Pitti Engineering Ltd

However, on a year-on-year basis, the company's net profit fell by 21.43%, despite a 28.54% increase in total income in Q4 FY25 over Q4 FY24. Profit before tax (PBT) in Q4 FY25 stood at Rs 42.19 crore, down 21.49% from Rs 53.74 crore recorded in the year-ago quarter. EBITDA stood at Rs 80.07 crore in Q4 FY25, registering growth of 54.28%, compared with Rs 51.90 crore in Q4 FY24. Total expenses jumped 37.11% YoY to Rs 430.11 crore in the fourth quarter of FY25. The cost of materials consumed stood at Rs 272.96 crore (up 35.77%), employee benefits expense was at Rs 53.76 crore (up 47.85% YoY), and finance costs were at Rs 18.94 crore (up 34.35% YoY) during the period under review. Sales volume for the quarter increased by 50.28% YoY to 17,185 metric tons (MT), compared to 11,435 MT in Q4 FY24. On a full-year basis, the company's net profit surged 36.33% to Rs 122.29 crore on a 34.87% jump in total income to Rs 1,743.36 crore in FY24 over FY23. Net debt as of 31st March 2025 stands at Rs 439.04 crore, and the net debt-to-equity ratio stood at 0.49. Akshay S. Pitti, MD & CEO, said, 'I am happy to report that our consolidated PAT for FY 25 has grown by 36.33% to Rs 122.29 Crores and total income was Rs 1,743.36 crores, up by 34.87%. We have delivered the best performance across every metric during the year.' Meanwhile, the board has recommended a final dividend of Rs 1.50 per equity share, subject to shareholder approval at the upcoming annual general meeting for FY 2024'25. Pitti Engineering is engaged in the manufacturing of electrical steel laminations, motor cores, sub-assemblies, die-cast rotors, press tools, and machining of metal components.Powered by Capital Market - Live

Net profit of Pitti Engineering declined 21.43% to Rs 36.14 crore in the quarter ended March 2025 as against Rs 46.00 crore during the previous quarter ended March 2024. Sales rose 39.56% to Rs 468.78 crore in the quarter ended March 2025 as against Rs 335.90 crore during the previous quarter ended March 2024. For the full year,net profit rose 36.33% to Rs 122.29 crore in the year ended March 2025 as against Rs 89.70 crore during the previous year ended March 2024. Sales rose 37.01% to Rs 1704.57 crore in the year ended March 2025 as against Rs 1244.16 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales468.78335.90 40 1704.571244.16 37 OPM %17.0815.45 -15.9114.55 - PBDT64.6569.34 -7 242.12178.12 36 PBT42.1953.74 -21 161.60119.39 35 NP36.1446.00 -21 122.2989.70 36 Powered by Capital Market - Live

Pitti Engg. announced that the Board of Directors of the Company at its meeting held on 21 April 2025, has recommended a Final dividend of Rs.1.50 per share (i.e.30%), subject to the approval of the shareholders.Powered by Capital Market - Live

Pitti Engg. will hold a meeting of the Board of Directors of the Company on 21 April 2025.Powered by Capital Market - Live

Net profit of Pitti Engineering rose 83.07% to Rs 28.76 crore in the quarter ended December 2024 as against Rs 15.71 crore during the previous quarter ended December 2023. Sales rose 37.46% to Rs 414.98 crore in the quarter ended December 2024 as against Rs 301.89 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales414.98301.89 37 OPM %16.1317.05 - PBDT59.7640.86 46 PBT38.6625.16 54 NP28.7615.71 83 Powered by Capital Market - Live

Net profit of Pitti Engineering rose 54.61% to Rs 24.29 crore in the quarter ended December 2024 as against Rs 15.71 crore during the previous quarter ended December 2023. Sales rose 20.48% to Rs 363.71 crore in the quarter ended December 2024 as against Rs 301.89 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales363.71301.89 20 OPM %16.6617.06 - PBDT53.2240.86 30 PBT33.1425.16 32 NP24.2915.71 55 Powered by Capital Market - Live

Parshva Enterprises Ltd, SRG Housing Finance Ltd, Paramount Communications Ltd and Genesys International Corporation Ltd are among the other losers in the BSE's 'B' group today, 03 February 2025.Pitti Engineering Ltd crashed 9.88% to Rs 1046 at 14:33 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 9909 shares were traded on the counter so far as against the average daily volumes of 2693 shares in the past one month.Parshva Enterprises Ltd lost 9.67% to Rs 173.25. The stock was the second biggest loser in 'B' group.On the BSE, 1557 shares were traded on the counter so far as against the average daily volumes of 323 shares in the past one month.SRG Housing Finance Ltd tumbled 9.17% to Rs 316.05. The stock was the third biggest loser in 'B' group.On the BSE, 374 shares were traded on the counter so far as against the average daily volumes of 692 shares in the past one month.Paramount Communications Ltd plummeted 8.58% to Rs 63.4. The stock was the fourth biggest loser in 'B' group.On the BSE, 4.53 lakh shares were traded on the counter so far as against the average daily volumes of 1.82 lakh shares in the past one month.Genesys International Corporation Ltd pared 8.18% to Rs 840.75. The stock was the fifth biggest loser in 'B' group.On the BSE, 17460 shares were traded on the counter so far as against the average daily volumes of 37886 shares in the past one month.Powered by Capital Market - Live

Pitti Engg. will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live

Pitti Engg. will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live

Pitti Engg. announced that the 40th Annual General Meeting (AGM) of the company will be held on 20 September 2024.Powered by Capital Market - Live