Manorama Industries Limited — Updates, 23-10-2024: Press Release

Manorama Industries Limited reported significant financial growth for Q2 FY25, posting revenues of INR 1,954 million, a 66% increase year-over-year. EBITDA jumped 144.5% to INR 452 million, with a margin expansion of 743 basis points to 23.1%. Profit After Tax (PAT) rose by 210.3% to INR 267 million. The company plans to strengthen its global presence with new subsidiaries in Africa and the UAE, enhancing its sourcing capabilities and targeting emerging markets.