supported by an uptick in our domestic business. Demand from the CNG and industrial segments remained healthy, contributing to overall growth. While our international segment faced challenges amid industry headwinds, we remain confident in our long-term growth trajectory. For Q3 & 9M FY25, consolidated revenues grew by 11% and 20%, respectively, reflecting sustained business momentum. During the quarter, margin performance in our domestic business improved, driven by prudent inventory management and operational efficiencies. However, international margins were impacted by the nature of order booking in the U.S. and a challenging operating environment in Dubai. Despite these factors, we remain focused on enhancing operational resilience to drive profitability across our global markets in the coming quarters.
Permanent Magnets Ltd. (PML) announced its financial results for Q3 and 9MFY25, reporting a decrease in revenue from operations by 2% QOQ and 8% YOY in Q3FY25. The company faced subdued demand from the EV segment and reduced demand in the domestic smart meters business. Despite these challenges, PML reported a strategic development in its meters business segment with a licensing agreement with REL Developments Limited, United Kingdom. The company remains committed to its growth strategy and is confident of good growth in the coming years.
Despite the short-term challenges, we remain committed to our growth strategy and are confident of good growth in the coming years.
