Indo-National Limited — Updates, 31-01-2025: Press Release

Indo-National Ltd. reported total income of ₹367 crore in the nine months of FY25, driven by its battery and mosquito repellent businesses. For Q3 FY25, revenue from operations reached ₹121.6 crore, a slight increase from ₹121.5 crore in Q3 FY24. However, EBITDA decreased substantially by 60.84% year-on-year to ₹1.5 crore, reflecting challenges from persistent inflation and macroeconomic conditions. The profit before tax (PBT) and profit after tax (PAT) dropped 88.09% and 66.43%, respectively, indicating significant pressure on profitability.

The core battery segment showed resilience, achieving market share growth for the third consecutive quarter. Enhanced marketing efforts and better inventory management laid the foundation for volume upticks. E-commerce channels experienced the strongest growth, complemented by increased distribution in modern trade and pharmacies. The company's ISO 9001 certification has been successfully reinstated, and a healthy pipeline of new products is set for launch in 2025. Challenges remain, but improvements in cost efficacy and strategic initiatives signal a positive outlook moving forward.