Bedmutha Industries Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Bedmutha Industries Ltd reported a 5.5% 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 37.9%.
- Its expenses for the quarter were up by 9.0% QoQ and 41.2% YoY.
- The net profit decreased 80.1% QoQ and decreased 67.5% YoY.
- The earnings per share (EPS) of Bedmutha Industries Ltd stood at 0.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 284.02 | 269.26 | 206.03 | 5.5% | 37.9% |
Total Expenses | 281.92 | 258.66 | 199.71 | 9.0% | 41.2% |
Profit Before Tax | 2.10 | 10.59 | 6.32 | -80.2% | -66.8% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | 2.11 | 10.60 | 6.50 | -80.1% | -67.5% |
Earnings Per Share | 0.70 | 3.30 | 2.00 | -78.8% | -65.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Bedmutha Industries Ltd is a company that operates within the manufacturing sector, primarily involved in producing a range of steel wire products which include galvanized steel wires, earth wire, wire ropes, and other related products. The company is known for catering to various industries such as infrastructure, power, and telecommunications. Bedmutha Industries has established a significant presence in both domestic and international markets. As of the latest developments, there are no specific major events or changes reported for the company.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Bedmutha Industries Ltd reported a total income of ₹284.02 crores. This marks a 5.5% increase on a quarter-over-quarter (QoQ) basis from ₹269.26 crores in Q2FY25. Compared to the third quarter of the previous fiscal year (Q3FY24), where the total income was ₹206.03 crores, there is a 37.9% year-over-year (YoY) growth. This significant YoY increase indicates a strong revenue performance over the past year, suggesting successful business operations and possibly favorable market conditions that have resulted in increased sales or service revenue.
Profitability
The company's profit before tax (PBT) for Q3FY25 stood at ₹2.10 crores, showing a sharp decline of 80.2% QoQ from ₹10.59 crores in Q2FY25. Year-over-year, the PBT has decreased by 66.8% from ₹6.32 crores in Q3FY24. Despite a stable revenue increase, the profitability has been significantly impacted. Profit after tax (PAT) also reflects a similar trend, recorded at ₹2.11 crores for Q3FY25, down by 80.1% QoQ and 67.5% YoY. Earnings per Share (EPS) decreased to ₹0.70 from ₹3.30 in the previous quarter and ₹2.00 in the same quarter last year, representing declines of 78.8% QoQ and 65.0% YoY. These metrics indicate reduced profitability for the quarter.
Operating Metrics
Total expenses for Bedmutha Industries Ltd in Q3FY25 amounted to ₹281.92 crores, a rise of 9.0% QoQ from ₹258.66 crores in Q2FY25, and a 41.2% increase YoY from ₹199.71 crores in Q3FY24. The expenses have risen at a higher rate than revenue, contributing to the decreased profitability margins seen in PBT and PAT. The company reported no tax expenses across the periods, indicating that tax liabilities do not impact the net profitability figures reported. The increase in expenses, despite revenue growth, suggests a need to delve deeper into operational efficiency and cost management strategies.
