Visaka Industries Reports Strong Q1 Performance with 30% EBITDA Growth
Visaka Industries Limited reported robust Q1 financial results. Consolidated revenue increased to ₹5,055.28 crore from ₹4,576.56 crore year-on-year. EBITDA grew 30% to ₹511.00 crore, with margin expanding to 10.11%. Net profit surged to ₹521.42 crore, boosted by an exceptional item of ₹367.43 crore from land sale. Building Products segment remained the primary revenue generator at ₹4,369.74 crore, while Synthetic Yarn contributed ₹684.91 crore. Management expressed satisfaction with the company's diverse portfolio and operational excellence.
22May 25
Visaka Industries Reports Mixed Q4 Results with Profit Surge and Revenue Growth
Visaka Industries posted a significant increase in Q4 consolidated net profit to ₹14.60 crore, up from ₹1.15 crore year-over-year. Q4 revenue grew 8.59% to ₹430.00 crore. However, annual performance showed challenges with revenue decreasing 7.61% to ₹1,537.30 crore and net profit dropping 98.32% to ₹0.90 crore for the fiscal year. The company's Q4 recovery indicates potential for growth despite annual setbacks.
21May 25
Visaka Industries Reports Robust Q4 Performance with Significant EBITDA and Profit Growth
Visaka Industries, a diversified building materials company, announced impressive Q4 financial results. The company's EBITDA increased by 82.15% year-over-year to ₹445.00 million, with EBITDA margin expanding to 10.45%. Consolidated net profit surged by 1,169.57% to ₹146.00 million, while revenue grew by 8.59% to ₹4,300.00 million compared to the same quarter last year. However, the company faced a quarter-on-quarter decrease in net profit, indicating some short-term challenges.