Interarch Building Products Limited Reports Robust Q1 FY25 Performance with 7.45% EBITDA Growth
Interarch Building Products Limited Reports Robust Q1 FY25 Performance with 7.45% EBITDA Growth
Strong Financial Performance for Q1 FY25
Interarch Building Products Limited (BSE Code: 544232) (NSE: INTERARCH) continues to build on its growth trajectory with notable financial results for the first quarter of FY25, ending June 30, 2024.
Revenue: INR 303.4 Cr, reflecting a YoY growth of 3.31%
EBITDA: INR 27 Cr, showing a YoY increase of 7.45%
EBITDA Margin: 8.92%
PAT: INR 20.3 Cr, representing a YoY growth of 4.56%
Consolidated Financial Summary
Operational Highlights for Q1 FY25
New Manufacturing Facility: Inaugurated the 5th state-of-the-art PEB manufacturing plant in Athivaram, Andhra Pradesh, marking the 4th fully integrated unit.
Capacity Expansion: The new plant will increase production capacity by 60,000 MT per annum over two phases, boosting the total installed capacity to 2 Lac MT per annum.
Job Creation: The facility will generate 750 new job opportunities in the region.
CEO’s Commentary
Mr. Arvind Nanda, Managing Director of Interarch Building Products Ltd., stated:
“During Q1 FY25, we achieved a revenue of INR 303.4 crores, up from INR 293.7 crores in the previous year, a growth of 3.3%. Our EBITDA rose by 7.45%, reflecting our operational efficiency and improved realizations. We are particularly excited about the inauguration of our new PEB manufacturing plant in Athivaram. This facility will not only enhance our production capabilities but also contribute significantly to local employment. With a strong order book of INR 1350 Cr as of August 2024, we are poised to sustain our growth and continue delivering value to our stakeholders.”
Looking Ahead
Interarch Building Products Limited is committed to maintaining its growth trajectory through strategic investments and operational excellence. The company remains focused on expanding its market presence and driving long-term value creation for its stakeholders.