EPACK Durable Limited — Updates, 13-11-2024: Press Release

EPACK Durable Limited reported a robust financial performance for Q2 and H1 FY25, highlighting a 112% year-on-year growth in revenue to ₹3,771 million. EBITDA increased by 25% to ₹96 million, with an EBITDA margin of 2.55%. Despite a net loss of ₹85 million, this reflects a 39% improvement year-on-year.

For the half-year, revenue reached ₹11,508 million, up 87%, and EBITDA rose 66% to ₹615 million, marking a significant increase in net profit by 452% to ₹149 million. The company attributes this growth to strong demand in the air conditioning sector, the operational benefits from its Sricity and Bhiwadi plants, and a diversified customer base.

Operationally, room air conditioners represented 70% of product revenue in Q2, showcasing a remarkable 187% YoY growth. The ongoing expansion of production capabilities positions EPACK Durable favorably within the competitive landscape, indicating a positive outlook for sustained growth in the domestic appliance market.