ALPHA TRIBE

Pricol LimitedUpdates, 30-01-2025: Press Release

30-01-2025 | 04:31 pm

Pricol Limited reported strong consolidated financial results for the quarter and nine months ended December 31, 2024. The company achieved revenue from operations of INR 6,159.14 Mn for Q3-FY25, marking a 10.54% year-on-year growth. The EBITDA for the same period stood at INR 780.35 Mn, with an EBITDA margin of 12.67%. For the nine months, revenue reached INR 18,689.01 Mn, a 13.82% increase, and the consolidated profit after tax (PAT) surged to INR 1,320.82 Mn, representing a substantial year-over-year growth of 33.27%.

Management highlighted continued growth driven by technological innovation and operational efficiency. Pricol received multiple accolades, including recognition as one of the "Top 75 Innovative Companies" by CII and awards for quality from Daimler India, indicating their robust market position. This aligns with the company's strategic focus on enhancing value and maintaining leadership in the automotive sector. A positive outlook persists as Pricol aims for sustainable growth amidst dynamic market conditions. Investors should monitor future opportunities as the company strengthens its industry foothold.

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