Fiem Industries Ltd, originally incorporated as Rahul Auto Private Limited on February 6, 1989 in New Delhi by founder Mr. J.K. Jain, is engaged in the manufacturing and supply of auto components, primarily automotive lighting systems.
Financial Highlights:
- Revenues increased 16.83% year-on-year to ₹715 crore from ₹612 crore.
- Total expenses rose 15.88% to ₹635 crore from ₹548 crore.
- Consolidated net profit grew 28.0% to ₹64 crore from ₹50 crore.
- Earnings per share improved 26.92% to ₹24.19 from ₹19.06.
Healthy top-line growth, operating leverage, and a richer product mix in automotive lighting drove margins higher, resulting in profits growing faster than revenues.
Outlook:
Fiem Industries Ltd is focusing on premium lighting solutions, new model wins with OEMs, and capacity utilisation to sustain growth and profitability in the coming quarters.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
