BEML Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- BEML Ltd reported a 0.6% 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 decline of 18.6%.
- Its expenses for the quarter were up by 3.7% QoQ and down 16.1% YoY.
- The net profit decreased 52.2% QoQ and decreased 49.4% YoY.
- The earnings per share (EPS) of BEML Ltd stood at 5.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 880.28 | 874.70 | 1081.24 | 0.6% | -18.6% |
Total Expenses | 850.70 | 819.96 | 1014.40 | 3.7% | -16.1% |
Profit Before Tax | 29.58 | 54.75 | 66.85 | -46.0% | -55.8% |
Tax | 5.17 | 3.71 | 18.65 | 39.4% | -72.3% |
Profit After Tax | 24.41 | 51.04 | 48.20 | -52.2% | -49.4% |
Earnings Per Share | 5.90 | 12.30 | 11.60 | -52.0% | -49.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
BEML Ltd, formerly known as Bharat Earth Movers Limited, is a prominent Indian public sector undertaking engaged primarily in the manufacturing of heavy equipment. The company operates in sectors such as defense, rail and metro, and mining and construction. BEML's product portfolio includes a wide range of heavy equipment such as bulldozers, excavators, and railway coaches. The company plays a significant role in supporting India's infrastructure projects and defense needs. There is no specific information available about recent major developments or strategic shifts within the company from the data provided.
Revenue
In Q3FY25, BEML Ltd reported a total income of ₹880.28 crores, marking a marginal quarter-over-quarter (QoQ) increase of 0.6% compared to ₹874.70 crores in Q2FY25. However, this represents a significant year-over-year (YoY) decrease of 18.6% from ₹1081.24 crores in Q3FY24. This decline in YoY revenue could be attributed to various factors intrinsic to the operational or market conditions faced by the company during this period. The revenue figures highlight the company's quarterly performance while also reflecting broader trends over the year.
Profitability
BEML Ltd's profitability metrics for Q3FY25 reveal a decreasing trend when compared both sequentially and annually. The profit before tax (PBT) stood at ₹29.58 crores, which is a decline of 46.0% QoQ from ₹54.75 crores in Q2FY25, and a 55.8% fall YoY from ₹66.85 crores in Q3FY24. The profit after tax (PAT) for Q3FY25 was recorded at ₹24.41 crores, down by 52.2% QoQ from ₹51.04 crores in Q2FY25, and a 49.4% decrease YoY from ₹48.20 crores in Q3FY24. Earnings per share (EPS) also reflected this downward trend, with a value of ₹5.90 in Q3FY25 compared to ₹12.30 in the previous quarter and ₹11.60 in the same quarter last year. These figures suggest significant changes in the company's profitability over the periods in question.
Operating Metrics
Total expenses for BEML Ltd in Q3FY25 amounted to ₹850.70 crores, which is an increase of 3.7% QoQ from ₹819.96 crores in Q2FY25, but a decrease of 16.1% YoY from ₹1014.40 crores in Q3FY24. The tax expense for the quarter was ₹5.17 crores, representing a 39.4% QoQ increase from ₹3.71 crores in Q2FY25, but a notable YoY decline of 72.3% from ₹18.65 crores in Q3FY24. These operating metrics indicate variations in cost structures and tax liabilities over the periods, impacting the overall financial performance of the company.
