Apar Industries Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- Apar Industries Ltd reported a 1.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 17.8%.
- Its expenses for the quarter were up by 2.1% QoQ and 20.3% YoY.
- The net profit decreased 9.8% QoQ and decreased 19.6% YoY.
- The earnings per share (EPS) of Apar Industries Ltd stood at 43.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 4750.60 | 4677.29 | 4034.16 | 1.6% | 17.8% |
Total Expenses | 4512.04 | 4420.59 | 3749.78 | 2.1% | 20.3% |
Profit Before Tax | 238.56 | 256.70 | 284.38 | -7.1% | -16.1% |
Tax | 63.55 | 62.85 | 66.73 | 1.1% | -4.8% |
Profit After Tax | 174.92 | 193.88 | 217.57 | -9.8% | -19.6% |
Earnings Per Share | 43.50 | 48.30 | 56.60 | -9.9% | -23.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Apar Industries Ltd is a renowned player in the manufacturing sector, primarily operating within the electrical and telecommunications industries. The company is known for producing a wide range of products, including conductors, transformer oils, specialty oils, and cables. These products are crucial components in the energy and telecommunications sectors. Apar Industries has established a strong presence in both domestic and international markets, catering to various industries' needs, including power, renewable energy, and telecommunications infrastructure. Recent developments in the company, if any, are not specified in the data provided. However, Apar Industries Ltd continues to leverage its expertise and innovation in the industry to maintain its competitive edge.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Apar Industries Ltd reported a total income of ₹4750.60 crores. This marks a quarter-over-quarter (QoQ) increase of 1.6% from ₹4677.29 crores in Q2FY25. Compared to the same quarter in the previous fiscal year (Q3FY24), where the total income was ₹4034.16 crores, there is a year-over-year (YoY) growth of 17.8%. The steady increase in revenue suggests ongoing business activities and potentially increased demand for the company's products. The revenue growth rates indicate the company's ability to sustain its financial performance over different quarters and years.
Profitability
The profitability of Apar Industries Ltd has experienced some fluctuations in Q3FY25. The profit before tax (PBT) for this quarter is reported at ₹238.56 crores, showing a decrease of 7.1% QoQ from ₹256.70 crores in Q2FY25. On a YoY basis, the PBT has declined by 16.1% from ₹284.38 crores in Q3FY24. After accounting for taxes, the profit after tax (PAT) for Q3FY25 is ₹174.92 crores, down by 9.8% QoQ from ₹193.88 crores in Q2FY25 and 19.6% YoY from ₹217.57 crores in Q3FY24. Earnings per share (EPS) for Q3FY25 is ₹43.50, which reflects a decline of 9.9% QoQ from ₹48.30 in Q2FY25 and 23.1% YoY from ₹56.60 in Q3FY24. These figures highlight the challenges faced in maintaining profitability levels against rising expenses and possibly other external factors.
Operating Metrics
During Q3FY25, Apar Industries Ltd reported total expenses of ₹4512.04 crores, which represents a 2.1% increase QoQ from ₹4420.59 crores in Q2FY25 and a 20.3% rise YoY from ₹3749.78 crores in Q3FY24. These rising expenses are a critical factor impacting the company's profitability. The tax expenses for Q3FY25 stood at ₹63.55 crores, which is a slight increase of 1.1% from ₹62.85 crores in the previous quarter but a 4.8% decrease from ₹66.73 crores in the same quarter last year. The financial metrics indicate that while income has increased, higher expenses have affected net profitability. This quarter's operational metrics suggest that the company is managing growth in revenue while dealing with increased costs, which are integral to understanding the company's operational performance.
