IFB Industries Limited — PPTs, 06-11-2024: Investor Presentation
06-11-2024 · 07:59 pm
IFB Industries Limited has made minor modifications to its Investors Presentation regarding segmental sales in the Home Appliance Division. For the second quarter ended September 30, 2024, the company reported a revenue increase of 11% year-over-year, but EBITDA faced a decline due to higher material and operating costs. While the Home Appliances Division has shown growth in air conditioners and refrigerators, washer sales were affected by supply chain issues. Several divisions, including the automotive motors, are transitioning to energy-efficient BLDC motors to optimize performance.
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