Remsons Industries Limited — Updates, 07-02-2025: Press Release
**Press Release Summary:**
Remsons Industries Ltd delivered impressive financial results for the quarter and nine months ended December 2024. Revenue surged 25% year-on-year to ₹1,026 million in 3QFY25, with EBITDA rising 47% to ₹124 million, translating to a 12% margin. Profit After Tax (PAT) increased by 17% YoY to ₹40 million. For the nine-month period, revenues grew 17%, with PBT and PAT climbing 28% and 19%, respectively. The company remains optimistic about reaching its revenue target of ₹9,000–10,000 million by FY29, driven by a focus on high-value products and operational efficiencies.
Key strategic developments include the acquisition of a 51% stake in BEE Lighting Ltd, expanding into the automotive lighting sector, and a 55% stake in a new joint venture, Remsons-Uni Autonics Private Ltd. Remsons also received a ₹30 crore letter of intent for supplying sensors to a Tier 1 auto supplier over three years. With accolades in sustainability and a commitment to robust information security standards, Remsons is poised for further growth and value delivery to shareholders.
