February 4, 2025
Azad Engineering Limited (NSE: AZAD, BSE: 544061)
Azad Engineering Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2024. The company posted strong revenue growth and increased profitability, supported by a rise in its order book and strategic investments.
Financial Highlights (Standalone)
| Metric | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹1,185.88 Mn | ₹1,114.12 Mn | ₹892.26 Mn | ₹3,284.09 Mn | ₹2,479.73 Mn |
| EBITDA | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Profit Before Tax | ₹349.28 Mn | ₹299.36 Mn | ₹265.84 Mn | ₹892.30 Mn | ₹582.59 Mn |
| Net Profit | ₹242.91 Mn | ₹210.70 Mn | ₹168.04 Mn | ₹624.91 Mn | ₹436.51 Mn |
| EPS (Basic) | ₹4.11 | ₹3.56 | ₹3.37 | ₹10.57 | ₹8.74 |
Strategic Investments & IPO Utilization
- IPO Utilization: ₹2,227.49 Mn raised, with allocations to capital expenditure (₹603.95 Mn), debt repayment (₹1,381.88 Mn), and general corporate purposes.
- Subsidiary Activity: Investment in Azad Prime Private Limited for expansion into small modular reactors (SMRs) for the nuclear energy sector.