{"id":41299,"date":"2024-06-10T15:24:31","date_gmt":"2024-06-10T09:54:31","guid":{"rendered":"https:\/\/mint-money.in\/index.php\/2024\/06\/10\/aluwind-architectural-limited-achieves-519-percent-net-profit-growth-in-fy24\/"},"modified":"2024-06-10T15:24:31","modified_gmt":"2024-06-10T09:54:31","slug":"aluwind-architectural-limited-achieves-519-percent-net-profit-growth-in-fy24","status":"publish","type":"post","link":"https:\/\/mint-money.in\/index.php\/2024\/06\/10\/aluwind-architectural-limited-achieves-519-percent-net-profit-growth-in-fy24\/","title":{"rendered":"Aluwind Architectural Limited Achieves 519 Percent Net Profit Growth in FY24"},"content":{"rendered":"<div>\n<p><strong>Mumbai (Maharashtra) [India], June 10:<\/strong> Aluwind Architectural Limited,\u00a0(NSE \u2013\u00a0ALUWIND), a reputed player in the facade and fenestration industry, has\u00a0<a><\/a>announced its\u00a0Audited Financial Results for the\u00a0H2\u00a0and FY24.<\/p>\n<p><strong>Key Financial\u00a0Highlights\u00a0<\/strong><\/p>\n<p><strong>H2 FY24<\/strong><\/p>\n<ul>\n<li>Total Income of\u00a0\u20b942.16\u00a0Cr, YoY growth of 46.03%<\/li>\n<li>EBITDA of\u00a0\u20b96.16 Cr, YoY growth of 295.61%<\/li>\n<li>EBITDA Margin of 14.61%, YoY growth of 921\u00a0Bps<\/li>\n<li>Net Profit of\u00a0\u20b93.82 Cr, YoY growth of 519.20%\u00a0<\/li>\n<li>Net Profit Margin of 9.06%, YoY growth of 692 Bps<\/li>\n<\/ul>\n<p><strong>FY24<\/strong><\/p>\n<ul>\n<li>Total Income of\u00a0\u20b983.59 Cr, YoY growth of 70%<\/li>\n<li>EBITDA of\u00a0\u20b911.97 Cr, YoY growth of 139.53%<\/li>\n<li>EBITDA Margin of 14.32%, YoY growth of 416 Bps<\/li>\n<li>Net Profit of\u00a0\u20b97.54 Cr, YoY growth of 175.64%<\/li>\n<li>Net Profit Margin of 9.03%, YoY growth of 346 Bps<\/li>\n<\/ul>\n<p><strong>FY24 Highlights:<\/strong><\/p>\n<p>\u2022 The company got listed on \u201cNSE EMERGE\u201d on April 9, 2024, marking a significant achievement.<\/p>\n<p>\u2022 The company\u2019s long-term borrowing has indeed decreased from \u20b91.05 Cr to \u20b90.66 Cr in FY24. This reduction in debt is a positive sign for the company\u2019s financial health as it indicates improved liquidity and reduced financial risk.\u00a0<\/p>\n<p>Commenting on performance, Mr Murli Manohar Kabra, Managing Director of Aluwind Architectural Limited said, \u201cWe are thrilled to announce that company has achieved exceptional results for FY24.This significant achievement underscores our dedication to excellence and strategic vision in the facade and fenestration industry.<\/p>\n<p>Our impressive financial performance reflects the effectiveness of our growth strategies and the strong demand for our innovative architectural solutions. The IPO proceeds will be pivotal in supporting our working capital requirements, enabling us to meet increasing market demand with preparedness and agility.<\/p>\n<p>Looking ahead, we are committed to leveraging these funds to strengthen our market position further, expand our product range, and drive innovation. Our focus remains on delivering unparalleled value and fostering sustainable long-term success.\u201d\u00a0<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], June 10: Aluwind Architectural Limited,\u00a0(NSE \u2013\u00a0ALUWIND), a reputed player in the facade and fenestration industry, has\u00a0announced its\u00a0Audited Financial Results for the\u00a0H2\u00a0and FY24. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41300,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[232],"class_list":["post-41299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/posts\/41299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/comments?post=41299"}],"version-history":[{"count":0,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/posts\/41299\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/media\/41300"}],"wp:attachment":[{"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/media?parent=41299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/categories?post=41299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/tags?post=41299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}