ALPHA TRIBE

HLE Glascoat LimitedUpdates, 20-05-2025: Press Release

20-05-2025 | 08:52 am

HLE Glascoat has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue rose 6.2% YoY to ₹1027.6 Cr in FY25, with EBITDA up 16.6% at ₹140.9 Cr and PAT jumping 51.1% to ₹61.8 Cr, showing strong operational leverage. The order book remains healthy at ₹575 Cr, supported by new oil & gas orders from Kinam Engineering. The company launched a Centre of Excellence to drive innovation and lowered net debt by ₹50 Cr, enhancing financial stability.

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