Arrow Greentech Share Price

Plastic Products company Arrow Greentech announced Q3FY25 results Revenue from operations for Q3FY25 stood at Rs 551 million, as compared to Rs 249 million in Q3FY24, registering a growth of 121%. EBITDA for Q3FY25 was Rs 179 million, as compared to Rs 73 million in Q3FY24. EBITDA margin for Q3FY25 stood at 32.5% as against 29.3% in Q3FY24 which showcase expansion in margins by 320 bps. PAT for Q3FY25 was at Rs 128 million, registering a growth of 163% on YoY basis; PAT margins expand by 350 bps in Q3FY25 as compared to Q3FY24 marking a strong recovery in a challenging industry environment. Shilpan Patel, Chairman & Managing Director, said: - “Arrow Greentech Ltd has achieved remarkable growth in this quarter, with Revenue from Operations increasing by 121% YoY to Rs 551 million. Our EBITDA grew by an impressive 146% to Rs 179 million, and our Profit After Tax surged from Rs.49 million in Q3FY24 to Rs.128 million in Q3FY25. As we embark on this exciting growth trajectory, we draw strength from the dedication and innovation of our team. Our ability to adapt to global challenges ensures that we remain a market leader, ready to seize new opportunities. In our Greentech segment, we will focus on new business development by exploring applications across various segments and preparing for future expansion through a stronger international presence. Meanwhile, our High-tech segment has seen remarkable revenue growth, particularly in high-security products and intellectual property, as we stay dedicated to anti-counterfeit solutions and capitalize on global opportunities in high-value securitization to address the issue of counterfeit products. Looking ahead to FY25, our focus will remain on developing cutting-edge, high-tech products while exploring and integrating eco-friendly innovations from around the world into our operations in India, paving the way for future business transformation. As we progress, we remain steadfast in our dedication to fostering growth and delivering significant value to our stakeholders.” Result PDF

• Trendlyne
• 1 year 3 months ago

Plastic Products company Arrow Greentech announced Q2FY25 results Revenue from operations for Q2FY25 stood at Rs 648 million, as compared to Rs 291 million in Q2FY24, registering a growth of 123%. EBITDA for Q2FY25 was Rs 263 million, as compared to Rs 90 million in Q2FY24. EBITDA margin for Q2FY25 stood at 40.6% as against 30.9% in Q2FY24. PAT for Q2FY25 was at Rs 186 million, registering a growth of 268% on YoY basis; PAT margins expand by 1115 bps in Q2FY25 as compared to Q2FY24 marking a strong recovery in a challenging industry environment. Performance from high-tech business remains robust, and a noticeable increase in revenue contributions from our greentech products. Shilpan Patel, Chairman and Managing Director said: - “Arrow Greentech Ltd has achieved remarkable growth in this quarter, with Revenue from Operations increasing by 123% YoY to Rs 648 million. Our EBITDA grew by an impressive 192% to Rs 263 million, and our Profit After Tax surged from Rs 51 million in Q2FY24 to Rs 186 million in Q2FY25. We have demonstrated resilience in the face of global challenges. Our commitment to continuous innovation and market leadership remains steadfast. Our Water-Soluble Film segment is experiencing rising revenue, bolstered by successful field trials of new customer-focused variants. In the Hightech division, we are committed to anti-counterfeit solutions and are leveraging global opportunities in high value securitization and control of fake and counterfeits. Looking ahead to FY25,our focus will remain on developing cutting-edge, high-tech products while exploring and integrating eco-friendly innovations from around the world into our operations in India, paving the way for future business transformation. As we progress, we remain steadfast in our dedication to fostering growth and delivering significant value to our stakeholders." Result PDF

• Trendlyne
• 1 year 6 months ago

Arrow Coated Products has entered into an exclusive supply co-operation agreement with Spain's Proquima. Proquima supplies chemicals to Arrow Coated Products' KlenzPro brand of cleaning products. Proq...

• Business Line
• 10 years 2 months ago