Pricol Limited announced its Q3 results, highlighted by a revenue exceeding ₹1,000 crore. The company reported an EBITDA of approximately ₹125 crore, a 12.19% growth. The PAT grew by 6.24%, and EPS reached ₹5.22 compared to ₹3.4 in the previous year’s Q3. The results reflect significant year-over-year growth, marking a strong financial period for the company.
Financial Highlights
Pricol Limited reported strong financial results for Q3. Key highlights include:
- Revenue surpassing ₹1,000 crore.
- EBITDA of approximately ₹125 crore, reflecting a 12.19% growth.
- PAT growth of 6.24%.
- EPS of ₹5.22, compared to ₹3.4 in the corresponding quarter of the previous year.
Nine-Month Consolidated Performance
The company’s consolidated performance for the nine-month period showed strong growth:
- Revenue from operations reached nearly ₹2,900 crore.
- EBITDA stood at ₹350 crore, with a margin of 12.11%.
- PAT percentage was 6.15%, and EPS was ₹14.57.
Growth Metrics
Significant year-over-year growth was observed across key financial metrics:
- Q3 sales grew by 65.67% on a consolidated basis.
- EBITDA increased by 59.44%.
- Revenue from operations for the nine-month period grew by 54.42%.
- EBITDA growth for the nine-month period was recorded at 42.24%.
New Developments and Outlook
Pricol is focusing on new products and technologies, including telematics, battery management systems, and e-cockpits. Partnerships, such as the exclusive MOU with BOE for backward integration of LCD and TFT displays, aim to enhance localization and business growth. The company is investing in a new plant and a center of excellence to support these initiatives and plans to focus on forward-looking employees to drive innovation.
Source: BSE
