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HomeNewsTop NewsAction Construction Equipment's net profit up 28.24% in Q2 FY25

Action Construction Equipment’s net profit up 28.24% in Q2 FY25

Action Construction Equipment has reported a growth of 28.24 per cent in its net consolidated profit during the quarter ended September 30, 2024. Its profit after tax stood at Rs 94.82 crore in Q2 FY25 as against Rs 73.94 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s net consolidated total income stood at Rs 790.90 crore in Q2 FY25, a growth of 14.59 per cent from Rs 690.21 crore it recorded in the similar quarter last year.

As on September 30, 2024, its net worth stood at Rs 1,383.66 crore, debt-equity ratio was 0.08, current liability ratio was 0.98, total debts to total assets was 0.05, operating margin was 14.35% and net profit margin was 11.99%.

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