Ghaziabad-based water and sewerage infrastructure company EMS on Tuesday announced its results for the quarter ended September 30, 2024. The company reported a 9.5% increase in its net profit for the second quarter , reaching ₹49.7 crore, up from ₹37.1 crore during the second quarter. same period last year.

The company’s revenue grew 11% YoY, totaling ₹233.5 crore, compared to ₹210.5 crore in Q2FY23. EBITDA saw a sharp rise of 20, 2%, standing at ₹68.6 crore, compared to ₹57 crore last year.

EBITDA margin increased to 29.4% from 27.1% a year ago, reflecting improved operational efficiency.

EMS shares fell 1.3% to end the session priced at ₹762.00 Tuesday. The company, which has a market capitalization of ₹4,488 crore, has seen its shares rise 220% in the past year.

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