Hardwyn India Ltd., (BSE: 541276, NSE: HARDWYN), a leader in architectural hardware and glass fittings, is on a growth path. Recently the board approved the issue of Bonus equity shares in the ratio of 02:05 i.e. 02(Two) equity shares for every 05 (Five) existing equity shares held by the members of the Company as on record date, subject to necessary approvals as may be required, which the company will obtain during its forthcoming AGM.
Earlier, in its board meeting held on November 14, 2024, has announced robust earnings for the quarter and half year ended 30September 2024.
For quarter ended 30 September 2024, revenue from operations grew by 61.73% from Rs. 3193.52 Lakhs in Q2FY24 to Rs. 5164.74 Lakhs in Q2FY25. EBITDA increased by 168.50% from Rs. 235.01 Lakhs in Q2FY24 to Rs. 631.01 Lakhs in Q2FY25. EBITDA margins increased from 7.34% in Q2FY24 to 12.20% in Q2FY25 by 486 bps. PAT increased by 172.54% from Rs. 148.24 Lakhs in Q2FY24 to Rs. 404.01 Lakhs in Q2FY25.