Hind Rectifiers Limited posted a remarkable financial performance for the quarter ended December 31, 2024 (Q3 FY25), with its net profit surging over 559% year-on-year (YoY) to Rs 10 crore, compared to Rs 1.52 crore in the corresponding quarter of the previous year.
Key Financial Highlights for Q3 FY25 (Consolidated):
- Total income: Rs 169.44 crore, up 24% YoY from Rs 136.71 crore in Q3 FY24.
- Revenue from operations: Rs 168.94 crore, compared to Rs 136.62 crore in the same period last year.
- Profit before tax: Rs 13.45 crore, a significant increase from Rs 1.32 crore YoY.
- Expenses: Increased to Rs 155.99 crore, compared to Rs 128.39 crore YoY, reflecting higher costs of materials consumed and other operational expenses.
- Net profit: Rs 10 crore, a substantial growth from Rs 1.52 crore YoY, reflecting strong operational efficiency and growth in top-line performance.
Sequential comparison (Q3 FY25 vs. Q2 FY25):
- Total income increased marginally from Rs 165.97 crore in Q2 FY25.
- Net profit stood at Rs 10 crore, slightly lower than Rs 10.18 crore in the previous quarter, reflecting stable quarterly performance.
Hind Rectifiers’ strong earnings growth is attributed to higher demand across key segments and better cost management. The company continues to benefit from its focus on expanding product lines and operational efficiency, positioning itself for sustained growth in the coming quarters.
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Hind Rectifiers