Eureka Forbes Limited — Updates, 10-02-2025: Press Release
Eureka Forbes Limited continues to demonstrate robust performance with its latest financial results reflecting sustained growth amid a challenging market environment. For the quarter ending December 31, 2024, revenue increased by 11.0% year-on-year to Rs 597.8 Cr. This growth is fueled by the product business, which saw a remarkable 11.3% rise. Adjusted EBITDA surged 21.6% to Rs 64.4 Cr, showcasing improved operational efficiency with a margin of 10.8%, up by 94 basis points. Profit After Tax (PAT) recorded a strong increase of 53.6% to Rs 34.8 Cr.
For the nine months of the fiscal year, revenue rose 11.5% to Rs 1,823.5 Cr, driven by a 24.8% jump in adjusted EBITDA to Rs 205.3 Cr and a 60.3% increase in PAT to Rs 112.5 Cr. Management highlights the continued successful execution of their transformation strategy, indicating a positive outlook for sustained growth amidst innovation in high-demand product segments like premium water purifiers and robotic solutions. Investors should monitor the company’s ability to maintain this growth momentum.
