Azad Engineering Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- Azad Engineering Ltd reported a 11.1% 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 16.6%.
- Its expenses for the quarter were up by 9.9% QoQ and 12.9% YoY.
- The net profit increased 13.6% QoQ and increased 41.2% YoY.
- The earnings per share (EPS) of Azad Engineering Ltd stood at 4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 125.56 | 113.06 | 107.67 | 11.1% | 16.6% |
Total Expenses | 91.52 | 83.31 | 81.08 | 9.9% | 12.9% |
Profit Before Tax | 34.04 | 29.75 | 26.58 | 14.4% | 28.1% |
Tax | 10.32 | 8.87 | 9.78 | 16.3% | 5.5% |
Profit After Tax | 23.72 | 20.88 | 16.80 | 13.6% | 41.2% |
Earnings Per Share | 4.00 | 3.50 | 3.40 | 14.3% | 17.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Azad Engineering Ltd is a company that operates within the engineering and manufacturing sector, focusing on precision-engineered components and systems. While specific details about the company's main products or services are not provided, companies within this industry typically engage in the production of high-quality components for various applications, including aerospace, automotive, and industrial machinery. As of the latest research, there are no recent major developments available for Azad Engineering Ltd. Such companies often concentrate on maintaining high standards of precision and quality to support critical applications across sectors.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Azad Engineering Ltd reported a total income of ₹125.56 crores, marking an increase from ₹113.06 crores in the previous quarter (Q2FY25) and ₹107.67 crores in the third quarter of the previous fiscal year (Q3FY24). This represents a quarter-over-quarter (QoQ) growth rate of 11.1% and a year-over-year (YoY) growth rate of 16.6%. Such growth in total income may reflect the company's ability to enhance its revenue streams, potentially through increased sales volume or pricing strategies.
Profitability
The company's profit before tax in Q3FY25 was ₹34.04 crores, up from ₹29.75 crores in Q2FY25 and ₹26.58 crores in Q3FY24. This corresponds to a QoQ increase of 14.4% and a YoY increase of 28.1%. After accounting for taxes, the profit after tax stood at ₹23.72 crores, compared to ₹20.88 crores in the prior quarter and ₹16.80 crores in the same quarter of the previous year, reflecting a QoQ growth of 13.6% and a YoY growth of 41.2%. The tax expenses for Q3FY25 were ₹10.32 crores, which increased by 16.3% QoQ and 5.5% YoY, indicating an increase in taxable income. Earnings per share (EPS) for this period increased to ₹4.00, from ₹3.50 in Q2FY25 and ₹3.40 in Q3FY24, representing a QoQ growth of 14.3% and a YoY growth of 17.6%.
Operating Metrics
Total expenses for Azad Engineering Ltd in Q3FY25 amounted to ₹91.52 crores, up from ₹83.31 crores in the previous quarter and ₹81.08 crores in the same quarter last year. This indicates a QoQ increase of 9.9% and a YoY increase of 12.9%. The increase in expenses is notable, yet the company managed to achieve higher profitability during the same period. The data does not provide information on specific operating ratios such as the P/E ratio, debt-to-equity ratio, or current ratio. However, the significant rise in total income relative to expenses suggests efficient management of operational costs and potential improvements in production efficiency or sales strategies.
