Anlon Technology Solutions Limited — Updates, 25-11-2024: Press Release
Anlon Technology Solutions Limited has reported robust financial performance for the first half of FY25, with total revenue of INR 1,905.96 lakh, reflecting an 8.38% increase year-on-year. EBITDA rose by 12.78% to INR 387.13 lakh, resulting in improved margins of 20.31%. Profit After Tax (PAT) also climbed to INR 254.98 lakh, up 15.07%. The company's growth is supported by new direct sales strategies and the operationalization of a new manufacturing facility in Bangalore, aligned with the 'Make in India' initiative.
Strategic partnerships with Lion Protects BV and Graco India Pvt. Ltd. enhance Anlon's market offerings in fire safety and airport equipment, catering to the rising demand driven by India's infrastructure expansion. The company’s growing order book, currently valued at approximately INR 56 crore, reflects strong market interest and the potential for significant growth as India aims to increase its operational airports.
Overall, Anlon's strategic positioning and operational improvements signal a positive outlook, with expectations for continued growth in H2 FY25 as new products from the Bangalore facility start contributing to revenue.
