Action Construction Equipment (ACE): Strong Q3 Performance and Ambitious Growth Roadmap

With Record Profits, Robust Revenue Targets, and Expansion Plans, Can ACE Maintain Its Momentum?

I’d discussed Action Construction Equipment (ACE) here in November 2024. In this post, I review its results and future outlook. The company has delivered quite well in Q3, as you’ll read below

Key Points to Know

Strong Financial Momentum:

ACE has demonstrated robust growth in Q3 FY25 (quarter ending December 31, 2024), with a 17% year-over-year (YoY) revenue increase to ₹875 crore, a 31% rise in EBITDA to ₹165 crore, and a 26.6% jump in PAT to ₹111.68 crore—the first time it crossed ₹100 crore in a single quarter.