Shivalic Power Control Limited — Important, 13-11-2024: Updates

Shivalic Power Control Limited's Board of Directors has approved the unaudited financial results for H1 FY25. The results reveal significant growth, with revenues soaring by 72.5% to ₹5,351.8 lakh, driven by a boost in operational efficiency and new business strategies. EBITDA increased by 52.5%, reaching ₹935.0 lakh, while profit after tax (PAT) surged by 117.2% to ₹646.2 lakh.

The company is on track with its strategic objectives, emphasizing talent acquisition and expansion into major cities, alongside implementing digital transformation initiatives such as SAP and QR code technology in products. Shivalic is also introducing innovative products like smart switchboards and AMCs in the panel industry, reflecting a pivot towards more value-added services.

Looking ahead, investors should note Shivalic’s robust growth metrics alongside its focus on sustainable practices and enhanced customer engagement, which could signal strong future performance in a competitive market landscape. Watch closely for further developments as the company advances its strategic growth initiatives.