Affordable Robotic & Automation Limited — Updates, 18-02-2025: Press Release

Affordable Robotic and Automation Limited (ARAPL) has provided key business updates reflecting its positive trajectory. The company is committed to achieving its year-on-year growth target by March 2025, with a robust order book currently valued at ₹224 crore, indicative of strong business momentum. In Q3 FY2025, ARAPL reported a remarkable 34% revenue growth year-over-year and positive EBITDA performance.

ARAPL RaaS, its subsidiary, is making strides by delivering driverless electric forklifts and pallet jacks to over 20 U.S. clients, with potential installations exceeding 200 sites. Notably, ARAPL RaaS has secured an order book worth USD 4 million and is well-positioned for multimillion-dollar contracts with several high-profile customers in the USA.

The company has also strengthened its position by infusing ₹38 crore into ARAPL RaaS last March, facilitating growth and technological advancements. Overall, these developments suggest a positive outlook for ARAPL and its shareholders, with promising opportunities for continued expansion and market leadership.