Action Construction Equipment's Profit Rises 26% to ₹111.68 Crore in Q3

Revenue Growth and Financial Performance

Action Construction Equipment Ltd (ACE) reported a significant 26% increase in consolidated profit after tax (PAT), reaching ₹111.68 crore in the December quarter. The rise in profit was primarily driven by higher income, the company stated in an official announcement.

In comparison, ACE had recorded a PAT of ₹88.24 crore during the same period in the previous financial year (2023-24). The company’s total income grew to ₹905.28 crore, reflecting a 16.65% rise from ₹776.08 crore in the year-ago quarter.

Key Financial Highlights

• Profit After Tax (PAT): ₹111.68 crore, up by 26% YoY
• Total Income: ₹905.28 crore, up from ₹776.08 crore (16.65% increase)
• Expenses: ₹755.79 crore, compared to ₹661.78 crore in the previous year

Industry Outlook and Future Growth

Speaking on the financial results, Sorab Agarwal, Executive Director of ACE, highlighted the impact of the government’s continuous infrastructure push. He mentioned that in the recently announced Budget, the government has retained its focus on infrastructure, with capital expenditure (capex) spending expected to remain above 3% of GDP for the third consecutive year.

This ongoing investment in infrastructure is expected to create long-term growth opportunities for companies like ACE, which is among India’s leading material handling and construction equipment manufacturers.

Expert Statements

Sorab Agarwal, Executive Director of ACE, stated, “The government’s strong infrastructure push in the Budget will continue to support demand in the construction equipment sector. With a steady rise in capex spending, we are optimistic about sustained growth in the coming quarters.”

A financial analyst commented, “ACE’s strong Q3 performance reflects both the industry’s growth momentum and the company’s strategic execution. The rise in income and profit showcases its ability to capitalize on the increasing demand for construction equipment.”

Future Prospects

With a steady rise in demand for construction and material handling equipment, ACE is well-positioned to leverage market opportunities. The company’s consistent financial growth and strategic alignment with the government’s infrastructure vision reinforce its potential for continued expansion in the coming quarters.
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