Alicon Castalloy Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Alicon Castalloy Ltd reported a 15.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 3.2%.
- Its expenses for the quarter were down by 11.3% QoQ and up 2.3% YoY.
- The net profit decreased 95.4% QoQ and decreased 95.3% YoY.
- The earnings per share (EPS) of Alicon Castalloy Ltd stood at 0.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 392.93 | 464.52 | 405.75 | -15.4% | -3.2% |
Total Expenses | 391.88 | 442.00 | 383.13 | -11.3% | 2.3% |
Profit Before Tax | 1.05 | 22.51 | 22.62 | -95.3% | -95.4% |
Tax | 0.27 | 5.71 | 5.88 | -95.3% | -95.4% |
Profit After Tax | 0.78 | 16.81 | 16.74 | -95.4% | -95.3% |
Earnings Per Share | 0.50 | 10.30 | 10.30 | -95.1% | -95.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Alicon Castalloy Ltd is a prominent player in the automotive and manufacturing industry, specializing in the production of aluminum castings. These castings are crucial components in automotive engines and other machinery, providing lightweight, durable solutions. The company has established a strong presence in both domestic and international markets, supplying to major automotive manufacturers. As of the latest, there are no specific recent developments available that can be discussed further. The provided data focuses on the financial performance of the company for the third quarter of fiscal year 2025 (Q3FY25).
Revenue
In the third quarter of fiscal year 2025, Alicon Castalloy Ltd reported a total income of ₹392.93 crores. This represents a quarter-over-quarter (QoQ) decrease of 15.4% from ₹464.52 crores in the previous quarter (Q2FY25). On a year-over-year (YoY) basis, the total income decreased by 3.2% from ₹405.75 crores in Q3FY24. The decline in revenue compared to both the previous quarter and the same quarter last year may reflect changes in market demand or other operational factors.
Profitability
The company's profitability metrics for Q3FY25 reveal a significant reduction in profits. Profit before tax (PBT) dropped to ₹1.05 crores, marking a decrease of 95.3% QoQ from ₹22.51 crores in Q2FY25 and a similar 95.4% YoY decline from ₹22.62 crores in Q3FY24. The tax expense also saw a notable reduction, amounting to ₹0.27 crores in Q3FY25 from ₹5.71 crores in the previous quarter and ₹5.88 crores in the same quarter last year. Consequently, profit after tax (PAT) stood at ₹0.78 crores, down 95.4% QoQ from ₹16.81 crores and 95.3% YoY from ₹16.74 crores. Earnings per share (EPS) followed this trend, declining to ₹0.50 from ₹10.30 in the previous quarter and the same quarter last year, reflecting the substantial reduction in net income.
Operating Metrics
The operating metrics indicate a contraction in the company's financial performance for Q3FY25. Total expenses were reported at ₹391.88 crores, showing an 11.3% decrease QoQ from ₹442.00 crores in Q2FY25. However, YoY, expenses increased by 2.3% from ₹383.13 crores in Q3FY24. The reduction in expenses QoQ suggests cost-cutting measures or changes in operational efficiency, yet the YoY increase may point to inflationary pressures or increased production costs. No additional specific operating metrics such as P/E ratio, debt-to-equity ratio, or current ratio are provided in the data set for a deeper analysis.
