AGARWAL INDUSTRIAL CORPORATION LIMITED has reported strong financial results for Q2 FY25, highlighting a 47.27% increase in bitumen volume to 65,338.77 metric tons compared to the previous year.

Revenue grew by 40.42% to Rs 325.66 crore, while EBITDA rose 29.04% to Rs 37.01 crore, and net income increased by 15.18% to Rs 18.44 crore.

The company remains committed to its role in the Indian infrastructure sector, bolstered by a recent 3% increase in the Union Budget allocation for infrastructure.

With a market share of 20-30% in the private sector bitumen market, AGARWAL is well-positioned for sustained growth, particularly with ongoing demand for road materials.

Future initiatives include expanding operations in northern India and developing a new storage terminal at the Mangalore port with an investment of Rs 40 crore, further enhancing its supply chain capabilities.

Overall, the outlook appears positive for AGARWAL as it capitalizes on rising infrastructure needs.