Pritika Engineering Components Limited — Updates, 08-11-2024: Press Release

Pritika Engineering Components Ltd. reported robust Q2 FY25 results, achieving a 40.59% increase in total revenue to ₹32.03 crore and a remarkable 74.52% rise in EBITDA. Net profit surged 78.20% to ₹1.64 crore, boosted by a higher EBITDA margin. The company plans to issue rights shares worth ₹49.90 crore for railway component manufacturing and announced a stock split to enhance liquidity. Positive trends in the tractor industry were noted, with expected double-digit growth in H2 FY25.