Shivalik Bimetal Controls Limited — Updates, 06-11-2024: Press Release
06-11-2024 · 04:10 pm
Shivalik Bimetal Controls Ltd. reported resilient financial results for H1FY25, with a 22.00% EBITDA margin and 16.27% PAT margin, despite a 3.86% revenue decline to ₹216.77 crore. The company saw notable growth in India's shunt segment, achieving a 45% increase, while facing regional challenges, particularly in the Americas. Operational efficiency and strategic expansions, especially in Europe, position Shivalik well for future growth, emphasizing a focus on innovation and market alignment.
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