IFBIND IFB Industries Q3 FY25 results (Oct–Dec 2024) and concall
IFB Industries reported robust profit growth for Q3 FY25 and YTD December 2024, driven by revenue expansion and contained expenditures. However, the company faced an unexpected and unexplained slowdown in its core washer segment during November and December, leading to inventory buildup. Management is initiating a significant INR 200 crore cost reduction program and sees strong potential in the AC and refrigerator segments, with the AC business now EBITDA positive and targeting 4-5% EBIT margins next year.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 |
|---|---|---|
| Revenue | 1,219 | 1,270 |
| EBITDA | 66 | 83 |
| Net profit | 31 | 31 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
