Responsive Industries Q4 FY24 results (Jan–Mar 2024) and concall

Responsive Industries reported stellar full-year FY24 results, driven by a significant expansion in EBITDA and PAT margins due to a focus on high-value flooring products and operational efficiencies. Revenue grew 11.61% to INR 1,086 crores, while PAT surged over 560% to INR 161 crores. Management expressed confidence in maintaining these enhanced margins and achieving a top line of INR 2,500 crores within 3-5 years, leveraging existing capacity and a debt-free balance sheet.