PUNE: Emcure Pharmaceuticals (BSE:544210, NSE: EMCURE) today announced its consolidated financial results for the quarter ended September 30^th, 2025.

The quarter saw strong performance from both Domestic and International businesses.

Domestic business grew 10.6% led by strong performance across all our key therapies and aided by new initiatives. Domestic business remains a key focus, and we continue to enhance our product portfolio and strengthen the team for the business. We recently announced a strategic partnership with Novo Nordisk to launch Poviztra®, a biological injectable semaglutide, in India. As part of the agreement, Emcure will be the exclusive distributor responsible for the commercialization and promotion of Poviztra. Poviztra® is indicated for chronic weight management and reduction in the risk of major adverse cardiovascular events in individuals with overweight or obesity. During the quarter, we also completed the acquisition of the minority stake in our Zuventus subsidiary.

International business continues to see strong performance and has grown 16%. Europe saw strong growth of 23% led by new launches and aided by the Manx ramp-up. Canada continues to see robust growth and grew 18%. The rest of the World business saw sustained momentum, led by non-ARV business.

Commenting on the results, Satish Mehta, CEO and Managing Director, Emcure Pharmaceuticals Ltd., said, “Q2 saw strong performance across all our businesses. We continue to augment our portfolio in all our focus markets through in-licensing and in-house developments. Novo Nordisk partnership positions us well in the fast-growing obesity segment and gives us an early entry, enabling us to shape the market. We remained focused on delivering strong growth along with margin improvement in all our key businesses.”

Revenue break-up:

Contd.

Performance Summary (Consolidated)

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MUMBAI: Vikran Engineering Limited (“Company”), one of India’s fast-growing EPC companies with presence across Power Transmission & Distribution, EHV Substation, Railway & Metro Electrification, and Water Segment, today announced its unaudited financial results for the second quarter and half year ended September 30th, 2025.

Vikran Engineering Limited posted a strong second quarter with EBITDA nearly doubling and profit after tax rising over 4.4 times year-on-year, backed by improved execution and margin discipline. Operating margins expanded more than 600 basis points, reflecting tighter cost controls and project efficiencies. The company further deepened its clean energy play with two major Solar EPC wins — a

₹354 crore project from Ellume Energy MH Solar One and a marquee ₹1,642 crore order from Carbonminus Maharashtra One — taking its consolidated order book past ₹4,000 crore and cementing its position among India’s emerging multi-sector EPC players.

Key Consolidated Highlights:

*EBITDA is calculated excluding Other Income

Key Performance Highlights:

For the second quarter ended 30th September 2025:

• Revenue from operations stood at ₹176.3 crore compared to ₹159.2 crore in Q2 FY25, an increase of 10.7%, primarily driven by strong execution in the Power T&D business
• EBITDA for the quarter stood at ₹25.4 crore compared to ₹12.8 crore in Q2 FY25, up 98.9% YoY. EBITDA margin improved to 14.4% from 8.0% in Q2 FY25
• PAT stood at ₹9.1 crore in Q2 FY26 as compared to ₹2.1 crore in Q2 FY25, reflecting significant improvement in profitability

Operational Highlights:

• Commissioned 2×400 kV, 63 MVAR reactors for PGCIL at NTPC Kahalgaon plant
• Energized two 33/11 kV substations and lines in Assam for APDCL under the state electrification project
• Commissioned four substations in Arunachal Pradesh for PGCIL under the Ministry of Power program

Order Book:

• As of 10th November 2025, the order book stood at ~₹4,000+ crore, offering strong revenue visibility and reinforcing execution strength for the next two years
• Secured a prestigious ₹354 crore Solar EPC project from Ellume Energy MH SolarOne, marking our growing presence in renewables, and a marquee ₹1,642 crore Solar EPC order from Carbonminus Maharashtra One, further strengthening our position in the clean energy space

Commenting on the overall performance of the Company, Rakesh Markhedkar, Chairman & Managing Director, Vikran Engineering Limited, said,

“The second quarter of FY26 has been a period of steady growth for us, with healthy YoY improvement in revenue and a notable expansion in EBITDA margins. The performance reflects our continued focus on operational discipline, efficient execution, and prudent cost management across projects.

We achieved strong order inflows, particularly in the Solar EPC segment, where we secured major projects worth

₹354 crore from Ellume Energy MH Solar One and ₹1,642 crore from Carbonminus Maharashtra One. These wins mark a key milestone in our renewable energy foray and significantly enhance our growth visibility. Following our successful IPO, our consolidated order book now exceeds ₹4,000 crore, providing healthy execution visibility for the next two years and reinforcing our position as a growing multi-sector EPC player.

The second half of the year contributes a larger share of EPC execution, and we expect this trend to continue in FY26 as well. With a healthy and diversified order pipeline and a growing presence across key infrastructure

segments, we are well-positioned to undertake larger and higher-value projects in the coming quarters. Our robust execution capabilities, combined with a consistent focus on timely delivery and operational excellence, continue to strengthen client trust and enhance our project delivery performance.

Furthermore, as we work towards expanding our footprint into international markets, particularly in Africa and the Middle East, we remain confident of achieving sustained growth, driving geographical diversification, and further consolidating our market position in the EPC industry.”

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The Company achieved pre-sales of INR 26.4 billion in Q1 FY26 versus INR 31.2 billion in Q1 FY25. Average sales realization improved significantly to INR 16,296 per sq. ft. from INR 12,457 per sq. ft. in FY25, driven by the launch of the premium residential project ‘Cloverdale SPR’ on Southern Peripheral Road, Gurugram. Collections for the quarter stood at INR 9.3 billion compared to INR 12.1 billion in Q1 FY25. Net debt remained stable at INR 8.9 billion.

In terms of profitability ratios, the Company reported an adjusted gross profit margin of 27% in Q1 FY26 against 28% in Q1 FY25, while adjusted EBITDA margin stood at 12% compared to 13% in the previous year.

In line with its long-term growth strategy, Signature Global acquired 9.96 acres of land in its key micro-market of Sohna during Q1 FY26. The land parcel offers a development potential of approximately 0.53 million sq. ft.

Commenting on the company’s performance, Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, said, “Building on the strong momentum of FY25, we delivered a robust performance in the first quarter of FY26, with our operational revenue doubling year-on-year. This growth reflects our continued focus on customer satisfaction and the timely delivery of quality homes. Our consistent financial and operational progress has further strengthened stakeholder confidence. The successful launch of our premium project Cloverdale SPR in Sector 71, located on Southern Peripheral Road, contributed meaningfully to this quarter’s performance. With several new project launches planned in the coming quarters, we are well-positioned to sustain this growth trajectory and further strengthen our market presence.”

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Girish Tanti, Vice Chairman, Suzlon Group, said, “FY25’s performance sets the stage for Suzlon’s next phase of strategic evolution and market leadership. Achieving our highest profitability in a decade, strong cash reserves, and a record order book are the direct outcomes of our disciplined business transformation and sharp operational focus. India has also crossed a significant milestone by surpassing 50 GW of installed wind power capacity – a journey in which Suzlon has played a leading role. As we advance towards the 100 GW target by 2030, India will most certainly shape the global narrative on clean energy leadership and climate action.”

JP Chalasani, Chief Executive Officer, Suzlon Group, said, “This year, we completed Suzlon’s ramp-up phase, which is reflected in the sharp increase in our deliveries. With our highest-ever firm order book of 5.6 GW, we have long-term visibility and the capacity to scale and support future growth. These efforts have built a solid foundation to meet India’s rising need for clean, reliable, and locally made wind energy. Our continued focus on safety, quality, ESG, and customer satisfaction will guide us as we step into the next phase of India’s energy journey.”

Himanshu Mody, Chief Financial Officer, Suzlon Group, said, “This is one of the best years for Suzlon, marked by consistent growth across revenues, profitability, and EBITDA, along with a strong net cash position. These results reflect the strength of our operating model and financial prudence. We are committed to funding our growth ambitions while maintaining strict financial discipline, optimising capital allocation, and strengthening our balance sheet for long-term sustainability.”

Suzlon Group Q4 FY25 and Annual Results at a glance (consolidated): (₹ Cr.)

Wind Turbine Generator (WTG)

In FY25, we achieved record deliveries of 1.55 GW—an impressive 118% year-on-year growth. The contribution margin for our WTG business expanded to 23%, a rise of 360 basis points, backed by our 4.5 GW manufacturing capacity. We added 10 new production lines for our S144–3.X MW series and completed nacelle expansion at Daman and Pondicherry. We will continue to invest in building a strong local manufacturing and supply chain ecosystem to support India’s wind energy ambitions.

OMS

Suzlon’s OMS (Operations and Maintenance Services) business remains a key pillar of growth for the Group, currently managing a robust 15 GW of installed wind energy capacity across India, representing over USD 10 billion in renewable energy assets under management. Gujarat leads as the top-performing state for our OMS portfolio, where we service 4.2 GW, followed by Rajasthan (2.3 GW) and Maharashtra (2.2 GW). Our strong customer retention rates and annuity-based revenue model provide a stable foundation for sustained expansion.

Technology

Our flagship innovation, the S144 wind turbine, proudly designed and manufactured in India, remains the cornerstone of our technological leadership. Engineered specifically for Indian sites and optimized for hybrid power plant compatibility, it enables efficient grid integration and high-quality energy output—a crucial edge for our customers. With over 5 GW of firm orders, it has emerged as our top-performing product, contributing more than 1.25 GW in deliveries during FY25 alone. It now represents 91% of our order book, underscoring the market’s strong demand for reliable, site-adaptive, and high-yield turbine technology.

ESG

Suzlon proudly leads the industry with its Make in India flagship S144 (3X MW) turbine, with the lowest product carbon footprint of 6.16 gCO₂/kWh, setting a new benchmark in clean energy innovation. For over 30 years, we have driven sustainability through cutting-edge technology and leadership in renewable energy. Our ESG ratings consistently surpass industry averages, earning recognition from agencies such as CRISIL, Sustainalytics, and S&P Global. We are on track to achieve net-zero Scope 1 (Direct emissions) and Scope 2 (Purchased electricity emissions) well ahead of our 2035 target. Additionally, we are progressing actively to achieve our sustainability targets ahead of our committed timelines and have already achieved 90% Zero Waste to Landfill (ZWTL) at the Group level against our targets for achieving 100% ZWTL by 2028. Furthermore, we have met Product Stewardship commitments ahead of the timeline for manufacturing operations in FY 2024-2025.

Human Resources

Talent is the strategic driver of Suzlon’s transformation as we build a future-ready organisation engineered for scalable impact. Suzlon is prioritizing cross-sector expertise in technology, ESG, digital innovation, and supply chain excellence. We remain committed to bridge the skills gap by cultivating a strong talent ecosystem that creates sustainable green career opportunities and empowers the next generation of leaders in renewable energy.

The post Suzlon Achieves a Decade-High Profit Before Tax of Rs 1,447 Crores in FY25 Results appeared first on NRI News.

JK Lakshmi Cement Ltd (JKLC), a Flagship Company of JK Organization, today announced its Financial Results for the Fourth Quarter of the Financial Year 2025.

Composite Scheme of Arrangement

Further as a part of Company’s ongoing efforts to enhance Shareholders’ Value, the Company’s Board had approved the Composite Scheme of Arrangement which provides for the Merger of its Subsidiaries viz Udaipur Cement Works Ltd (UCWL), Hansdeep Industries & Trading Company Limited and Hidrive Developers & Industries Limited into itself subject to various Regulatory Approvals & Compliances. The Appointment Date for the Merger is 1^st April 2024. The Company has already approached the Regulatory Authorities for their consent. Pending the necessary approvals, the effect of the Scheme has not been given in the Financial Results.

Commenting on the Results of the Company, Smt. Vinita Singhania, Chairperson & Managing Director (CMD) of the Company, said, “The profitability of the Company improved sequentially on account of Higher Volume, Better Product & Market Mi,x and Reduction in Fuel Cost”.

SUSTAINABILITY

The Company is implementing a Project for enhancing its TSR from 4% to 16% in a phased manner at its Sirohi Cement Plant as a part of its Green Initiatives.

The Share of Renewable Power, Green Power in the Company’s Power Mix was 50% for the Quarter.

CAPEX

The Company is expanding its Cement Grinding capacity at its Surat Grinding Unit from 1.35 Million Tonnes to 2.7 Million Tonnes. The Project is likely to cost Rs. 225 Crores to be funded through Term Loans from the Bank of Rs. 150 Crore & the balance from Internal Accruals.

The Company is also putting up a Railway Siding at its Durg Cement Plant at a Cost of Rs.325 Crores to be funded through a Debt of Rs. 225 Crores & the balance through Internal Accruals.

The Company is expanding the Clinker Capacity at its integrated Cement Plant at Durg in Chhattisgarh by putting up an Additional Clinker Line of 2.3 Million Tonnes Per Annum & Four Cement Grinding Units aggregating to 4.6 Million Tonnes Per Annum at Durg in Chhattisgarh and also Three Split Location Cement Grinding Units with aggregate Cement Grinding Capacity of 3.4 Million Tonnes Per Annum at Prayagraj in Uttar Pradesh, Madhubani in Bihar & Patratu in Jharkhand. The Project is likely to cost Rs 2500 Crores & is proposed to be funded through Term Loans from Banks of Rs 1750 Crores & the balance through Internal Accruals.

AWARDS & ACCOLADES

• JK Lakshmi Cement is recognised as the third fastest-growing cement company in the medium category in India at the Indian Cement Review Awards 2025.
• JK Lakshmi Cement (Kalol Grinding Unit) was awarded at the National Safety Council of India Safety Awards for demonstrating appreciable achievement in ” Occupational Safety & Health”.
• JK Lakshmi Cement (Kalol Grinding Unit) was awarded the Quality Circle Award by the Bureau of India Standards at the Quality Conclave.
• JK Lakshmi Cement (Durg Unit) was awarded the 4 Golden Stars in the NSCI Safety Rating System, instituted by the National Safety Council of India (NSCI).
• JK Lakshmi Cement received the award for “Excellence in Transportation / Supply Chain (Northern Region)” at the 14th International Conference on Fly ash Utilisation 2025, organised by Mission Energy Foundation.

OUTLOOK

Considering the Government’s continuous focus on Infrastructure Development & Higher Budgetary allocation towards Infrastructure Development and various Other Initiatives for Housing & Road Development, the Softening of the Interest Rates, the Outlook for Cement Sector is positive in the coming year.

About JK Lakshmi Cement Limited

JK Lakshmi Cement Limited is a part of the prestigious JK Organisation, which is over one hundred and thirty-five years old and boasts operations in India and abroad with a leadership presence in the fields of tyres, cement, paper, power transmissions, sealing solutions, dairy products, and textiles.

JK Lakshmi Cement is a renowned and well-established name in the Indian Cement industry for four decades and has an annual turnover of over Rs 6000 crores. The Company has a formidable presence in Northern, Western and Eastern India’s cement markets.

Having started in 1982, the Company has modern and fully computerized, integrated cement plants at Jaykaypuram, in the Sirohi district of Rajasthan, at Dabok, in the Udaipur district of Rajasthan (a subsidiary of the company) and at Ahiwara, in the Durg district of Chhattisgarh. The Company also has four split location grinding units at – Kalol and Surat in Gujarat, Jhamri in the Jhajjar district of Haryana and Cuttack in Odisha. The present combined capacity of the Company is about 16.4 Million Tonnes per annum.

The Company has also introduced Smart Business Solution Products (SBS) such as JK Lakshmi Powermix- Ready Mix Concrete (RMC), JK LakshmiPlast- Gypsum Plaster, and JK Lakshmi Fly Ash Blocks.

JK Lakshmi Cement has a Vision of reaching a Cement Capacity of 30 Million Tonnes by 2030.

The post JKLC Reports Impressive Q4FY25 Financial Results: Net Profit Reaches Rs.361.45 Crores appeared first on NRI News.

Commenting on the results, Gauri Kirloskar, Managing Director, Kirloskar Oil Engines, said ’We are pleased to report a strong quarter and a strong close to the fiscal year. At Q4, we have delivered revenues of Rs 1,401 Crores, which is the highest ever quarterly sales for KOEL while maintaining a healthy margin of 12.1%. Despite the demand correction post the pre-buy and the CPCB4+ transition, our topline for the year grew by 6% to 5,073 Crores, which is our highest ever sales figure. Our margins grew by 111 bps over the previous year. Both the B2B and the B2C side of the business grew, delivering on both topline and margin expectations.

This quarter marks the end of our 2x3y journey. At the beginning of FY 22, we had announced an ambitious plan to grow the company 2 times in 3 years, our 2x3y goal. Against this aspiration that we set out for ourselves, our topline grew 1.6x, our EBITDA grew 2.4x, and our Cash from Operations grew 2.6x. We had immense learnings from the last 3 years, not everything went as per our plans, but our teams showed great agility and resilience to deliver great results consistently over 3 years. I am very proud of what we achieved as a team in these 3 years, and this performance gives me confidence as we embark on our next phase of growth, the 2B2B strategy, I,e to grow the company to a 2 Billion Dollar organization in the next 5 years.”

The Board of Directors proposed a total dividend of 325% for the fiscal year. This includes a final dividend of 200%, which is Rs. 4.00 per share, subject to shareholders’ approval, in addition to the interim dividend of 125%, i.e., Rs. 2.50 per share.

Review of Q4 FY 25 Financial Performance (Standalone):

• Net sales at INR 1,401 Cr for Q4 FY 25 vs INR 1,378 Cr for Q4 FY 24; 2% increase Y-o-Y, 21% increase Q-o-Q
• EBITDA° at INR 171 Cr for Q4 FY 25 vs INR 179 Cr for Q4 FY 24; 5% decrease Y-o-Y, 45% increase Q-o-Q
• EBITDA° margin at 12.1% for Q4 FY 25 vs 12.8% for Q4 FY 24
• Net profit° at INR 106 Cr for Q4 FY 25 vs INR 118 Cr for Q4 FY 24; 10% decrease Y-o-Y, 62% increase Q-o-Q
• Cash and cash equivalents (net of debt) * of INR 448 Cr

* includes treasury investments and excludes unclaimed dividends

Review of Q4 FY 25 Financial Performance (Consolidated):

• Revenue from operations at INR 1,753 Cr for Q4 FY 25 vs INR 1,660 Cr for Q4 FY 24; 6% increase Y-o-Y, 21% increase Q-o-Q
• Net profit° at INR 111 Cr for Q4 FY 25 vs INR 135 Cr for Q4 FY 24; 18% decrease Y-o-Y, 64% increase Q-o-Q

Review of YTD FY 25 Financial Performance (Standalone):

• Net sales at INR 5,073 Cr for YTD FY 25 vs INR 4,806 Cr for YTD FY 24; 6% increase Y-o-Y
• EBITDA° at INR 654 Cr for YTD FY 25 vs INR 567 Cr for YTD FY 24; 15% increase Y-o-Y
• EBITDA° margin at 12.8% for YTD FY 25 vs 11.7% for YTD FY 24
• Net profit° at INR 416 Cr YTD FY 25 vs INR 362 Cr for YTD FY 24; 15% increase Y-o-Y

Review of YTD FY 25 Financial Performance (Consolidated):

• Revenue from operations at INR 6,349 Cr for YTD FY 25 vs INR 5,898 Cr for YTD FY 24; 8% increase Y-o-Y
• Net profit° at INR 449 Cr for YTD FY 25 vs INR 451 Cr for YTD FY 24; 0.4% decrease Y-o-Y

#Numbers excluding exceptional items and including provision/(reversal) for overdue receivables made for a customer towards sales made in previous years.

EBITDA margin for the current quarter and year, excluding exceptional items and reversal for overdue receivable provision, is 12.1% and 12.0′ respectively. For details, please refer ‘Note to the Audited Financial Results’ published on the stock exchanges

– Numbers for the previous periods have been regrouped wherever required to make them comparable with those of the current periods.

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• Q4 GTV of Rs. 4418.4 Cr (+65% YoY), Revenue from Operations Rs. 284.1 Cr (+72% YoY)
• Record increase in Q4 Flight Revenue (+135% YoY)  & Bus Revenue (+103% YoY)
• Q4 EBITDA of Rs. 30.7 Cr (+64% YoY), Profit Before Tax (PBT*) of Rs. 27.2 Cr (+74% YoY)
• Q4 Profit After Tax (PAT) of Rs. 16.8 Cr (+128% YoY)

MUMBAI: Le Travenues Technology Limited (NSE: IXIGO, BSE: 544192), India’s leading OTA for the Next Billion Users, announces its financial results (standalone and consolidated) for the quarter ended March 31, 2025, and full year FY25. The company delivered its best-ever quarterly performance across all verticals, reporting acceleration of nearly all metrics, with a 72% year-on-year (YoY) increase in revenue from operations to Rs.284.1 Cr in Q4 FY25 and a 65% YoY increase in Gross Transaction Value (GTV). The company has also posted a record 128% YoY growth in Profit After Tax & a 74% growth in Profit before share of loss of an associate, exceptional items, and tax at Rs 27.2 Cr in Q4 FY25.

Key Performance Highlights – Q4 FY25

• Gross Transaction Value (GTV) crossed Rs. 4418.4 Cr in Q4 FY25, growing by 65% YoY. Flight & Bus GTV each grew 92% YoY while Train GTV grew 41% YoY for Q4 FY25 vs Q4 FY24.
• Revenue From Operations grew by 72% YoY in Q4 FY25 to Rs 284.1 Cr from Rs 164.9 Cr in Q4 FY24. 
• Contribution Margin (CM) increased by 69% YoY, reaching Rs. 120.9 Cr in Q4 FY25.
• EBITDA increased by 64% to Rs 30.7 Cr for Q4 FY25 as compared to the same period in the previous year. Adjusted EBITDA (EBITDA plus ESOP Expenses less Other Income)increased to Rs 29.1 Cr for Q4 FY25, an increase of 70% from Rs 17.1 Cr in Q4 FY24. 
• Profit Before Tax, Share of Loss of Associates and Exceptional items is at Rs.27.2 Cr in Q4 FY25 as compared to Rs.15.6 Cr in Q4 FY24, recording an increase of 74% on a YoY basis.
• Profit After Tax is at Rs.16.8 Cr in Q4 FY25 compared to Rs.7.3 Cr in Q4 FY24, recording an increase of 128% on a YoY basis.

Rajnish Kumar, Group Co-CEO, ixigo, and Aloke Bajpai, Group CEO, stated:  “This has been our strongest quarter yet, driven by consistent quarter-on-quarter acceleration across all lines of business. Our outstanding growth in categories such as flights and buses stems from a unique playbook that combines a customer-centric approach, ability to cross-sell and up-sell to a unique captive user-base,  a tech-centric DNA, AI-driven efficiency, and enhanced brand awareness — all while maintaining healthy margins. We’re also seeing operating leverage kick in as demonstrated in our robust cash flow from operations amounting to Rs. 122 crores in FY25.”

Saurabh Devendra Singh, Group CFO, ixigo, added: “We went public in FY25, and this has become a defining year for our trajectory. This fiscal we achieved ₹14972 crore in GTV, ₹914 crore in Operating Revenue, and delivered a 71% YoY increase in Adj. EBITDA proving that scale and financial discipline need not be mutually exclusive.”

FY25 Snapshot: Breaking Records Across Usage & Engagement

From serving over 544 million travellers annually to processing refunds faster than a Bollywood movie climax, FY25 was a year of scale, speed, and firsts for ixigo. Here’s a snapshot of the milestones that defined our journey across travel categories and user touchpoints.

The post ixigo Achieves Unprecedented Q4 and FY25 Financial Milestones appeared first on NRI News.

PUNE: Vascon Engineers Ltd. (VASCONEQ), one of the leading EPC and Realty players with a legacy spanning nearly four decades, announced its audited results for the fourth quarter ended 31 March 2025.

Commenting on the company’s performance, Siddharth Vasudevan Moorthy, Managing Director, Vascon Engineers Ltd., said, “I am happy to report robust operational performance for FY25, with record-high standalone quarter results, volumes, and collections. The residential real estate sector experienced remarkable growth this year due to factors such as rising disposable incomes, greater affordability, robust economic growth, policy reforms, and stable interest rates that encouraged home buying. Capitalizing on this rising demand for home ownership and high-quality living, we launched new projects worth INR 300 crore in the Mumbai market.

In FY25, our income grew by 41% YoY to INR 1090 crore. Strong execution led to rapid progress across projects, and efficient collections we ended the year with revenues of INR 1090 crore.

As we look forward, we remain confident in the long-term prospects of the real estate sector. In FY25, Mumbai aligns seamlessly with our vision of delivering premium, high-quality living spaces tailored for modern urban lifestyles. Backed by our expertise in both EPC and real estate development, customer-first approach, and unwavering commitment to excellence, we are poised to redefine luxury living. The solid foundation laid in FY25 positions us to achieve even greater milestones in FY26 and beyond, with a focus on timely delivery, execution excellence, and enhancing customer experience.”

Key Highlights for the year:

• Total EPC Income: INR 1016 Cr
• Real Estate Income: INR 74 Cr
• Foray into Mumbai Market with GDV of INR 300 crore and potential pipeline of another INR 1000 crore
• Rating upgrade: From Crisil – BBB+ to A-

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PUNE: NSE: KPITTECH BSE: 542651: KPIT Technologies, a global leader in building mobility solutions for a cleaner, smarter, and safer world, announced financial results for Q4 FY25 and FY25 today.  

Performance overview:

• FY 25 Revenues, EBITDA, and PAT
  • Stood at USD 691mn with CC revenue growth of 18.7%FY25 EBITDA stood at 21%, growing at 24% over FY24 EBITDA
  • Growth led by SDV, Asia, and Passenger Cars
• Q4 FY25 Revenues, EBITDA, and PAT
  • Revenues of 177MN with CC growth of 15% Y-o-Y and $ revenue growth of 11.5% Y-o-Y
  • Q4 EBITDA margins at 21.1%, with growth of 18.4% Y-o-Y and 3.5% Q-o-Q
• Marks 19^th consecutive growth quarter
• TCV of new engagements won during Q4FY25: $280 million

Strategic Engagement:

KPIT collaborates with Mercedes-Benz Research and Development India (MBRDI) to accelerate the realization of Software-Defined Vehicles

Commenting on the performance of FY25, Ravi Pandit, Co-founder and Chairman, of KPIT, said, “Our strong focus on mobility sector, consistent leadership position among passenger car OEMs, deepening relationship with CV players, doubling down in China and India gives us confidence about our purpose to be a core partner to the mobility ecosystem. The mobility industry will undergo fundamental changes, leadership positions will change, and ones who are nimble, can make innovation at scale and lower costs, will do well. Our role is to help our partners succeed and be a trusted partner to the ecosystem.”

Kishor Patil, Co-founder, CEO, and MD of KPIT, said, “We have consistently delivered nineteen sequential quarters of growth in revenues and operating profits. China’s mobility ecosystem has challenged Global OEMs on the alteration of paradigms in speed, cost, and innovation in vehicle development. We have made investments in leadership training, mobility-specific AI solutions, automation, platforms, tools & accelerators, and new markets. On the back of strong deal wins for strategic engagements, coupled with potential acquisition of specialized companies, we are positive about our medium-term growth trajectory.”

Sachin Tikekar, President and Joint MD of KPIT, said, “Strategic relationships with clients and investments to become a trusted partner for mobility OEMs have been bedrock in these times of dynamic tariff and trade environment. Our investments in adjacencies have yielded results with engagements initiated with two leading truck makers and one key player in off-highway. Our strong deal pipeline, opening of large engagements with the likes of MBRDI for Mercedes Benz, eager response to our solutions at Global tech forums like CES, Bharat Mobility, and Shanghai Auto Expo gives us confidence to add consistent value to clients.”

The post KPIT Reports Impressive FY25 Results: EBITDA Surges 21% and Net Profit Soars 41.2% YOY appeared first on NRI News.

The consolidated revenue from transaction charges for Q3FY25 was Rs 3,445 crores, a sequential decline of 4% QoQ due to a reduction in volumes across the cash market and derivatives segment. On a consolidated basis, total expenditure in Q3FY25 declined by 17% QoQ to Rs 1,084 crores.

On a consolidated basis, the operating EBITDA increased by 2% QoQ to Rs 3,398 crores. Net profit increased by 22% QoQ to Rs 3,834 crores in Q3FY25 from Rs 3,137 crores in Q2FY25. Earnings per share (non-annualized) increased to Rs 15.49 in Q3FY25 from Rs 12.68 in Q2FY25, after considering the issuance of bonus equity shares in the ratio of 4:1.

Excluding the gains from the sale of investment in subsidiaries/associates and the impact of expenses related to SEBI settlement fees as well as the reversal of provision for core SGF recorded in the previous quarter, the normalized consolidated profit before tax in Q3FY25 declined by 3% QoQ to Rs 3,770 crores.

For the nine months ended December 31, 2024, the consolidated total income grew by 30% YoY to Rs 14,780 crores and net profit for 9MFY25 was Rs 9,538 crores. Earnings per share (non-annualized) in 9MFY25 increased to Rs 38.54 from Rs 23.51 in 9MFY24, after considering the issuance of bonus equity shares in the ratio of 4:1.

On a standalone basis, NSE’s total income in Q3FY25 stood at Rs 4,289 crores as compared to Rs 5,297 crores in Q2FY25 and Rs 3,452 crores in the corresponding quarter of the last fiscal year. The revenue from operations in Q3FY25 stood at Rs 3,945 crores, a sequential decline of 2% QoQ, due to a reduction in trading volumes across the cash market and derivatives segment.

In Q3FY25, the cash market trading segment recorded an average daily traded volume (ADTVs) of Rs 1,04,115 crores (a decline of 19% QoQ). The ADTV for the equity futures segment in Q3FY25 stood at Rs 1,71,825 crores (decline of 15% QoQ); while the ADTV for equity options (premium value) stood at Rs 61,295 crores (decline of 7% QoQ). 

On a standalone basis, the operating EBITDA grew by 8% QoQ to Rs 2,807 crores in Q3FY25 due to a sequential reduction in expenditure. Net profit stood at Rs 2,291 crores in Q3FY25 as compared to Rs 2,954 crores in Q2FY25; net profit margin was 53% in Q3FY25.

For the 9MFY25 period, the standalone total income stood at Rs 13,964 crores of which operating revenue was Rs 12,038 crores. Operating EBITDA was Rs 7,799 crores and net profit was Rs 7,205 crores during the same period.

In the 9MFY25 period, NSE’s contribution to the exchequer was Rs 45,499 crores which comprised STT/CTT of Rs 37,271 crores, stamp duty of Rs 2,976 crores, SEBI fees of Rs 1,613 crores, income tax of Rs 2,173 crores and GST of Rs 1,466 crores. Out of the STT/CTT of Rs 37,271 crores, 61% is from the cash market segment and 39% is from the equity derivatives segment. 

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