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Jupiter Wagons Reports Strong Q3 FY25: Net Profit Jumps 18.4% to Rs 96.4 Crore
Jupiter Wagons Limited (JWL) has announced robust financial results for the third quarter of FY 2024-25, demonstrating significant growth across key financial metrics and strategic expansions in sustainable transportation.
Q3 Financial Performance Highlights
The company has reported impressive growth in several key areas:
- Net Profit increased by 18.4% year-on-year to Rs 96.4 crore
- Revenue from Operations grew 15% to Rs 1,029.8 crore
- Total Income rose 16% to Rs 1,044.7 crore
- EBITDA expanded by 19.5% to Rs 148.7 crore
- EBITDA Margin improved to 14.4% from 13.9%
Nine-Month Performance
The company's growth trajectory remains strong for the first nine months of FY25:
- Consolidated Income reached Rs 2,951.2 crore, up 16.1% YoY
- Net Profit surged 22.7% to Rs 277.7 crore
Strategic Developments and Future Outlook
Jupiter Wagons has made significant strategic moves to strengthen its market position:
- Robust order book of Rs 6,320 crore as of December 31, 2024
- Increased stake in Jupiter Electric Mobility (JEM) to 75%
- Strategic acquisition of Log9's technology and business assets for railway and electric truck batteries
Management Commentary and Future Prospects
Managing Director Vivek Lohia expressed optimism about the company's future, citing expectations of increased railway infrastructure investments in the upcoming budget. This positive outlook is supported by the company's strong order book and strategic investments in sustainable transportation solutions.
Strategic Focus on Sustainable Transportation
The company's recent acquisitions and stake increases demonstrate its commitment to expanding its presence in the sustainable transportation sector. These strategic moves position Jupiter Wagons favorably to capitalize on the growing demand for electric mobility solutions and railway infrastructure development.
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