{"id":27272,"date":"2024-05-25T10:06:53","date_gmt":"2024-05-25T04:36:53","guid":{"rendered":"https:\/\/marudharchronicle.com\/index.php\/2024\/05\/25\/uravi-t-and-wedge-lamps-announces-growth-revenue-up-by-50percent-ebitda-soars-196-percent-in-q4-fy24\/"},"modified":"2024-05-25T10:06:53","modified_gmt":"2024-05-25T04:36:53","slug":"uravi-t-and-wedge-lamps-announces-growth-revenue-up-by-50percent-ebitda-soars-196-percent-in-q4-fy24","status":"publish","type":"post","link":"https:\/\/marudharchronicle.com\/index.php\/2024\/05\/25\/uravi-t-and-wedge-lamps-announces-growth-revenue-up-by-50percent-ebitda-soars-196-percent-in-q4-fy24\/","title":{"rendered":"Uravi T and Wedge Lamps Announces Growth Revenue Up by 50Percent, EBITDA Soars 196 Percent in Q4 FY24"},"content":{"rendered":"<div>\n<div>\n<p><strong>Mumbai (Maharashtra) [India], May 25:<\/strong> Uravi T &amp; Wedge Lamps Limited (NSE Code: URAVI,\u00a0BSE Code: 543930),\u00a0one of the leading manufacturers and supplier of incandescent and wedge -based automotive lamps, has announced its\u00a0Audited Financial result for Q4 FY24 and FY24.<\/p>\n<p><strong>Key\u00a0Financial\u00a0Highlights\u00a0<\/strong><\/p>\n<p><strong>Q4 FY24<\/strong><\/p>\n<p>-Total Income of\u00a0\u20b9\u00a011.34 Cr, YoY growth of 50.10%<\/p>\n<p>\u2013 EBITDA of\u00a0\u20b9\u00a01.93 Cr, YoY growth of 195.65%<\/p>\n<p>\u2013 EBITDA Margin of 17.01%, YoY growth of 837 Bps<\/p>\n<p>\u2013 PAT of\u00a0\u20b9\u00a00.55 Cr, YoY change Loss to profit<\/p>\n<p>\u2013 PAT (%) of 4.88%, YoY change Loss to profit<\/p>\n<p>\u2013 EPS of\u00a0\u20b9\u00a00.5, YoY change Loss to profit<\/p>\n<p><strong>FY24<\/strong><\/p>\n<p>-Total Income of\u00a0\u20b9\u00a042.68 Cr, YoY growth of 23.29%<\/p>\n<p>\u2013 EBITDA of\u00a0\u20b9\u00a07.11\u00a0Cr, YoY growth of 28.65%<\/p>\n<p>\u2013 EBITDA Margin of 16.65%, YoY growth of 69 Bps<\/p>\n<p>\u2013 PAT of\u00a0\u20b9\u00a02.13 Cr, YoY growth of 145.83%<\/p>\n<p>\u00a0\u2013 PAT (%) of 5.00%, YoY growth of 249 Bps<\/p>\n<p>\u00a0\u2013 EPS of\u00a0\u20b9\u00a01.94, YoY growth of 145.57%<\/p>\n<p>Commenting on the performance, Mr. Niraj Gada, Managing Director and CEO said, \u201cWe are extremely happy to report ~ 150% growth in FY24. We are confident that the growth momentum will continue in the future with our strategies to expand our product portfolio to include two-wheeler electric vehicles (2W EVs) and by exploring international collaborations in LED manufacturing. Our focus on innovation and high-quality deliverables in both domestic and international markets will propel us to new milestones.\u201d<\/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<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], May 25: Uravi T &amp; Wedge Lamps Limited (NSE Code: URAVI,\u00a0BSE Code: 543930),\u00a0one of the leading manufacturers and supplier of incandescent and&hellip; <\/p>\n","protected":false},"author":1,"featured_media":27273,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[656],"class_list":["post-27272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/27272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/comments?post=27272"}],"version-history":[{"count":0,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/27272\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/media\/27273"}],"wp:attachment":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/media?parent=27272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/categories?post=27272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/tags?post=27272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}