Quarterly Result12 May 2025, 03:13 pm
PG Electroplast Ltd. Announces 111% Product Business Expansion and 30.3% Revenue Growth in FY2025
AI Summary
PG Electroplast Ltd. (PGEL) announced its results for the quarter ended March 31, 2025, with a remarkable growth journey driven by strategic expansion, operational efficiencies, and a strengthened balance sheet. The company reported a 77.4% YoY growth in operating revenues for the quarter and a 30.3% YoY growth in consolidated sales for FY2025. PGEL also experienced a 111% growth in product business sales, driven by an industry-leading 128.5% growth in room AC sales. The company successfully developed, validated, and launched new products across all categories while expanding product vertical capacities at all locations.
Key Highlights
- Operating revenues for the quarter grew by 77.4% YoY
- Consolidated sales for FY2025 increased by 30.3% YoY
- Product business sales skyrocketed 111% to INR 3,526 crores
- Room AC sales surged 128.5%
- Company raised INR 1,500 crores through QIP for expansion and future growth initiatives