Infra.Market Revenue Soars 23% to Rs 14,530 Crore in FY24, PAT Up 144%

Mumbai / October 29, 2024: Infra.Market reported impressive financial results for FY24. Revenue from operations surged by 23%, reaching Rs 14,530 Crores, compared to Rs 11,847 Crores in the previous fiscal year. Profitability also saw a significant boost. EBITDA climbed 40% year-on-year to Rs 1,096 Crores, with EBITDA Margins improving from 6.6% to 7.5%, the company said in a statement.  

Profit After Tax (PAT) witnessed a staggering 144% increase, reaching Rs 378 Crores in FY24 compared to Rs 155 Crores in FY23. PAT Margins also doubled, growing from 1.3% to 2.6%. These figures indicate strong growth and improved financial health for Infra.Market, the statement added.

Infra.Market is doubling down on both manufacturing and brand development. They’re investing in cutting-edge technology for their own production facilities, while also maintaining a network of both owned and managed units across various construction material categories. This strategy strengthens their control over quality and potentially reduces reliance on external suppliers. 

Additionally, Infra.Market is focusing on building a strong brand presence through “private labels” in key areas like Concrete, Walling Solutions, Paints, Electricals, Wood, and Tiles. They’re also expanding beyond their core B2B focus by enhancing their retail presence and supporting existing construction material outlets. This move allows them to reach a wider customer base and further solidify their position in the construction materials market, the statement said.