Rolex Rings sees profit climb 13% despite dip in revenue

Rolex Rings Limited announced resilient financial results for FY25, with profit after tax (PAT) increasing by 13% to INR 1,739.97 million, up from INR 1,560.38 million in the previous year. This growth was achieved despite a 5% marginal decrease in revenue from operations, which stood at INR 11,548.02 million compared to INR 12,217.55 million in FY24. The company’s EBITDA (excluding exceptional items) was INR 2,691 million, reflecting a healthy margin expansion of 1.51% to 22.74%.

The company’s strategic shift towards high-value automotive and precision engineering components, particularly for electric vehicles and renewable energy ecosystems, helped offset headwinds in traditional segments. This was supported by robust investments in technology, capacity, and green energy initiatives, including ambitious solar power projects aiming for 26 MW renewable energy capacity by FY26.

Rolex Rings maintained a debt-free balance sheet and strong liquidity, enabling confident investments in innovation and sustainability. The company's focus on operational efficiencies, automation, and sustainability initiatives contributed to reduced costs and improved margins. Export revenue dipped slightly by 5% to INR 5,540 million, while domestic revenue increased to INR 6,008 million.