Iron & Steel products manufacturer BMW Industries announced Q1FY25 results:
- In Q1FY25, total revenue increased by 27.6% QoQ and 10.7% YoY, totalling Rs 17,547 lakh.
- Gross Profit grew by 10.5% YoY, climbing to Rs 11,327 lakh in Q1FY25 from Rs 10,248 lakh in Q1FY24.
- EBITDA rose by 17.1% YoY, reaching Rs 4,421 lakh, while EBITDA margin expanded by 139 basis points YoY to 25.2%.
- Profit After Tax (PAT) showed a similar positive trend, increasing from Rs 1,556 lakh in Q1FY24 to Rs 2,234 lakh in Q1FY25, representing strong growth of 43.5% YoY.
- PAT Margin also improved, rising to 12.7% from 9.8% in the same quarter last year.
- EPS stood at Rs 0.98 as against Rs 0.69 in Q1FY24
- Net Debt stood at Rs 11,761 lakh in Q1FY25 as against Rs 9,937 lakh in March 2024
- Net Debt/EBITDA increased to 0.67 in Q1FY25 from 0.62 in March 2024