Rajoo Engineers Reports 36.74% YoY PAT Growth in Q2 FY25

Rajoo Engineers Limited has reported its unaudited financial results for the second quarter (Q2) and first half (H1) ended September 30, 2024, adhering to the IND AS accounting guidelines.

Q2 FY 2025 Financial Performance

The company’s revenue from operations for Q2 FY25 stood at ₹56.81 crore, marking a year-on-year (YoY) growth of 6.12% compared to ₹53.53 crore in Q2 FY24. This growth was primarily driven by a robust order book, which resulted in steady production and timely dispatches, with some deliveries already completed and the remaining scheduled for the upcoming quarters.

EBITDA (excluding Other Income) was ₹9.14 crore for the quarter, a 27.47% increase over ₹7.17 crore in the same period last year. Profit after Tax (PAT) for Q2 FY25 reached ₹7.24 crore, a YoY increase of 36.74% from ₹5.29 crore in Q2 FY24.

H1 FY 2025 Financial Performance

For the first half of FY25, revenue from operations surged to ₹107.68 crore, representing a robust 27.07% YoY growth compared to ₹84.74 crore in H1 FY24. The company’s strong order book contributed to higher production levels and increased dispatches throughout the period. 

EBITDA (excluding Other Income) for H1 FY25 was ₹16.26 crore, a 61.23% increase from ₹10.09 crore in H1 FY24. Profit after Tax for H1 FY25 came in at ₹12.58 crore, reflecting a YoY growth of 62.27% compared to ₹7.75 crore in the previous year.

Commenting on the company’s performance, the Managing Director of Rajoo Engineers Ltd, Ms Khushboo Chandrakant Doshi, said, “During the second quarter ended 30th September 2024 we have registered a Revenue of ₹56.81 crore, EBITDA of ₹9.14 crore and PAT of ₹7.24 crore. During the quarter we had an encouraging order book resulting in higher production and increased dispatches throughout the period.”

She further added, “The launch of the Proex series of high-performance blown film lines, featuring RELEX 4.0 extruders and CSD 4.0 die, underscores our technological advancement, allowing us to produce films at 900 kg/hr with 22-micron thickness and 2,800 mm lay flat width, achieving unprecedented speeds of 150 m/min. This innovation is a testament to our dedication to energy efficiency and high yield, positioning us at the forefront of industry excellence.” 

On October 21, 2024, Rajoo Engineers Ltd’s share price opened at ₹379.50, touching the day’s low at ₹372.10, as of 9:33 AM on the BSE.

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