Pritika Auto Industries Ltd Q3 FY25 Results

This quarter’s performance has been in line with expectations, given the cyclicality in market conditions. Revenue in Q3 FY25 was reported at Rs. 80.65 crore, while EBITDA and PAT grew 15.19% and 11.03% year-on-year to Rs. 13.38 crore and Rs. 4.42 crore, respectively. As part of our commitment to driving growth and creating value for our stakeholders, the Board has approved raising up to Rs. 349.90 crores through a Rights Issue of fully paid-up equity shares to our existing shareholders. This capital infusion will strengthen our financial position, support our expansion plans, and fuel future opportunities. Additionally, we are pleased to announce the commencement of commercial production of ordered components for a leading multinational tractor manufacturer in India. This milestone follows the successful completion of rigorous inspections and trials at the customer's end, reinforcing our commitment to quality and precision engineering. The total business value of these components is estimated at approximately Rs. 251.50 crores per annum, with long-term visibility extending over the next four to five years. This strategic engagement further strengthens our position in the agricultural equipment segment and underscores our ability to cater to high-value, long-term projects. We are optimistic about the company’s prospects, supported by an expanding product portfolio that now includes more value-added products, positioning us well for sustainable growth. The railways sector is a key target segment, and we are actively developing products tailored to meet its specific needs. As the Company moves forward, we remain dedicated to our core values of quality, innovation, and customer satisfaction. We look forward to achieving many more milestones and contributing significantly to the automotive industry.