Commissioned by the Andhra Pradesh government as part of its renewable energy drive, the project was awarded to Bondada Engineering.
The company’s revenue dipped 24% to ₹459.8 crore from ₹604.3 crore in Q4 FY24.
The company’s net profit for the March quarter remained flat at ₹165 crore.
EBITDA grew up by 43% YoY to touch ₹187 crore in Q4 FY25
The partnership is seeking to design and manufacture cutting-edge logistics and cargo drones for defence and civilian operations in the country.
EBITDA also jumped over two-times from last year to ₹42 crore demonstrating operating leverage and better profitability.
The company’s revenue from operations was at ₹2,694.4 crore, down 11.7% from ₹3,052 crore in Q4 FY24.
The deal is for production and delivery of Universal Rocket Launchers ranging up to 300 km.
Company's EBITDA Margin increased to 13.20% compared to 11.98% in the same period of the previous year
Here are some of the stocks that may see significant price movement today: Glenmark Pharma, Ashok Leyland, NTPC, etc.
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