Q2 2025 Sharda Motor Industries Ltd Earnings Call Transcript
Key Points
- Sharda Motor Industries Ltd (BOM:535602) reported a gross profit growth of 8% in Q2 FY 25 compared to Q2 FY 24.
- The company achieved a strong EBITDA growth of 20% for H1 FY 25 compared to H1 FY 24.
- Sharda Motor Industries Ltd (BOM:535602) secured an export order for emission components to the US market, valued at approximately $7 million annually.
- The company maintains a healthy liquidity position with over INR782 crore in cash and cash equivalents.
- The utility vehicle category showed strong performance with a 12.3% growth, driven by consumer preference for multifunctional vehicles.
- The company's revenue declined by 7% in Q2 FY 25 compared to Q2 FY 24.
- Passenger vehicle sales volume experienced a slight year-on-year decline of 0.6% in Q2 FY 25.
- The commercial vehicle segment saw a 9.2% year-on-year decline in Q2 FY 25, with domestic demand lagging by 11%.
- Other expenses increased by 14% year-on-year, attributed to job work and labor hire charges.
- The company faces challenges in predicting specific momentum due to market volatility and global changes.
(Music Paying) Ladies and gentlemen, you have been connected to the Sharda Motor Industries Limited conference call. The call will begin shortly.
Ladies and gentlemen, you have been connected to the Sharda Motor Industries Limited conference calls. The meeting will begin shortly.
Ladies and gentlemen, good day and welcome to Q2 525 Sharda Motor Industries Limited conference call hosted by Securities (operator Instructions).
Please note that this conference is being recorded. I now hand the conference over to Mr. Ashutosh Tiwari from Equirus Security. Thank you and over to you, sir.
Thank you. Hi, good evening. Everyone. On behalf of Equirus Security I welcome you all to the Q2 conference call.
From the management side. We have Mr. Aashim Relan, Chief Executive Officer and Mr. Puru Aggarwal President and Chief Financial Officer. So without further I do. Now, I Hand over the floor to Mr. Puru Aggarwal for his open over to you.
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