EFC (I) Reports a 91.71% Surge in Net Profit for Q3 FY25

                NEW DELHI: EFC (I) has reported a growth of 
91.71 per cent in its net consolidated profit 
during the quarter ended December 31, 2024. 
Its profit after tax stood at Rs 40.47 crore in Q3 
FY25 as against Rs 21.11 crore it registered in 
the corresponding quarter of the previous 
fiscal, the company said in a BSE filing.
The company's net consolidated total income 
stood at Rs 181.50 crore in Q3 FY25, a growth 
of 4.50 per cent from Rs 173.68 crore it 
recorded in the similar quarter later year. 
In its rental segment, assets under 
management (AUM) exceeded 2.6 million sq ft 
across 70 sites, with a seating capacity over 
57,000 and an average occupancy rate of 90%. 
Rental 
revenue grew to Rs 96.34 crore, a 31% year-on-
year increase, with 5,650 seats added during 
the quarter. EBIT for the vertical increased by 
157% year-on-year.
The design and build vertical executed projects 
totalling over four lakh sq ft and the total 
project pipeline stands at Rs 92 crore, with Rs 
32 crore completed and Rs 60 crore in 
progress. 
Revenue increased by 51%, with a 27% growth 
in EBIT.
Its furniture division delivered Rs 13.33 crore in 
revenue from completed projects, with Rs 2.65 
crore in progress. Rs 8.57 crore worth of 
projects are slated for completion within 30 
days 
and Rs 14.35 crore within 30–60 days.
The company recently acquired 4,07,897 equity 
shares of MPF Systems (formerly known as 
Mather and Platt Fire Systems) through 
preferential allotment representing 15% paid-
up 
capital.
The stake has been acquired through the 
corporate insolvency resolution process (CIRP) 
as the resolution plan of EFC (I) was approved 
by the COC and NCLT.




Source : Economic Times