ACE Posts Highest-Ever Sales and Profits – Total Income up by 14.6% YoY with Expanded Margins - The Times of Bengal
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2 Articles
ACE Posts Highest-ever Sales and Profits – Total Income up by 14.6% YoY with Expanded Margins - The Times of Bengal
Action Construction Equipment Limited (ACE), India’s leading material handling and construction equipment manufacturer and market leader in the Mobile Cranes & Tower Cranes segment, has reported over 20 per cent growth in consolidated net profit to Rs. 118.56 crores in the Q4 FY25 compared to Rs 98.45 crores in Q4 FY24. Mr. Sorab Agarwal, Executive Director, ACE The company reported a 15% increase in revenue from operations, which rose to Rs. 9…
India’s ACE notches up best year ever - Global Construction Review
With India’s economy growing rapidly, Indian machinery maker Action Construction Equipment (ACE) has posted its best ever yearly results with total income up by 14.6% year-on-year and profits at 11.9%. On a full-year revenues of approximately $400.5m (34.2 billion rupees), its earnings before interest, taxes, depreciation and amortisation (EBIDTA) grew 26.2% to approximately $71m (6.06 billion rupees), while profit after tax grew 24.7% to $47.9…
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