MMP Industries Limited — Updates, 24-05-2025: Press Release
24-05-2025 | 02:16 pm
24-05-2025 | 02:16 pm
MMP Industries has announced a board meeting on the financial results for the quarter and half-year. FY25 revenue rose 20% YoY to Rs 692 Cr driven by all segments. EBITDA increased 36% YoY to Rs 65 Cr though margins slipped to 9% due to higher aluminium costs and product mix changes. PAT rose 23% to Rs 39 Cr despite lower associate contributions. Powder division expansion with 700 MTPA capacity is underway, targeting Q2FY26, despite a recent fire incident. Foil and conductors segments grew strongly with planned capacity additions. New composite insulator line started trial production. Tie-ups with ISRO and AVL Belgium aim to boost market reach and margins.
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