Action Construction Equipment Ltd. (ACE) has reported improved results for the quarter, according to Nirmal Bang Retail Research. The company’s Revenue from Operations came in at Rs. 835.8 Cr, showing a significant increase of 11% QoQ and 36.2% YoY. The EBIDTA also saw a positive growth, coming in at Rs. 129.7 Cr, up by 26.2% QoQ and 76.9% YoY. The EBITDA Margin stood at 15.5%, showing a steady improvement compared to the previous quarters.
The Adjusted Profit After Tax (PAT) for ACE came in at Rs. 98.4 Cr, a substantial increase from the previous quarters. The Quarter EPS for the company is Rs. 8.3, and the stock is currently trading at a P/E of 34.5x FY26E EPS.
In comparison, other companies like Fiem Industries Ltd., JK Tyre & Industries Ltd., Ramco Systems Ltd., Mayur Uniquoters Ltd., Godawari Power And Ispat Ltd., Azad Engineering Ltd., Ircon International Ltd., Hindustan Foods Ltd., and Gulshan Polyols Ltd. also reported their quarterly results. While some companies showed improvement in their results, others continued to face challenges.
Investors and analysts will be closely monitoring these companies as they navigate through the current economic landscape and strive for growth and profitability.
