Captain Technocast Limited Reports Robust FY25 Financial Performance
Captain Technocast Limited (CTCL), a leader in precision industrial castings, announced a 47% revenue growth in FY25, fueled by strong export demand and expansions in the valves sector. The company reduced long-term debt and improved working capital, signaling financial robustness and strategic growth focus.
- Country:
- India
PNN Rajkot - Captain Technocast Limited (CTCL), a prominent player in the precision industrial castings industry, unveiled its audited financial results for the second half of FY25, showcasing a substantial 47% year-over-year revenue increase.
This performance was bolstered by a healthy demand for castings and significant strides in the valves sector. Export sales represented 40.6% of standalone revenue at Rs33.10 crore, while domestic sales comprised 59.4%, totaling Rs48.47 crore. A notable financial highlight is the 53% reduction in long-term borrowings to Rs0.63 crore and a 46.5% decrease in short-term borrowings to Rs3.84 crore, reflecting improved debt management and working capital efficiency.
Managing Director Mr. Anil V. Bhalu expressed satisfaction with the company's steady progress and strategic evolution, emphasizing the importance of quality, operational efficiency, and customer-centric innovation. As global trade dynamics shift, CTCL is set to capitalize on emerging opportunities, particularly in the valves segment, aided by India's burgeoning manufacturing landscape.
(With inputs from agencies.)
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