Health and hygiene major Eureka Forbes Limited announced impressive consolidated results for the March 2025 quarter, registering continued growth momentum and enhanced profitability.
Key Highlights:
Strong Revenue Growth:
Consolidated revenue from operations for the quarter ending March was ₹613 crore, indicating a strong improvement from earlier quarters and demonstrating the resilience of the company during a weak demand environment.
Increasing Profitability:
Net profit during the quarter was at ₹49.5 crore, reflecting strong year-on-year growth. This double-digit revenue and profit growth trend observed across FY25 has continued, with the nine months to December 2024 already witnessing a 60% year-on-year growth in profit after tax.
Operational Efficiency:
The company continued to enhance its EBITDA margins on the back of innovation in premium offerings such as electric water purifiers and robotics, coupled with responsible cost control. Adjusted EBITDA margins for the recent quarter have remained consistently above 10%, demonstrating operating resilience.
Management Commentary:
CEO Pratik Pota underscored the firm's dedication to implementing its transformation strategy, stating, "Our profitability improved and EBITDA margins for Q3 at 10.8% expanded by 94bps year on year. Looking ahead, our focus will remain on execution of our transformation strategy and we are confident that we will deliver sustained and profitable growth."
Market Reaction:
Eureka Forbes shares have reacted positively, with the market cap of the company increasing almost 27% in the last year, indicating investor optimism in its growth path.
Eureka Forbes' impressive Q4 performance solidifies its position as a market leader, with a clear direction towards long-term, profitable growth.
Sources: Moneycontrol, Eureka Forbes Press Release, MarketScreener