Action Construction Equipment Q2 Results: PAT grows 28% YoY to Rs 95 crore
Income increased to Rs 790.90 crore from Rs 690.21 crore in the year-ago quarter.
For the April-September period, the company reported a PAT of Rs 179 crore, higher from Rs 141.51 crore in the corresponding six-month period of FY24.
«In the quarter gone by, we have reinforced our liquidity position, improved working capital efficiency and further fortified our balance sheet which gives us the flexibility to seize growth opportunities in the future,» Executive Director Sorab Agarwal said in a statement.
Revenue from cranes, material handling & construction equipment segment during the quarter was Rs 693.07 crore, while from the agri equipment division it earned a revenue of Rs 61.27 crore.
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