Intan Baru Prana Reports Significant Revenue Growth in Q3 2025

Strong Financial Performance

PT Intan Baru Prana Tbk (IBFN), a heavy equipment rental company, has reported a remarkable revenue increase of 807% in the third quarter of 2025. The company generated Rp 143.79 billion in revenue, up from Rp 15.85 billion in Q3 2024. This substantial growth was driven by several key factors including operational consistency, improved fleet productivity, enhanced operational efficiency, and careful project selection.

Strategic Initiatives

According to Petrus Halim, CEO of Intan Baru Prana, the company's strategic initiatives have been instrumental in achieving this significant growth. The management's focus on operational excellence and selective project execution has resulted in a more robust financial performance. Halim emphasized that these measures are expected to support the company's performance throughout 2025, ensuring a solid and sustainable growth trajectory.

Market Implications

The impressive Q3 performance positions Intan Baru Prana favorably in the heavy equipment rental market. The company's ability to navigate market challenges through strategic operational management demonstrates its resilience and competitive edge. As the construction and mining sectors continue to evolve, Intan Baru Prana's commitment to operational efficiency and strategic growth initiatives is likely to drive further success.