Mumbai, June 2 -- Revenue growth was driven by accelerated execution across ongoing smart metering projects.

Profit before tax (PBT) stood at Rs 174 crore in Q4 FY25, up 293% year-on-year, and up 82% quarter-on-quarter. EBITDA jumped 276% YoY to Rs 208 crore in Q4FY25. EBITDA margin improved 905 basis points y-o-y to 22.3% in Q4FY25.

The company's net profit surged 89.62% while net sales rose 55.04% in Q4 March 2025 over Q3 December 2024.

For the full year FY25, revenue from operations rose 103% to Rs 2442 crore, while net profit rose 297% to Rs 298 crore. EBITDA jumped 247% YoY to Rs 470 crore while PBT rose 289% to Rs 399 crore compared to FY24. EBITDA margin improved by 797 basis points y-o-y to 19.2% in FY25.

Total order book, as ...