Shyam Metalics and Energy Limited reported its Q3 FY25 earnings, showcasing strong revenue growth and a significant rise in net profit. The company posted a 13.2% year-on-year (YoY) increase in revenue, reaching ₹3,752.51 crore in Q3 FY25, compared to ₹3,315.29 crore in the same quarter last year. On a sequential basis, revenue rose 3.3% from ₹3,634.02 crore in Q2 FY25.
The net profit surged 56.8% YoY to ₹197.31 crore in Q3 FY25, up from ₹125.80 crore in Q3 FY24. However, on a quarter-on-quarter (QoQ) basis, net profit declined by 8.5%, compared to ₹215.68 crore in Q2 FY25.
For the nine-month period ended December 2024, the company reported total revenue of ₹10,998.14 crore, reflecting an increase of 14.7% YoY from ₹9,589.02 crore in the same period last fiscal. Net profit for 9M FY25 stood at ₹689.11 crore, up 11.6% YoY from ₹809.66 crore in 9M FY24.
The strong revenue growth was supported by robust demand in the steel sector and an increase in operational efficiencies. However, the decline in net profit on a quarterly basis may reflect margin pressures and higher input costs.
Interim Dividend Announcement
Shyam Metalics also declared an interim dividend of ₹2.25 per share, representing 22.5% of the face value of ₹10 per share for FY25. The record date for the interim dividend has been set as February 7, 2025, with the payment expected to be completed within the stipulated timeline.
The company remains focused on expanding its production capacity and strengthening its position in the metal and mining industry. Investors and analysts will closely watch the company’s operational performance and margin trends in the coming quarters.
