Rbm Infracon Limited — Updates, 16-11-2024: Press Release

RBM Infracon Limited has reported impressive financial results for Q2 FY25, with operating income soaring to INR 649 Mn, reflecting a remarkable 222% year-on-year increase. EBITDA surged by approximately 337% to INR 100 Mn, leading to an expanded EBITDA margin of 15.38%. Profit After Tax (PAT) witnessed an astounding growth of around 391% to INR 66 Mn, resulting in a PAT margin of 10.18%. Diluted earnings per share increased significantly by 222.5% to INR 5.16.

The company also secured its largest-ever order valued at INR 34,980 Mn from ONGC for oil and gas exploration, enhancing its order book significantly. Additionally, RBM Infracon is making strides into the green hydrogen sector through a partnership with Greenzo Energy India Ltd., aiming to develop a 15 MW capacity in Gujarat. With robust demand and strategic initiatives in place, the outlook remains positive, projecting a 65-67% CAGR in revenue and 13-15% increase in operating margins from FY24 to FY26.