Banco Products (India) Ltd's Q3FY25 Quarter Results
- 09 Feb 2025
Result Summary
- Banco Products (India) Ltd reported a 29.3% 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 10.6%.
- Its expenses for the quarter were down by 15.3% QoQ and up 20.6% YoY.
- The net profit decreased 77.7% QoQ and decreased 54.7% YoY.
- The earnings per share (EPS) of Banco Products (India) Ltd stood at 2.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 644.34 | 911.79 | 582.48 | -29.3% | 10.6% |
Total Expenses | 605.40 | 714.70 | 501.97 | -15.3% | 20.6% |
Profit Before Tax | 38.94 | 197.09 | 80.51 | -80.2% | -51.6% |
Tax | 8.01 | 58.39 | 12.19 | -86.3% | -34.3% |
Profit After Tax | 30.93 | 138.70 | 68.32 | -77.7% | -54.7% |
Earnings Per Share | 2.20 | 19.40 | 9.60 | -88.7% | -77.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Banco Products (India) Ltd is a company operating within the manufacturing sector, known for its specialization in the production of automotive components. The company's main products include gaskets and radiators, which are essential components in automotive cooling systems. With a strong presence in both domestic and international markets, Banco Products has established itself as a key player in the automotive components industry. While there is no specific information available about recent major developments for the company within the given data, Banco Products continues its focus on innovation and quality assurance in its product offerings to maintain its competitive edge.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Banco Products (India) Ltd reported a total income of ₹644.34 crores. This represents a quarter-over-quarter (QoQ) decrease of 29.3% compared to ₹911.79 crores in the second quarter of the fiscal year 2025 (Q2FY25). However, there was a year-over-year (YoY) increase of 10.6% in total income from ₹582.48 crores in the third quarter of the fiscal year 2024 (Q3FY24). These figures highlight fluctuations in the company's revenue streams over different periods, reflecting changes in market conditions or operational dynamics.
Profitability
Banco Products (India) Ltd's profitability saw significant changes in Q3FY25. The company reported a profit before tax of ₹38.94 crores, which marks an 80.2% decline QoQ from ₹197.09 crores in Q2FY25 and a 51.6% decline YoY from ₹80.51 crores in Q3FY24. The profit after tax stood at ₹30.93 crores, down by 77.7% QoQ from ₹138.70 crores and by 54.7% YoY from ₹68.32 crores. The tax expenses for the quarter were ₹8.01 crores, showing a notable reduction compared to the previous quarters. These metrics reflect the variations in profitability that the company experienced during the quarter.
Operating Metrics
The earnings per share (EPS) for Banco Products (India) Ltd in Q3FY25 was ₹2.20, reflecting a substantial reduction of 88.7% QoQ from ₹19.40 and 77.1% YoY from ₹9.60. This metric indicates significant changes in shareholder earnings over the two comparative periods. Total expenses for the quarter were ₹605.40 crores, a decrease of 15.3% QoQ from ₹714.70 crores but an increase of 20.6% YoY from ₹501.97 crores. The variations in these operating metrics illustrate the dynamics in the company's cost management and profitability measures.
