Key insights and market outlook
PT Garuda Metalindo Tbk (BOLT) reported a 63.09% year-on-year increase in net profit to Rp107.75 billion in Q3 2025, driven by 13.55% growth in net sales to Rp1.25 trillion. The company's EBITDA rose 42.5% YoY to Rp206 billion with a margin of 16.4%, up from 13.1% in 9M24. Key growth drivers included a 192.8% YoY surge in automotive spare parts revenue to Rp254 billion, primarily from the acquisition of PT Garuda Metal Utama (GMU) and new customer additions.
PT Garuda Metalindo Tbk (BOLT) has reported impressive financial results for the period ending September 2025. The company achieved a net profit of Rp107.75 billion attributable to the parent entity, representing a 63.09% year-on-year increase compared to Rp66.07 billion in the same period last year.
The strong financial performance was underpinned by a 13.55% YoY growth in net sales, which reached Rp1.25 trillion during the nine-month period. EBITDA showed particularly robust growth, rising 42.5% YoY from Rp145 billion to Rp206 billion. Consequently, the EBITDA margin improved significantly to 16.4% from 13.1% in the same period last year.
The company's automotive spare parts segment recorded exceptional growth, with revenue surging 192.8% YoY to Rp254 billion. This substantial increase was primarily driven by the consolidation of PT Garuda Metal Utama (GMU), an automotive component manufacturer acquired in mid-2025. Additionally, the company benefited from new customer acquisitions and increased volume from existing clients. Other notable growth areas included the motorcycle spare parts segment, which grew 5.9% YoY, and other industrial segments, which expanded by 32.9% YoY.
BOLT's President Director, Ervin Wijaya, attributed the strong performance to the successful diversification of business into non-automotive sectors and the integration of GMU. The company's strategic expansion into new markets and customer segments has positioned it well for continued growth.
Q3 2025 Earnings Report
Acquisition of PT Garuda Metal Utama