Investment28 Aug 2025, 07:11 pm
Remsons Industries Ltd Achieves Record Performance in FY2024-25, Announces Strategic Acquisitions in EV Ecosystem
AI Summary
Remsons Industries Ltd, a global enterprise known for its precision and resilience, reported its highest-ever revenue of 2377 crores in FY2024-25. The company's strategic acquisitions, including a 51.01% stake in Astro Motors and a 51% stake in BEE Lighting, are expected to strengthen its presence in the EV ecosystem and in Europe. Remsons also increased its stake in its joint venture with Uni Automation to 55%. The company's focus on innovation and value creation enabled it to scale new milestones while laying robust foundations for long-term growth. The Indian economy, particularly the auto component sector, remained a bright spot amid global economic disparities.
Key Highlights
- Remsons Industries Ltd achieved its highest-ever revenue of 2377 crores in FY2024-25.
- The company acquired a 51.01% stake in Astro Motors, a fast-emerging player in India’s commercial EV segment.
- Remsons also acquired a 51% stake in BEE Lighting, a UK-based specialist in premium automotive lighting.
- The company increased its stake to 55% in its joint venture with Uni Automation, forming Remsons-Uni Autonics.
- Remsons reported a 20% year-on-year increase in EBITDA, with margins at 10%.