Swaraj Engines Limited has announced its financial results for the quarter ended December 31, 2024, showcasing a sequential decline in revenue and profit amidst a challenging market environment.
Key Financial Highlights:
- Revenue from Operations: ₹345.50 crore
- QoQ: Declined by 25.6% (from ₹464.24 crore in Q2 FY25)
- YoY: Increased by 23.6% (from ₹279.55 crore in Q3 FY24)
- Total Income: ₹349.16 crore
- QoQ: Decreased by 25.4% (from ₹467.96 crore in Q2 FY25)
- YoY: Increased by 23.4% (from ₹282.93 crore in Q3 FY24)
- Profit Before Tax (PBT): ₹42.82 crore
- QoQ: Declined by 29.8% (from ₹60.98 crore in Q2 FY25)
- YoY: Increased by 33.3% (from ₹32.13 crore in Q3 FY24)
- Net Profit: ₹31.95 crore
- QoQ: Decreased by 29.7% (from ₹45.42 crore in Q2 FY25)
- YoY: Increased by 32.6% (from ₹24.10 crore in Q3 FY24)
- Total Expenses: ₹306.34 crore
- QoQ: Decreased by 24.7% (from ₹406.98 crore in Q2 FY25)
- YoY: Increased by 22.1% (from ₹250.80 crore in Q3 FY24)
Expense Breakdown:
- Cost of Materials Consumed: ₹279.81 crore
- QoQ: Declined by 23.3% (from ₹364.84 crore in Q2 FY25)
- YoY: Increased by 25.7% (from ₹222.68 crore in Q3 FY24)
- Employee Benefits Expense: ₹11.59 crore
- QoQ: Decreased by 8.9% (from ₹12.72 crore in Q2 FY25)
- YoY: Increased by 5.6% (from ₹10.17 crore in Q3 FY24)
- Other Expenses: ₹17.50 crore
- QoQ: Decreased by 21.2% (from ₹22.22 crore in Q2 FY25)
- YoY: Increased by 15.1% (from ₹15.21 crore in Q3 FY24)
Nine-Month Performance:
- Revenue from Operations: ₹1,227.73 crore
- YoY: Increased by 14.9% (from ₹1,068.28 crore in the same period last year)
- Net Profit: ₹120.56 crore
- YoY: Increased by 17.4% (from ₹102.69 crore in the same period last year)
Commentary:
The company’s Q3 performance reflects a decline in revenue on a sequential basis, attributed to muted demand in key segments. However, the year-on-year growth in revenue and profit indicates underlying resilience in operations.
Disclaimer: The above information is for informational purposes only and should not be considered financial or investment advice.
