Q4FY24 Quarterly Result Announced for Siemens Ltd.
Heavy Electrical Equipment company Siemens announced Q4FY24 results
- New Orders rose by 37% and were at Rs 6,164 crore.
- Revenue rose by 11% to Rs 5,894 crore.
- Profit after Tax rose by 45% to Rs 775 crore.
- Ranked 2nd in the Capital Goods segment at the Sustainable World Conclave 2024 by BusinessWorld.
- Board recommends dividend of Rs 12 per equity share of Rs 2 each (600%)
Sunil Mathur, Managing Director and Chief Executive Officer, Siemens, said: “The Company delivered a strong set of results in Q4FY24, with growth across all financial metrics. In particular, we continued to gain market share from a healthy demand across all our businesses with increasing interest in Siemens Xcelerator, our digital platform. With a pick-up in private sector capex and the Government’s ongoing focus on capex in infrastructure, we believe we are well positioned to meet the growing opportunities in the market. We are currently focused on completing the announced demerger of the Energy business which will unlock value for our shareholders.”
H1FY25 & Q2FY25 Result Announced for Sagility India Ltd.
Commercial Services company Sagility India announced H1FY25 & Q2FY25 results
Q2FY25 Financial Highlights:
- Revenue at Rs 13,250 million (USD 157.9 million), YoY growth of 21.1%.
- Adjusted EBITDA at Rs 3,378 million (USD 40.3 million) at 25.5% of revenue, YoY growth of 22.2%.
- Adjusted PAT at Rs 1,636 million (USD 19.5 million) at 12.3% of revenue, YoY growth of 30.5%.
- Basic Earnings per share (EPS) at Rs 0.25, YoY growth of 207.4%.
- Adjusted Basic Earnings per share (EPS) at Rs 0.35, YoY growth of 19.5%.
H1FY25 Financial Highlights:
- Revenue at Rs 25,484 million (USD 304.5 million), YoY growth of 15.3%.
- Adjusted EBITDA at Rs 6,538 million (USD 78.1 million) at 25.7% of revenue, YoY growth of 12.8%.
- Adjusted PAT at Rs 3,083 million (USD 36.8 million) at 12.1% of revenue, YoY growth of 15.1%.
- Basic Earnings per share (EPS) at Rs 0.31, YoY growth of 69.7%.
- Adjusted Basic Earnings per share (EPS) at Rs 0.68, YoY growth of 8.3%.
- OCF to EBITDA at 114%.
Other Highlights:
- Sagility India successfully listed in India on Nov 12, 2024.
- Clientele: As of September 30, 2024, Sagility has 45 active clients. Client NPS has improved to 53.
- Employees: At the end of Q2, Sagility had 38,380 employees. Attrition improved to 25.8%.
- Geo Presence: As of September 30, 2024, Sagility had a presence in 5 countries with 32 delivery centers.
Ramesh Gopalan, Managing Director and Group CEO, said: “Sagility occupies a critical position in the US healthcare services space, supported by domain expertise and long-standing client relationships. Over the years we have built tech enabled solutions and services to deliver best-in-class business outcomes for Payers and Providers, resulting in continued accretion to size and duration of our client engagements. Our runway for growth is long and is backed by a combination of favorable industry dynamics, our strategic investments in advanced technologies including AI and a strong orientation towards creating value for our clients.”
Sarvabhouman Srinivasan, Group Chief Financial Officer said: “Our EBITDA margin is consistent with our historical performance, and we will continue to make investments in technology, AI use cases to deliver superior outcomes and create value for our stakeholders.”
H1FY25 & Q2FY25 Result Announced for ACME Solar Holdings Ltd.
Electric Utilities company ACME Solar Holdings announced H1FY25 & Q2FY25 results
Financial Highlights:
- Total revenue for H1FY25 at Rs 635 crore up 5.5% YoY and Q2FY25 at Rs 295 crore up 7.4% YoY.
- EBITDA for H1FY25 at Rs 558 crore, up 4.8% YoY and Q2FY25 at Rs 256 crore, up 3.7% YoY.
- Consistent and healthy EBITDA margin at ~88%.
- Cash PAT for H1FY25 at Rs 152 crore, up 10.6% YoY and Q2FY25 at Rs 75 crore, up 75.4% YoY.
- PAT at Rs 15 crore for the Q2FY25 vis-a-vis Rs 1 crore in Q1FY25 on a QoQ basis.
- Net Debt/Equity stood at 2.1x as of Q2FY25.
Operational Highlights:
- Capacity utilization factor has incroreeased from 23.3% in H1FY24 to 24.6% in H1FY25 owing to initiatives focused on preventive and predictive maintenance.
- Plant availability has improved from 99.2% in H1FY24 to 99.3% in H1FY25.
- The implementation of drycleaning robots streamlined the process of module cleaning and enhanced operational performance.
H1FY25 & Q2FY25 Result Announced for Afcons Infrastructure Ltd.
Construction & Engineering company Afcons Infrastructure announced H1FY25 & Q2FY25 results
- The order book as of Sept’24 stood at Rs 34,152 crore, reflecting a strong revenue visibility.
- In H1FY25, order momentum was strong as the company received orders worth Rs 8,925 crore. Additionally, the company has emerged as the L1 bidder for orders amounting to Rs 10,154 crore of which LOAs have been received for orders worth Rs 3,752 post 30th Sept’24.
- Total Income stood at Rs 3,090 crore in Q2FY25, compared to Rs 3,434 crore in Q2FY24. For H1FY25, Total Income stood at Rs 6,303 crore compared to Rs 6,655 crore in H1FY24.
- EBITDA for Q2FY25 stood at Rs 427 crore as compared to Rs 394 crore in Q2FY24 representing a growth of 8.5% YoY. The company recorded highest ever EBITDA margin for the quarter which stood at 13.8% as against 11.5% for the same quarter last year. EBITDA for H1FY25 stood at Rs 799 crore up by 12.8% while margins stood at 12.7%.
- PAT for Q2FY25 stood at Rs 135 crore as compared to Rs 104 crore in Q2FY24 representing a growth of 30.0% YoY. PAT margin for the quarter stood at 4.4% as against 3.0% for the same quarter last year. PAT for H1FY25 stood at Rs 227 crore up by 16.3%.
- As of Sept’24 the consolidated net debt stood at Rs 2,640 crore compared to Rs 1,789 crore as of Mar’24.
- Post the IPO fund raise, the company has utilized the IPO proceeds to the extent of Rs 600 crore for repayment of debt and 320 crore towards working capital requirements
Subramanian Krishnamurthy, Executive Vice Chairman, Afcons Infrastructure, said: “We are delighted to share Afcons Infrastructure's performance for the second quarter and first half of FY25. At the outset, I sincerely thank all our investors for their overwhelming support during our recent IPO. Your trust inspires us as we embark on this exciting new chapter of growth and value creation.
In Q2FY25, we recorded total income of Rs 3,090 crore, achieving our highest-ever quarterly EBITDA margin of 13.8% and a robust 30% year-on-year growth in profit after tax. Our strong order book of Rs 34,152 crore, excluding L1 projects worth Rs 10,154 crore, reflects our ability to secure high-quality projects and the confidence our clients place in our capabilities. This healthy and diversified orderbook provides strong revenue visibility for the future.
Aligned with our commitment to prudent financial management, we have utilized Rs 600 crore from the IPO proceeds to repay debt, further strengthening our balance sheet. While our revenue performance reflects challenges stemming from both external factors and internal strategic decisions, our steady improvement in profitability and operational metrics underscores our resilience and focus on sustainable growth.
We remain dedicated to delivering long-term value to our stakeholders while contributing to the growth and development of our nation through transformative infrastructure projects and strengthening our presence on the global stage.“
Q2FY25 Quarterly Result Announced for Waaree Energies Ltd.
Electrical Equipment & Products company Waaree Energies announced Q2FY25 results
Financial Highlights:
- Total Income: Rs 36,634.63 million compared to Rs 35,585.47 million during Q2FY24, change 2.95% YoY.
- EBITDA: Rs 6,139.37 million compared to Rs 5,385.09 million during Q2FY24, change 14.01% YoY.
- EBITDA Margin: 16.76% for Q2FY25.
- PAT: Rs 3,756.59 million compared to Rs 3,201.21 million during Q2FY24, change 17.35% YoY.
- PAT Margin: 10.25% for Q2FY25.
Other Highlights:
- Production of 3.3GW in H1FY25 vs 4.8GW for FY24 as a result of strong operational focus.
- Order book as on Sep 30, 2024, stands at an impressive ~20GW, demonstrating the confidence our customers have in our execution capabilities.
- EBITDA grew 15% YoY in H1FY25, clocking margins of 17.5%.
- The Board of Directors have approved an investment up to Rs 6,000 million for setting up and development of infrastructure (including land and connectivity) for the purpose of developing Renewable Power projects and bidding pipeline.