Wonder Electricals Limited — Updates, 13-11-2024: Press Release

Q2 FY25 revenue for Wonder Electricals reached ₹129.58 crore, a remarkable year-on-year increase of 107.08%. EBITDA also showed strong performance at ₹3.51 crore, marking a growth of 261.31%, with an EBITDA margin of 2.71%, up 115.6 bps YoY. Positive profit after tax (PAT) of ₹0.51 crore reflects a turnaround from a loss of ₹0.10 crore in Q2 FY24. For the half-year, revenue from operations stood at ₹360.94 crore, up 101.05% YoY, while EBITDA hit ₹9.69 crore, showing a 137.90% increase. Management highlighted a strategic stock split aimed at enhancing liquidity and attracting retail investors. Additionally, a new 128-kilowatt solar power plant was installed to improve sustainability and reduce electricity costs in production. These developments indicate a positive outlook, driven by strong sales of high-margin products and strategic initiatives for growth.