Key player in pre-engineered building industry, Interarch Building Products Limited announced its unaudited financial results for the first quarter ended 30th June 2024.
Consolidated Q1FY25 Financial Performance:
โข Net revenue growth of 3.31% to INR 303 Cr compared to INR 294 Cr in Q1 FY24.
โข EBITDA (excluding other income) was INR 27.06 Cr in Q1 FY25 as against INR 25.18 Cr in Q1 FY24, YoY growth of 7.45% this was led by better realization.
โข EBITDA Margin for the quarter stood at 8.92%
โข Profit After Tax for the first quarter stood at INR 20.3 Cr as against INR 19.4 Cr in Q1 FY24.
Q1 FY25 Operational highlights:
โข The company inaugurated its 5th State-of-the-Art PEB Manufacturing plant (4th fully integrated unit) in Athivaram, Andhra Pradesh
โข The plant will add 60,000 MT per annum over 2 phases, increasing the overall installed capacity to 2 Lac MT per annum
โข The plant will create job opportunities for 750 personnel in the region
Arvind Nanda, Managing Director, Interarch Building Products Ltd., said “During the first quarter of the financial year 2025, we registered a revenue of Rs. 303.4 crores as against Rs. 293.7 crores in the corresponding quarter of the previous year, reflecting a year-on-year growth of 3.3%. Profit grew by 8.92% and order book as at end of August 24 stands at a robust 1350 Cr.
โWe have successfully inaugurated our 5th state-of-the-art PEB (Pre-Engineered Building) manufacturing plant in Athivaram, Andhra Pradesh. This marks the companyโs 4th fully integrated unit, designed to enhance production capabilities significantly. The new plant, set to increase installed capacity by 60,000 MT per annum over two phases, will raise the company’s overall installed capacity to 2 Lac MT per annum. In addition to bolstering production, the plant will also create employment opportunities for 750 individuals in the region, contributing to local economic development. We expect to maintain a similar growth trajectory, leveraging our strong product offerings and market position. Our focus remains on sustaining a well-balanced business mix, while our strategic priorities are centered on maintaining profitability and delivering long-term value to our stakeholders,โ added Nanda
