Remsons Industries, a leading manufacturer of automotive components, has announced a 33% rise in net profit for the December quarter. The company’s net profit climbed to ₹4 crore, up from ₹3 crore in the same period last year. This growth was fueled by robust sales of value-added products and improved export performance.
The company also saw a 26% increase in revenue, which rose to ₹103 crore from ₹82 crore in the previous year. Additionally, its EBITDA (earnings before interest, taxes, depreciation, and amortization) jumped 50% to ₹12 crore, compared to ₹8 crore in the corresponding quarter last year.
Krishna Kejriwal, Managing Director of Remsons Industries, highlighted that the company achieved its highest-ever revenue growth during the quarter. He noted that healthy profit margins further strengthened the company’s financial position. This performance aligns with Remsons’ target of reaching ₹900-₹1,000 crore in revenue by the financial year 2029.
The company attributed its success to its focus on high-value products, improved operational efficiency, and strong export revenues. Looking ahead, Remsons is optimistic about maintaining its growth momentum and ensuring long-term success.
Kejriwal added that the company plans to continue strengthening its business model and moving up the value chain. It aims to diversify its product portfolio, including expanding its presence in the Railways sector.
Remsons Industries is a well-known Indian manufacturer specializing in high-quality components for the automotive, electrical, and industrial sectors. Its product range includes switches, relays, wiring harnesses, and other critical electrical parts.
The company’s strong quarterly performance underscores its ability to capitalize on market opportunities and deliver consistent growth.
