Pitti Engineering Reports 21.43% Decline in Q4 Net Profit
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Synopsis
Pitti Engineering has reported a significant decline in net profit for Q4 FY25, despite a strong rise in sales. The company continues to perform well overall, with substantial growth in annual profit and sales figures.
Key Takeaways
- Net profit declined 21.43% YoY to Rs 36.14 crore in Q4 FY25.
- Sales increased by 39.56% to Rs 468.78 crore.
- Annual net profit jumped 36.33% to Rs 122.29 crore.
- Total sales for FY25 reached Rs 1,704.57 crore.
- Pitti Engineering serves crucial sectors including renewable energy.
New Delhi, April 21 (NationPress) Pitti Engineering has announced a 21.43% year-on-year (YoY) drop in its consolidated net profit, registering Rs 36.14 crore for the quarter that ended in March 2025 (Q4 FY25), down from Rs 46 crore during the same quarter last year.
This decrease in profitability occurred despite a remarkable increase in sales, which surged by 39.56% to Rs 468.78 crore, compared to Rs 335.90 crore in the same period of the previous fiscal year.
For the complete financial year ending March 2025, the firm experienced a strong 36.33% increase in net profit, amounting to Rs 122.29 crore, up from Rs 89.70 crore in FY24.
Total sales for the fiscal year rose by 37.01% to Rs 1,704.57 crore, compared to Rs 1,244.16 crore from the last fiscal year.
Pitti Engineering Limited, previously known as Pitti Laminations Limited, stands as a prominent Indian manufacturer and exporter of electrical steel laminations, motor cores, die-cast rotors, sub-assemblies, and press tools.
The company provides essential components to various sectors, including power generation, renewable energy, transportation, and infrastructure.
On the National Stock Exchange (NSE), its shares closed nearly unchanged at Rs 999, gaining Rs 1.30, or 0.13%, on Monday.
In the past five days, the stock has decreased by Rs 23, or 2.25%, and it fell by Rs 10.70, or 1.06%, in the preceding month.
The stock has shown a downward trend throughout 2025, experiencing a loss of Rs 299, or 23.06%, over the last six months. Year-to-date, the stock has delivered Rs 331.45, or 24.91%, on the NSE.
The shares reached a 52-week high of Rs 1,512.4 on December 5, 2024, while the 52-week low was Rs 782.75 on April 19, 2024.
As per NSE data, the current market capitalization of the company stands at Rs 3,761.59 crore.
