Latteys Industries Limited — Earnings Release 2025

Nov 27, 2024

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LATTEYS INDUSTRIES LIMITED (CIN No.: L29120GJ2013PLG074281) Plot No. 16, Phase 1/2, GIDC Estate, Naroda, Ahmedabad - 382330, Gujarat, India

Dated: 27.11.2024

To,

The Manager, Listing Department National Stock Exchange of India Ltd. Exchange Plaza, Plot No. C/1, G-Block, Bandra-Kurla Complex, Bandra (East) Mumbai-400051, Maharshtra, India

Scrip Name : LATTEYS

Sub. : Press Release Pertaining to the Unaudited Financial Result (Standalone & Consolidated) for Quarter2 of Financial Year 2024-25.

Dear Sir/Mam

With reference to the captioned subject, please find enclosed Press Release of Latteys Industries Limited pertaining to the Unaudited Financial Results (Standalone and Consolidated) for Quarter 2 of Financial Year 2024-25.

This is for your kind information and record.

Thanking You Yours Faithfully For, Latteys Industries Limited

Sonika Jain Sonika Jain

Digitally signed by Sonika Jain DN: c=IN, o=null, ou=null, postalCode=382330, l=Ahmedabad, st=Gujarat, street=ia- 382330opp shriji Bunglows, title=6425, 2.5.4.20=27d7d01e3a01ba22d9237b3226cf43be 90942c8b56c0ba55f539302756abe62e, serialNumber=aa95a94fe608fe4feb0429505bd63 2ee2e8b09a2499618bdfea1c8679cf9bc26, email=soni.16jain@gmail.com, cn=Sonika Jain Date: 2024.11.27 09:46:29 +05'30'

Company Secretary & Compliance Officer

Encl : a/a

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Press Release

Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

Ahmedabad – Latteys Industries Limited, a NSE-listed leader in energy-efficient Solar Submersible Pumps, has announced remarkable financial results for the Quarter and Half Year Ending September 2024 according to IndAS.

1. The company's revenue surged from ₹1,575 lakhs to ₹1,873.46 lakhs , marking an 18.90% increase compared to the same period last year.

2. Net profit witnessed an impressive growth of 176.38%, rising from ₹25.37 lakhs to ₹70.12 lakhs . Sequentially , net profit grew by 86.20% compared to the previous quarter.

3. Additionally, the company’s earnings per share (EPS) saw a threefold increase, jumping 200% from ₹0.04 to ₹0.12.

Other Updates : Latteys Industries continues to expand its presence in the Solar Submersible Pump segment and is currently empanelled for installations in Madhya Pradesh, Maharashtra, Gujarat, Rajasthan, Jharkhand and Uttar Pradesh . With additional orders on the horizon, the company is well-positioned to contribute significantly to India’s green energy initiatives. Efforts are underway to further expand operations into unrepresented regions, strengthening the company’s market footprint.

Commenting on the company’s performance, Mr. Pawan Garg , Promoter of Latteys Industries Limited, said: "We are delighted with the company’s performance and deeply value the trust our clients place in us. Our commitment to delivering high-quality, a sustainable solution remains unwavering, and we are confident in our ability to achieve even better results year after year."

Latteys Industries’ strong focus on sustainability and energy efficiency aligns with its mission to cater to growing demands across agriculture, industry, and domestic markets.

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About Latteys Industries Limited

Founded in 2004, Latteys Industries Limited is a leading manufacturer of advanced pumping solutions catering to Agricultural, Industrial, Domestic, and Horticultural needs. With a robust portfolio of over 700 models—including Submersible, Self-Priming, Centrifugal Monoblock, Shallow-Well, and Horizontal Openwell Submersible Pumpsets—the company operates a stateof-the-art manufacturing facility in GIDC Naroda, Gujarat. Company now having operating its business through Seven Branches i.e., Kanpur, Patna, Delhi, Ranchi, Jaipur and Indore across PAN India.

The facility boasts an annual production capacity of approximately 1,80,000 Pumps, making Latteys Industries a trusted name in the pumping solutions industry.

Safe Harbor

Certain statements in this release concerning our future growth prospects may be seen as forward looking statements, which involve a number of risks and uncertainties that could cause the actuals to differ materially from such statements. It is not possible to undertake to update any such statement that may have been made from time to time.

Contact

Contact
Investor Relations	Media Contact
Sonika Jaincs@latteysindustries.com	Dinesh Singhgarimarpoetry@gmail.com