Shares of Websol Energy System slipped by 5% today, trading at ₹1,499.55, following the company’s Q3 FY25 earnings report. Despite posting strong revenue and profit growth, the stock witnessed selling pressure as investors evaluated rising interest expenses and overall market conditions.
Financial Performance:
For the quarter ending December 2024, Websol Energy delivered impressive growth in key metrics:
- Net sales: ₹290.86 crore, a remarkable YoY increase of 35,808.64%.
- Profit after tax (PAT): ₹83.54 crore for the half-year, up 99.09% YoY.
The company exceeded its previous twelve-month performance, which reported sales of ₹137.28 crore and a PAT of ₹11.07 crore.
Operational Highlights:
Websol achieved its highest-ever operating profit to interest ratio at 13.34 times, reflecting robust operational efficiency. However, the company experienced a notable increase in interest expenses:
- Interest expense for nine months: ₹15.49 crore, up 173.67% YoY due to increased borrowings.
Stock Details:
- Previous Close: ₹1,578.45
- Market Cap: ₹63.29 billion
- Day Range: ₹1,499.55 – ₹1,499.55
- 52-Week Range: ₹320.20 – ₹1,865.00
The company’s growth trajectory in renewable energy remains promising, but rising interest costs could weigh on margins in the upcoming quarters.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research or consult a financial advisor before making investment decisions.
