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Menon Bearings LimitedInvestor Meet, 06-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

06-11-2024 · 11:08 am

Menon Bearings Limited reported strong financial performance for Q2 and H1 FY25, with total income increasing by 17% year-on-year, alongside a 12% rise in EBITDA, PBT, and PAT. The company is expanding its Alkop division, particularly into the EV sector, and anticipates a robust pipeline of ₹150 crores in RFQs over the next 1.5 years. The management expects an overall 18% growth annually for the next three years, with significant opportunities in the railway and aluminum sectors.

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