SML Isuzu Limited reported its Q3 FY25 financial performance, reflecting a significant contraction in profit and revenue compared to the previous year.
Key Highlights (YoY Changes):
- Total Income: ₹333.43 crore, down 13.9% YoY from ₹387.10 crore.
- Revenue from Operations: ₹331.80 crore, marking a 14% decline YoY from ₹386.13 crore.
- Profit After Tax (PAT): ₹0.53 crore, down 80.2% YoY from ₹2.68 crore.
- Expenses: ₹332.68 crore, a slight decrease of 13.4% YoY from ₹384.25 crore.
Nine-Month Financials:
- Total Income: ₹1,631.95 crore, reflecting a 7.4% YoY growth from ₹1,519.72 crore.
- Net Profit: ₹68.72 crore, up 23.8% YoY from ₹55.56 crore.
Analysis:
The steep decline in quarterly profit was primarily driven by a drop in revenue and higher cost pressure. However, the nine-month period showed stronger performance, supported by cost optimization strategies and operational improvements. The company’s ability to recover in the upcoming quarters will be critical given the volatility in the automotive sector.