{"id":4953,"date":"2024-11-13T10:11:11","date_gmt":"2024-11-13T04:41:11","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4953"},"modified":"2024-11-13T10:11:13","modified_gmt":"2024-11-13T04:41:13","slug":"epack-durables-q2-loss-widens-shares-drop-5-amid-rising-costs","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/epack-durables-q2-loss-widens-shares-drop-5-amid-rising-costs\/","title":{"rendered":"EPack Durable&#8217;s Q2 Loss Widens, Shares Drop 5% Amid Rising Costs"},"content":{"rendered":"\n<p>Shares of EPack Durable slid 5% on November 13 as the company reported a wider Q2 net loss of Rs 8.5 crore, up from Rs 6.1 crore in the previous year. By 9:30 AM, the stock was trading at Rs 462.50, despite having doubled in value year-to-date.<\/p>\n\n\n\n<p><strong>Key Financials:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue Growth<\/strong>: Revenue more than doubled to Rs 377 crore, driven by high demand, an extended summer season, and new customers.<\/li>\n\n\n\n<li><strong>Expenses<\/strong>: Total costs surged to Rs 392.8 crore, adding pressure to the bottom line.<\/li>\n\n\n\n<li><strong>Room Air Conditioners (RAC)<\/strong>: Contributed 70% of product revenue, with a 187% YoY growth.<\/li>\n\n\n\n<li><strong>EBITDA<\/strong>: Operating EBITDA grew by 25% YoY to Rs 9.6 crore, though margins contracted to 2.55%.<\/li>\n<\/ul>\n\n\n\n<p><strong>Half-Year Highlights:<\/strong><\/p>\n\n\n\n<p>For H1FY25, EPack\u2019s revenue grew 87% to Rs 1,150.8 crore, driven by increased utilization at its new plants in Sricity and Bhiwadi, meeting growing demand more efficiently. H1FY25 net profit rose significantly by 452% to Rs 14.9 crore.<\/p>\n\n\n\n<p>Managing Director Ajay DD Singhania highlighted that EPack\u2019s expansion in the Room Air Conditioners and Small Home Appliances segments, combined with in-house production capabilities, helps reduce costs and improve quality.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at&nbsp;<a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/epack-durable-shares-slide-5-as-q2-net-loss-widens-on-year-12865220.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/epack-durable-shares-slide-5-as-q2-net-loss-widens-on-year-12865220.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of EPack Durable slid 5% on November 13 as the company reported a wider Q2 net loss of Rs 8.5 crore, up from Rs 6.1 crore in the previous year. By 9:30 AM, the stock was trading at Rs 462.50, despite having doubled in value year-to-date. Key Financials: Half-Year Highlights: For H1FY25, EPack\u2019s revenue [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[665],"class_list":["post-4953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-epack-durable-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4953"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4953\/revisions"}],"predecessor-version":[{"id":4955,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4953\/revisions\/4955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4954"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}