Kolkata, January 28, 2025 – IFB Industries Limited (NSE: IFBIND, BSE: 505726) has announced its Q3 FY25 financial results, reporting an 8.7% year-on-year (YoY) growth in total revenue, reaching ₹1,227.95 crore, while net profit stood at ₹34.59 crore. The company’s performance was driven by strong home appliance sales and increased engineering exports.
Key Financial Highlights – Q3 FY25 (Standalone)
| Metric | Q3 FY25 | Q3 FY24 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹1,227.95 crore | ₹1,133.22 crore | +8.7% |
| Total Income | ₹1,231.83 crore | ₹1,140.34 crore | +8.0% |
| EBITDA | ₹108.72 crore | ₹112.23 crore | -3.1% |
| Net Profit (PAT) | ₹34.59 crore | ₹33.53 crore | +3.2% |
| Earnings Per Share (EPS) | ₹0.84 | ₹0.81 | +3.7% |
- Revenue: ₹3,641.79 crore (+9.3% YoY).
- Net Profit: ₹107.20 crore (+10.8% YoY).
Segment Performance & Business Updates
- Home Appliances Revenue: ₹992.36 crore (+9.8% YoY), contributing 79% of total revenue.
- Engineering Division Revenue: ₹204.16 crore (+3.6% YoY), driven by higher exports in fine-blanked components.
- Motor & Steel Business: ₹61.89 crore revenue, stable YoY performance.
- Export Sales Contribution: 22% of total revenue, showing expansion in Europe and APAC markets.
Key Business Developments
1. Investments in New Product Development
- Increased R&D spending on energy-efficient appliances.
- Expansion in IoT-enabled washing machines & dishwashers.
2. Operational Efficiency Measures
- Implemented automation in manufacturing plants to optimize costs.
- Increased procurement from local suppliers to mitigate raw material price fluctuations.
3. Market Expansion & Distribution Strategy
- Strengthened presence in Tier-2 and Tier-3 cities with 30 new distributor tie-ups.
- Enhanced online retail presence, with 20% of home appliance sales now coming from e-commerce.
Management Commentary
Bijon Nag, Chairman IFB Industries, stated:"Our consistent revenue growth reflects our strong brand positioning and expansion into premium appliances. With continued focus on innovation and market penetration, we are confident in sustaining long-term profitability."
Strategic Outlook & Market Positioning
- Continued investment in digital and IoT-driven appliances.
- Expansion in commercial kitchen solutions to drive future revenue.
- Optimized supply chain strategy to maintain stable margins.