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.


Devdiscourse News Desk | Navimumbai | Updated: 30-10-2024 11:59 IST | Created: 30-10-2024 11:59 IST
Tembo Global Industries: Surging Profits and Robust Growth

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.)

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