Integrated office infrastructure and design company, EFC (I) Limited, posted 71.7 per cent growth in net profit on a consolidated basis at Rs 47.97 crore for the fourth quarter ended March 31, 2025, as against Rs 27.94 crore same period last year on the back of a strong demand for managed services and design and build services.
Revenue from operations on a consolidated basis increased by 126.4 per cent at Rs 211.01 crore during the quarter under review, as compared with Rs 93.2 crore last year.
EBITDA during the quarter under consideration increased by 108.9 per cent at Rs 109.31 crore as against Rs 52.31 crore last year.
For the year ended March 31, 2025, the company’s consolidated net profit increased by 122.4 per cent at Rs 140.77 crore as compared with Rs 63.3 crore in 2023-24. Consolidated revenue from operations grew by 56.6 per cent at Rs 656.74 crore as against Rs 419.46 crore last year.
Commenting on the results, Umesh Sahay, Founder & CEO, EFC (I) Limited, said, ““We are pleased to close FY25 with a strong set of results, which is a reflection of the strong underlying demand for our managed services and Design & Build services offerings. Moreover, our integrated business model positions us well for the future. The robust profitability also underscores the strength of our business model which will improve as we scale operations beyond the current level. The year gone by (FY25) was a year of significant milestones for the company. During the year, we closed the strategic acquisition of Bigbox Ventures, a managed workspace company in Pune. We also acquired properties in some of the prime locations as part of our long-term business strategies. We believe that our stellar growth in the design & build vertical bodes well for the company’s future strategic growth.”
There has been a good demand for co-working spaces from sectors such as IT& ITeS, BFSI, new-age start-ups, e-commerce, consulting and the global captive centres. With the recent capacity additions, the company is confident of catering to the growing demand. While the higher volumes will shore up its topline, the high-margin furniture and fit-out contracts business is expected to improve its profitability further moving forward.