Pritika Auto Industries Limited — Updates, 18-02-2025: Press Release

Pritika Auto Industries Limited reported a net revenue of Rs. 80.65 crore for Q3 FY25, a significant year-on-year increase of 13.86% from Rs. 70.83 crore in Q3 FY24, primarily driven by higher volume sales. The EBITDA grew by 15.19% to Rs. 13.38 crore with a margin improvement to 16.59%. Profit after tax also saw an increase of 11.03%, reaching Rs. 4.42 crore.

For the nine months ending December 31, 2024, total revenue stood at Rs. 255.23 crore, slightly down from Rs. 259.51 crore in the prior year. However, EBITDA rose to Rs. 42.83 crore, reflecting a growth of 4.25%. PAT increased substantially by 36.54% to Rs. 19.47 crore.

The company plans to raise up to Rs. 49.90 crore through a rights issue to strengthen its financial position and support expansion. Additionally, it has commenced commercial production for a prominent multinational tractor manufacturer, with an estimated annual business value of approximately Rs. 51.50 crore, enhancing its foothold in the agricultural segment. Investors may find a positive outlook in these developments as the company aims at sustainable growth and diversification.