Inox India Ltd. Results

Q2FY25 Quarterly Result Announced for Inox India Ltd.

Industrial Products company Inox India announced Q2FY25 results Total Revenue stands at Rs 320 crore; up by 21% YoY. EBITDA grows 17.7% YoY to Rs. 77.3 crore. PAT increased by 10% YoY to Rs. 50.1 crore. Company reports highest-ever Quarterly Order Inflow at Rs 366 crore, up by 21% YoY. Highest-ever order backlog as on Q2 stands at Rs 1,178 crore. Share of export in Quarterly Revenue stands at a strong 52% mark. Capacity Utilization at the Savli Plant increases. Deepak Acharya, Chief Executive Officer - INOX India, said: “Building on last quarter’s outstanding performance, we are thrilled to report another period of exceptional growth and innovation. Our continued success is driven by a strong influx of orders and our proven execution capabilities, reflecting the strength of our strategies and our commitment to delivering impactful results. The momentum in our growth trajectory remains steady, with each segment making significant contributions to our overall progress. As we expand our product portfolio with innovative, customer-centric solutions, we are strategically positioned to enhance our profits and deliver sustained value for our shareholders and investors. Our unwavering focus on innovation, operational excellence, and market responsiveness empowers us to unlock new opportunities across a broad range of industries. Looking ahead, we are confident in the potential of emerging demand from the clean energy sectors of LNG and Hydrogen, which are poised to be key growth drivers alongside our established Industrial Gas segment. These areas, with their robust demand outlook, are expected to provide balanced contributions to our revenue streams, further solidifying our foundation for consistent, long-term value creation.”

FY24 Annual Result Announced for Inox India Ltd.

Industrial Products company Inox India announced FY24 results: Financial Highlights: Recorded total income of Rs 1,162 crore Recorded highest ever EBIDTA of Rs 282 crore EBIDTA and PAT margins at 24% and 17% respectively INOX recorded highest ever export revenue of Rs 641 crore, up by 44% YoY Brazil subsidiary recorded highest revenue of Rs 46 crore Highest ever sales from Kandla SEZ plant of Rs 335 crore Comfortable net cash position at Rs 253 crore even after capex of Rs 100+ crore Operational Highlights: Recorded highest ever order booking of Rs 1,193 crore , up by 14% YoY, in Q4Y24, Order Inflow was at Rs 309 crore up by 84% YoY. As on FY24, Recorded highest ever Order Backlog of Rs 1,087 crore 55% orders from Industrial Gas, 20% orders from LNG 25% orders from Cryo Scientific Division As on FY24, export order comprised of 52% of the Order Backlog