ACE Reports Record Annual Revenue and Profits in FY25

28 May 2025 CW Team

Consolidated EBITDA rose by 26.2 per cent year-on-year to Rs 6.06 billion, with margins expanding 162 basis points to 17.68 per cent. Profit After Tax (PAT) grew 24.7 per cent to Rs 4.09 billion, with margins improving to 11.94 per cent. The company attributed this performance to operating leverage, a favourable product mix, and stringent cost control.

The cranes, material handling, and construction equipment business reported revenue growth of 15.7 per cent year-on-year, with volumes rising 14.75 per cent. Segmental profits surged by 35.36 per cent to Rs 5.64 billion, with margins expanding to 18.26 per cent.

On a standalone basis, ACE recorded revenue of Rs 34.2 billion, marking a 14.47 per cent increase year-on-year. Standalone EBITDA rose 25 per cent to Rs 5.99 billion, while PAT grew over 23 per cent to Rs 4.04 billion. Margins improved across all levels, with standalone PAT margins reaching 11.8 per cent.

ACE also reported its largest-ever defence contract—a Rs 4.2 billion order from the Indian Armed Forces for 1,121 Rough Terrain Forklift Trucks and accessories. The company stated that this landmark order underlines its commitment to "AtmaNirbhar Bharat" and aligns with national objectives to modernise defence logistics.

Commenting on the macroeconomic backdrop, Executive Director Sorab Agarwal highlighted India’s resilience as the world’s fastest-growing major economy. He noted strong domestic demand, supportive RBI policies, and sustained government capex as key growth drivers, while acknowledging risks from global trade and geopolitical tensions.

ACE reaffirmed its market leadership in the crane segment and signalled ongoing product innovation to strengthen its position as a leading player in India’s infrastructure buildout.

Action Construction Equipment (ACE), India’s leading construction and material handling equipment manufacturer, reported its highest-ever revenue and profits for FY25, both on a yearly and quarterly basis. Total consolidated income grew by 14.6 per cent year-on-year, driven by volume growth and strong operational execution.Consolidated EBITDA rose by 26.2 per cent year-on-year to Rs 6.06 billion, with margins expanding 162 basis points to 17.68 per cent. Profit After Tax (PAT) grew 24.7 per cent to Rs 4.09 billion, with margins improving to 11.94 per cent. The company attributed this performance to operating leverage, a favourable product mix, and stringent cost control.The cranes, material handling, and construction equipment business reported revenue growth of 15.7 per cent year-on-year, with volumes rising 14.75 per cent. Segmental profits surged by 35.36 per cent to Rs 5.64 billion, with margins expanding to 18.26 per cent.On a standalone basis, ACE recorded revenue of Rs 34.2 billion, marking a 14.47 per cent increase year-on-year. Standalone EBITDA rose 25 per cent to Rs 5.99 billion, while PAT grew over 23 per cent to Rs 4.04 billion. Margins improved across all levels, with standalone PAT margins reaching 11.8 per cent.ACE also reported its largest-ever defence contract—a Rs 4.2 billion order from the Indian Armed Forces for 1,121 Rough Terrain Forklift Trucks and accessories. The company stated that this landmark order underlines its commitment to AtmaNirbhar Bharat and aligns with national objectives to modernise defence logistics.Commenting on the macroeconomic backdrop, Executive Director Sorab Agarwal highlighted India’s resilience as the world’s fastest-growing major economy. He noted strong domestic demand, supportive RBI policies, and sustained government capex as key growth drivers, while acknowledging risks from global trade and geopolitical tensions.ACE reaffirmed its market leadership in the crane segment and signalled ongoing product innovation to strengthen its position as a leading player in India’s infrastructure buildout.

Technology

02 Apr 2026

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Real Estate

02 Apr 2026

Neoterra Developments breaks ground on ELMORA at Jumeirah Garden City

Neoterra Developments has officially commenced construction of its upscale residential tower, ELMORA, at Jumeirah Garden City following a groundbreaking ceremony held in Dubai. The developer confirmed that the project is scheduled for completion in February 2028 and also announced its next residential development in Dubai Production City, which is expected to be launched in Q2 2026.ELMORA, valued at approximately AED 130 million in gross development value (GDV), is being developed in collaboration with GRID, which has been appointed as the project’s Development Lifecycle Management (DLM) par..

Real Estate

02 Apr 2026

Bent Collective Unveils Sculptural Papillon Sofa

Bent Collective has introduced the Papillon Sofa, a sculptural seating piece that combines artistic design with everyday comfort. Defined by a fluid silhouette, the sofa features a gently curved backrest, asymmetrical form, rounded seating, a single rolled arm and sleek legs, creating a soft yet expressive presence for contemporary interiors. Upholstered in a soothing blue tone, the Papillon Sofa is designed to bring a sense of calm, movement and visual lightness to living spaces. Its organic form moves away from rigid lines, reflecting the brand’s focus on furniture that is both i..