Eimco Elecon India Limited has announced its unaudited financial results for the quarter ended December 31, 2024 (Q3 FY25). The company reported a decline in revenue and profitability compared to the previous quarter.
Key Financial Highlights (Q3 FY25):
- Revenue from Operations:
₹45.83 crore, compared to ₹66.62 crore in Q2 FY25, reflecting a quarter-on-quarter (QoQ) decline of 31.2%. However, it remained relatively stable compared to ₹48.26 crore in Q3 FY24. - Total Income:
₹48.61 crore, down from ₹72.74 crore in Q2 FY25 and ₹52.34 crore in Q3 FY24. - Net Profit (PAT):
₹6.19 crore, compared to ₹13.06 crore in Q2 FY25 and ₹7.54 crore in Q3 FY24, reflecting a YoY decline of 17.9%. - Expenses:
Total expenses increased to ₹40.26 crore, up from ₹35.53 crore in Q2 FY25 and ₹42.54 crore in Q3 FY24. - Profit Before Tax (PBT):
₹8.35 crore, down from ₹19.21 crore in Q2 FY25 but higher than ₹9.80 crore in Q3 FY24.
Year-to-Date (April-December FY25) Performance:
- Revenue from Operations:
₹182.18 crore, up from ₹143.19 crore during the same period last year, reflecting a YoY growth of 27.2%. - Net Profit:
₹34.02 crore, up from ₹25.57 crore in the corresponding period last year, showcasing significant growth.
Operational Insights:
- Cost of Materials Consumed:
Increased to ₹31.42 crore in Q3 FY25 from ₹26.29 crore in Q2 FY25. - Depreciation:
₹2.17 crore in Q3 FY25, up from ₹1.86 crore in the previous quarter.
Conclusion:
Eimco Elecon India witnessed a challenging quarter with a significant decline in revenue and profitability on a QoQ basis, while maintaining moderate growth on a YoY basis. The company continues to focus on operational efficiencies and cost management to navigate through the current market challenges.
