Everest Kanto Cylinder Limited — Updates, 17-02-2025: Press Release

Consolidated revenues for Q3 FY25 increased by 11.4% to ₹367.0 crore, driven by strong domestic demand, particularly in the CNG and industrial sectors. However, EBITDA fell to ₹39.9 crore with margins declining to 10.9%, reflecting challenges in the international market due to order fluctuations in the U.S. and a tough operating environment in Dubai. The PAT stood at ₹18.0 crore, a decrease compared to the prior year.

In contrast, standalone revenues rose to ₹244.3 crore with a solid EBITDA margin of 14.9%. The company remains optimistic about its long-term growth potential, particularly in the expanding CNG market in India, supported by government policies and increasing infrastructure for CNG vehicles. With a commitment to operational excellence and strategic initiatives, Everest Kanto Cylinder Limited is well-positioned to capture emerging opportunities in clean energy solutions, maintaining a positive outlook for future growth.