Suprajit Engineering Limited — Updates, 12-02-2025: Press Release
Operating revenue for Suprajit Engineering showed a consistent upward trajectory, with consolidated revenue rising by 8.4% to ₹22,903.82 Cr for the nine months ended December 2024 compared to the previous year. EBITDA on a consolidated basis increased by 27.7%, highlighting operational efficiency. The standalone revenue grew by 14.2% and EBITDA by 13.4% over the same period, showcasing strong growth in core operations.
In the third quarter, consolidated revenue grew by 8% while standalone revenue increased by 12.6%. Notably, the Suprajit Controls Division recorded a remarkable EBITDA growth of 101.2%, further indicating a successful restructuring and operationalization of new contracts despite global challenges.
The Domestic Cable Division also performed well, achieving 13.6% growth. However, the Phoenix Lamps Division faced a challenging environment in Europe, leading to stagnant revenue growth but improved operating margins.
The acquisition of Stahlschmidt Cable Systems has encountered challenges but is undergoing restructuring to stabilize operations. Overall, the company maintains a positive outlook with opportunities for growth in various segments, especially given robust performance in cable exports and new project wins in the electronics division. Investors should watch closely for further developments.
