Alpha Tribe

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

28-10-2024 · 05:40 pm

Shriram Pistons & Rings Ltd. reported strong financial results for Q2 and H1 FY25, with consolidated total income rising 17.1% YoY to Rs. 9,069 million and EBITDA increasing 15.4% YoY to Rs. 2,083 million in Q2. Profit After Tax grew 11.4% YoY to Rs. 1,259 million, reflecting continued growth despite industry challenges. The company’s strategic focus includes diversifying into EV mobility solutions and alternative fuels, supported by strong R&D and expansive distribution networks.

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