Ducon Infratechnologies Reports a 406% Surge in Q1 FY25 PAT
MUMBAI, India--(BUSINESS WIRE)--August 16, 2024--
Ducon Infratechnologies Limited (NSE: DUCON, BSE: 534674), is one of the leading Fossil Fuel Clean Technology company, driving India's transition to green energy. The Company reported its Unaudited financials for Q1 FY25.
Q1 FY25 Key Financial Highlights (Consolidated) Particulars ( Cr) Q1 FY25 Q1 FY24 YoY Change ------------------------------------------------ ------- ------- ---------- Total Income 109.56 91.10 + 20.26% ------------------------------------------------ ------- ------- ---------- EBITDA 6.79 3.16 + 114.80% ------------------------------------------------ ------- ------- ---------- EBITDA (%) 6.20% 3.47% + 273 BPS ------------------------------------------------ ------- ------- ---------- PAT 3.07 0.61 + 405.68% ------------------------------------------------ ------- ------- ---------- PAT (%) 2.81% 0.67% + 214 BPS ------------------------------------------------ ------- ------- ---------- EPS ( ) 0.12 0.02 + 500.00% ------------------------------------------------ ------- ------- ----------
Key Highlights For Q1 FY25
Industrial EPC drives 99.12% of revenue, while Security Solutions & AI makes up only 0.88%.
For FY24 the company reported Revenue 314.86 Cr, Net profit 5.04 Cr, EPS 0.19.
Commenting on the performance Mr. Aron Govil, Managing Director of Ducon Infratechnologies Limited said, "We are pleased to report a period of significant growth and success for our company. Our strategic initiatives and expansion into new markets have driven a notable increase in revenue, demonstrating our ability to deliver value and meet client needs. Our focus on operational efficiency and cost management has led to improved operating profits and a substantial rise in net profit, highlighting our commitment to optimizing processes and ensuring sustainable profitability.
Our team remains committed to driving innovation, maintaining our competitive edge, and executing growth strategies to enhance shareholder value as we look forward to future opportunities."
About Ducon Infratechnologies Limited
Established in 2005, Ducon Infratechnologies Ltd. is a leader in Fossil Fuel Clean Technology, with nearly 20 years of experience driving India's transition to green energy. The company specializes in Flue Gas Desulfurization $(FGD)$ systems, offering turnkey solutions for industries like power, steel, oil, and cement to meet global clean technology standards. Ducon also engages in rural electrification, industrial environmental control, and bulk material handling projects.
As a prominent EPC company, Ducon provides air pollution control and bulk material handling systems, including belt conveyors, pneumatic systems, and silos. With a strong ethical foundation, Ducon continues to grow, aligning with India's push for stringent emission standards and electrification initiatives.
Disclaimer
Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
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CONTACT: For Further Information Please Contact Corporate Communication Advisor
Kirin Advisors Private Limited
Sunil Mudgal -- Director
sunil@kirinadvisors.com
+91 98692 75849
www.kirinadvisors.com
(END) Dow Jones Newswires
August 16, 2024 07:40 ET (11:40 GMT)
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