ACE Profit Jumps 26% in Q3 FY25, Revenue Gains 16.65%

Action Construction Equipment Ltd (ACE), a leading player in the construction and material handling equipment industry in India, has delivered a strong financial performance in the third quarter of FY25. The company’s consolidated profit after tax (PAT) was up 26% at ₹111.68 crore from ₹88.24 crore in the same period a year ago.

ACE’s revenue too showed strong growth, going up 16.65% YoY at ₹905.28 crore for Q3 FY24 from ₹776.08 crore. The demand for construction equipment surged due to the continuing development of infrastructure within India. But expenses also rose to ₹755.79 crore, from ₹661.78 crore in the year-earlier period.

On the performance, ACE’s Executive Director Sorab Agarwal noted that the recent Budget displayed the government’s robust focus on the Infrastructure sector. The government has kept capital expenditure (capex) spending at over 3% of GDP for the third consecutive year, giving a push to the construction and equipment manufacturing industries.

As India continues to push for big infrastructure projects, ACE will be primed to benefit from the growing demand for construction equipment. The company continues to play a major role in the development of the nation by providing quality machines that facilitate other sectors — roadways, metro projects, urban infrastructure, etc.