Responsive Industries Limited — Updates, 10-02-2025: Press Release

Responsive Industries reported strong financial results for the quarter and nine months ending December 31, 2024.

**Financial Highlights:**

- Q3FY25 total income increased by 37.9% YoY to ₹370.5 Cr, while 9MFY25 total income rose by 29.2% YoY to ₹1,044.2 Cr.

- EBITDA for Q3FY25 was ₹75.0 Cr with a margin of 20.2%, compared to ₹67.9 Cr and 25.3% in Q3FY24. For 9MFY25, EBITDA grew 20.2% YoY to ₹223.0 Cr, with a margin of 21.4%.

- Profit after tax for Q3FY25 climbed to ₹47.0 Cr, a 5.0% YoY rise, while 9MFY25 PAT reached ₹144.6 Cr, up 25.3% YoY.

**Strategic Initiatives and Growth Drivers:**

The company launched Wood Plastic Composite (WPC) Flooring, enhancing its product range. This aligns with its strategic focus on value-added products, maintaining operational margins above 20%.

**Market Position and Competitive Advantage:**

With over three decades of experience, Responsive Industries is India's largest vinyl flooring manufacturer, leveraging a vertically integrated model for quality and efficiency, alongside a growing presence in the US market.

**Investor Implications:**

The robust performance amidst rising input costs indicates resilience and a positive outlook. As demand increases, investors should watch for continued growth and potential expansion opportunities in both domestic and international markets.