Alicon Castalloy Limited — Updates, 12-02-2025: Press Release

Alicon Castalloy Ltd reported financial results for Q3 and the nine months of FY25, highlighting a challenging demand environment that impacted profitability. Total income for Q3 FY25 fell to ₹392.93 crore, down 3% year-over-year and 15% quarter-over-quarter. The company's EBITDA plummeted 34% YoY to ₹35.09 crore, while Profit Before Tax (PBT) and Profit After Tax (PAT) witnessed a dramatic decline of 95%, posting ₹1.05 crore and ₹0.78 crore, respectively.

For the nine months ending December 31, total income rose by 14% to ₹1,298.18 crore, backed by EBITDA growth of 7% to ₹150.16 crore. However, PBT and PAT still reflected declines of 8% and 10% from the previous year.

CEO Rajeev Sikand noted the downturn was influenced by reduced demand in key export markets, a softening consumer sentiment, and operational challenges at customer facilities. Alicon is taking strategic measures to balance its portfolio and mitigate cost pressures. Despite the current difficulties, there is anticipation of a turnaround in the global industrial cycle, positioning Alicon to seize emerging growth opportunities.