Jupiter Wagons Q3FY'25 Net Profit Up 18% to Rs 96cr
By Rediff Money Desk, Kolkata Jan 29, 2025 18:44
Jupiter Wagons reported an 18.4% YoY increase in net profit to Rs 96.4 crore for Q3FY'25, driven by higher revenue and improved margins. The company's order book stood at Rs 6,320 crore as of December 31, 2024.
Kolkata, Jan 29 (PTI) Jupiter Wagons Ltd (JWL) reported an 18.4 per cent year-on-year (YoY) increase in consolidated net profit to Rs 96.4 crore for the quarter ended December 2024, driven by higher revenue and improved margins.
Revenue from operations for Q3FY25 stood at Rs 1,029.8 crore, up 15 per cent YoY, the company said in a statement on Wednesday.
The company's total income for Q3FY25 rose 16 per cent YoY to Rs 1,044.7 crore, while EBITDA grew 19.5 per cent YoY to Rs 148.7 crore. The EBITDA margin expanded to 14.4 per cent from 13.9 per cent in the year-ago period.
For the nine months ended December 2024, JWL's consolidated income stood at Rs 2,951.2 crore, up 16.1 per cent YoY, with net profit rising 22.7 per cent to Rs 277.7 crore. The company's order book stood at Rs 6,320 crore as of December 31, 2024, the statement said.
JWL expanded its stake in its subsidiary, Jupiter Electric Mobility (JEM), to 75 per cent and acquired Log9's technology and business assets for railway and electric truck batteries, bolstering its presence in sustainable transportation.
Managing Director Vivek Lohia said the company expects continued demand growth amid expectations of increased railway infrastructure investments in the upcoming budget.
Revenue from operations for Q3FY25 stood at Rs 1,029.8 crore, up 15 per cent YoY, the company said in a statement on Wednesday.
The company's total income for Q3FY25 rose 16 per cent YoY to Rs 1,044.7 crore, while EBITDA grew 19.5 per cent YoY to Rs 148.7 crore. The EBITDA margin expanded to 14.4 per cent from 13.9 per cent in the year-ago period.
For the nine months ended December 2024, JWL's consolidated income stood at Rs 2,951.2 crore, up 16.1 per cent YoY, with net profit rising 22.7 per cent to Rs 277.7 crore. The company's order book stood at Rs 6,320 crore as of December 31, 2024, the statement said.
JWL expanded its stake in its subsidiary, Jupiter Electric Mobility (JEM), to 75 per cent and acquired Log9's technology and business assets for railway and electric truck batteries, bolstering its presence in sustainable transportation.
Managing Director Vivek Lohia said the company expects continued demand growth amid expectations of increased railway infrastructure investments in the upcoming budget.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.57 ( -9.52)
- 60265410
- Vodafone Idea L
- 8.27 (+ 0.73)
- 44071594
- YES Bank Ltd.
- 17.67 ( -0.56)
- 16081247
- G G Engineering
- 1.06 ( -4.50)
- 15019273
- Remedium Lifecare
- 3.97 (+ 4.75)
- 11827509
MORE NEWS
TRAI Recommends Network Authorisation...
TRAI recommends network authorisations under the Telecom Act 2023, outlining fees and...
![CCI Draft...](https://im.rediff.com/80-80/money/2019/oct/29cci.jpg)
CCI Draft Regulations: Cost of Production &...
The Competition Commission of India (CCI) has released draft regulations for...
![Karnataka Bank...](https://im.rediff.com/80-80/money/2020/sep/22bank-1.jpg)
Karnataka Bank Requests RBI to Reverse $18.87...
Karnataka Bank has identified suspicious cross-border UPI transactions totaling Rs...