Mumbai 25th May 2024 – Focus Lighting & Fixtures Limited. (NSE – FOCUS), engaged in manufacturing & innovative lighting solutions of LED lights and fixtures, announced its Audited Financial Results for Q4 & FY24.
Other Key Highlights:
Operating Cash Flow stood at ₹ 6 Cr
Segment-wise Revenue Breakdown:
Retail Lighting: ₹ 137.56 Cr
Home Lighting: ₹ 70.03 Cr
Infrastructure: ₹ 15.28 Cr
Railways: ₹ 0.93 Cr
Geographical Revenue Distribution:
India: ₹ 138.04 Cr
UAE: ₹ 57.97 Cr
Singapore: ₹ 34.02 Cr
Commenting on the performance, Mr. Amit Sheth, Managing Director of Focus Lighting & Fixtures said, ” We are delighted to announce our robust financial performance in FY24. We’ve seen a substantial increase in our net profit and a significant rise in EBITDA, coupled with improved margins, which underscore the effectiveness of our strategic initiatives.
The growing market demand for our innovative LED lighting solutions has been a key driver behind these achievements. Moreover, our Operating Cash flow turning positive demonstrates a significant improvement in our operational efficiencies.
As we look ahead, I am excited about the opportunities that lie on the horizon. With plans for global expansion and a continued focus on innovation, I am confident that Focus Lighting & Fixtures will continue to thrive and create value. We are excited to continue leading Focus on its path to even greater success.”
