Alpha Tribe

Shriram Pistons & Rings LimitedInvestor Meet, 28-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

28-10-2024 · 05:42 pm

Shriram Pistons & Rings Limited reported a strong performance for Q2 and H1 FY25, with total income rising 17% YoY to ₹17,703 million and PAT increasing by 13% to ₹2,430 million. The company's EBITDA margin improved to 23.4%, highlighting robust operational efficiency. Additionally, Shriram is diversifying its portfolio with acquisitions in electric vehicle segments, positioning itself well for future growth in a rapidly evolving automotive landscape. Full details are available in their investor presentation.

No comments yet. Be the first to comment!