PG Electroplast Limited — Updates, 11-11-2024: Press Release

PG Electroplast Ltd. reported strong financial growth for Q2 FY2025, with revenues of INR 671.30 crores (up 45.8% YoY) and a net profit of INR 19.47 crores (up 57.2% YoY). The company anticipates full-year revenues of INR 4,250 crores, a 54.7% increase, reflecting robust demand in the product segment, particularly in room air conditioners and washing machines. Capital investments for expansion are set between INR 370-380 crores, enhancing production capabilities.