IFB Industries Reports Robust Profit Growth in Q3 FY25
IFB Industries Ltd recorded a significant 78% increase in net profit for Q3 FY25, reaching Rs 31.09 crore. Revenue rose by 9.36% to Rs 1,269.52 crore. The company's home appliances division led growth with an 11.36% increase, while the stock rose by 2.28% on BSE.
- Country:
- India
IFB Industries Ltd has announced a substantial surge in its consolidated net profit, which soared by over 78% in the third quarter of FY25, rising to Rs 31.09 crore compared to the same period last year.
The company's revenue from operations also experienced growth, climbing 9.36% to Rs 1,269.52 crore for the quarter ending December 2024. Notably, IFB's home appliances division contributed significantly, posting an 11.36% year-on-year rise.
In financial markets, shares of IFB Industries saw a 2.28% increase, closing at Rs 1,612.75 on the BSE, reflecting investors' positive response to the company's strong earnings report.
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