PG Electroplast Ltd. Reports Strong Q3 Results, Net Profit Doubles

PG Electroplast Ltd (PGEL) announced a 109% year-on-year jump in net profit, reaching ₹40.1 crore for the quarter ending December 31, 2024. The company's revenue from operations zoomed 81.9% to ₹967.7 crore, boosted by product business sales of ₹663 crore. EBITDA jumped 102.9% to ₹85.2 crore, with the EBITDA margin at 8.8%. For the nine months ended December 31, FY2025, net sales reached ₹2,959.67 crore, up 77.2% year-on-year, and net profit surged 120.9% to ₹144.53 crore. The company expects revenue to grow 65.7% over FY24.

 

Source: CNBC TV18