AVRO INDIA LIMITED — Updates, 05-03-2025: Press Release

AVRO India Limited reported a robust increase in revenue and net profit for Q3FY25, rising 33% and 25% respectively on a quarter-on-quarter basis. However, the company experienced a year-on-year decline due to a market slowdown, although EBITDA margins showed a positive trend.

The company is amplifying its recycling capacity with the installation of new extruder machines, expanding monthly capacity from 500 MT to 750 MT, which is currently being commissioned. Notably, AVRO has diversified its plastic waste procurement by securing 30% through corporate partnerships, reducing procurement costs by 30-40% and improving profitability.

Additionally, AVRO launched the "STAR CABINET," a new product available in various sizes and colors that caters to multiple consumer preferences. The appointment of Mr. Sunil Duggal as an Independent Director is expected to enhance the company's strategic growth, driven by his extensive industry experience.

Company leadership remains optimistic about sustained growth, leveraging operational efficiencies and government regulations supporting environmental initiatives.