Tembo Global Industries: Surging Profits and Robust Growth
Tembo Global Industries Limited reported a remarkable 176% increase in PAT for H1FY25, reaching ₹26.2 crores compared to the previous fiscal. The company's Q2FY25 revenue grew 52% YoY. With new projects lined up, TGIL remains committed to operational efficiency and market expansion.
In an impressive financial performance for the first half of FY25, Tembo Global Industries Limited (TGIL) announced a 176% year-on-year increase in its profit after tax (PAT), amounting to ₹26.2 crores from the previous fiscal's ₹9.51 crores.
The company's consolidated revenue for Q2FY25 surged 52% annually, reaching ₹172.9 crores, a significant rise from ₹114.04 crores. This robust growth is credited to TGIL's focus on diverse product lines and strong demand in engineering solutions.
Amidst challenging market conditions, TGIL is poised for sustained growth with a portfolio of new projects, including a major power purchase agreement under the Kusum 2 scheme. The company maintains its commitment to operational efficiency, innovation, and market expansion.
(With inputs from agencies.)