Trom Industries Profit Doubles in H1 FY25 | Strong Order Inflow
By Rediff Money Desk, New Delhi Nov 14, 2024 16:18
Trom Industries, a solar EPC provider, has reported a more than two-fold jump in net profit for H1 FY25, driven by strong order inflow. The company's revenue also saw a significant increase.
New Delhi, Nov 14 (PTI) Solar projects EPC services provider Trom Industries has reported a more than two-fold jump in net profit to Rs 4.13 crore in the April-September period of 2024-25 driven by strong order inflow.
The Gujarat-based company had reported a net profit of Rs 1.97 crore in the year-ago period, according to an exchange filing.
The company reported a 98.67 per cent rise in revenue to Rs 46.23 crore for the half year ended in September 2024 compared to Rs 23.27 crore in the year-ago period.
Focused approach and cost consciousness have led to yet another record profitable period, the company said.
Trom Industries, which is listed on the NSE SME platform, recently bagged a work order worth Rs 33 crore from Gujarat Metro Rail Corporation (GMRC) and Corona Remedies.
The company provides engineering procurement and construction services for residential solar rooftop systems, industrial solar power plants, ground-mounted solar power plants and others.
The Gujarat-based company had reported a net profit of Rs 1.97 crore in the year-ago period, according to an exchange filing.
The company reported a 98.67 per cent rise in revenue to Rs 46.23 crore for the half year ended in September 2024 compared to Rs 23.27 crore in the year-ago period.
Focused approach and cost consciousness have led to yet another record profitable period, the company said.
Trom Industries, which is listed on the NSE SME platform, recently bagged a work order worth Rs 33 crore from Gujarat Metro Rail Corporation (GMRC) and Corona Remedies.
The company provides engineering procurement and construction services for residential solar rooftop systems, industrial solar power plants, ground-mounted solar power plants and others.
Source: PTI
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