Ashoka Metcast Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Ashoka Metcast Ltd reported a 51.4% 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 growth of 6.9%.
- Its expenses for the quarter were down by 52.9% QoQ and 18.4% YoY.
- The net profit decreased 48.6% QoQ and increased 371.1% YoY.
- The earnings per share (EPS) of Ashoka Metcast Ltd stood at 0.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 7.42 | 15.27 | 6.94 | -51.4% | 6.9% |
Total Expenses | 5.37 | 11.40 | 6.58 | -52.9% | -18.4% |
Profit Before Tax | 2.05 | 3.87 | 0.36 | -47.0% | 469.4% |
Tax | 0.26 | 0.38 | 0.02 | -31.6% | 1200.0% |
Profit After Tax | 1.79 | 3.48 | 0.38 | -48.6% | 371.1% |
Earnings Per Share | 0.70 | 1.40 | 0.10 | -50.0% | 600.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ashoka Metcast Ltd operates in the metals and casting industry, focusing on the production and distribution of various metal products. This company is known for its expertise in metal casting and fabrication, serving a diverse range of industrial sectors. While specific recent developments about the company are not available in the provided data, companies in this sector typically experience fluctuations based on commodity prices, demand from construction and manufacturing industries, and international trade policies. Ashoka Metcast Ltd is likely influenced by these factors, which can impact its operational and financial performance.
Revenue
In the third quarter of fiscal year 2025, Ashoka Metcast Ltd reported a total income of ₹7.42 crores. This represents a quarter-over-quarter (QoQ) decline of 51.4% from ₹15.27 crores in Q2FY25. Year-over-year (YoY), the company experienced a 6.9% increase in total income compared to ₹6.94 crores in Q3FY24. These figures reflect changes in the company's revenue-generating activities within the specified periods. The sharp QoQ decrease could be attributed to seasonal variations or changes in market conditions affecting sales volume and pricing.
Profitability
Ashoka Metcast Ltd's profitability metrics for Q3FY25 indicate a profit before tax of ₹2.05 crores, down 47.0% QoQ from ₹3.87 crores in Q2FY25. However, there is a significant YoY increase of 469.4% from ₹0.36 crores in Q3FY24. The tax expense for Q3FY25 was ₹0.26 crores, showing a decrease of 31.6% QoQ from ₹0.38 crores in the previous quarter, but a substantial increase YoY from ₹0.02 crores. The profit after tax stood at ₹1.79 crores, marking a reduction of 48.6% QoQ from ₹3.48 crores, yet a remarkable YoY growth of 371.1% from ₹0.38 crores. Earnings per share in Q3FY25 were ₹0.70, compared to ₹1.40 in Q2FY25 and ₹0.10 in Q3FY24, reflecting a 50.0% QoQ decrease and a 600.0% YoY increase.
Operating Metrics
The total expenses for Ashoka Metcast Ltd in Q3FY25 were ₹5.37 crores, showing a decrease of 52.9% QoQ from ₹11.40 crores in Q2FY25, and an 18.4% decrease YoY from ₹6.58 crores in Q3FY24. This decline in expenses could be a result of cost management strategies or reduced production costs. The company's operational efficiency is evident in the trends of both income and expenses, which directly influence profitability. The financial data indicates variations in both revenue and cost structures across the analyzed periods, which are critical for evaluating the company's operational performance.
