Sejal Glass Limited Reports Exceptional Q1 FY25 Results with Impressive Growth

Sejal Glass Limited announced its Q1 FY25 unaudited financial results showcasing significant YoY growth. The company's total income rose by 94.23%, EBITDA by 99.07%, and PAT by a staggering 9,350.68%. Strategic investments and robust demand paint a positive outlook for the upcoming quarters.

PNN Mumbai (Maharashtra) [India], August 17: Sejal Glass Limited (NSE: SEJALLTD, BSE: 532993), a prominent architectural glass manufacturer, announced its unaudited Q1 FY25 financial results.

Key highlights for Q1 FY25 include a total income of Rs 53.07 crore, marking a 94.23% year-on-year growth. The company's EBITDA reached Rs 7.33 crore, witnessing a 99.07% increase, with an EBITDA margin of 13.81%, up by 34 basis points. PAT surged to Rs 1.40 crore—an astounding 9,350.68% rise—with a PAT margin of 2.64%, up by 258 basis points. The EPS stood at Rs 1.37, reflecting a 13,600.00% year-on-year growth.

Commenting on the results, Amrut Gada, Promoter of Sejal Glass Limited, said, "We're thrilled to announce exceptional Q1 FY25 performance, driven by strategic investments in technology and infrastructure. Our unwavering commitment to growth and innovation, alongside a strong clientele, positions us as the go-to provider for 'Everything in Glass', meeting diverse market needs."

In a strategic move, the company invested AED 15,000,000 in M/s. Sejal Glass & Glass Manufacturing Products LLC, acquiring a 99.01% stake, making it a subsidiary as of May 19, 2023. Consequently, the consolidated figures for the quarter ended June 30, 2024, are not comparable to the previous corresponding quarter. The Dadra Village plant operations were halted from May 31 to June 5, 2024, due to an illegal strike but resumed on June 6. With production back on track and strong demand, the company anticipates a positive outlook for the remaining quarters.

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(With inputs from agencies.)